Dianthus Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
05 April 2024 - 10:30PM
Dianthus Therapeutics, Inc. (“Dianthus”), a clinical-stage
biotechnology company dedicated to advancing the next generation of
antibody complement therapeutics to treat severe autoimmune
diseases, today announced that it granted equity awards on April 1,
2024, to six newly-hired, non-executive employees. The inducement
grants were approved by the Company's independent Compensation
Committee and were made as material inducements to acceptance of
employment with Dianthus in accordance with Nasdaq Listing Rule
5635(c)(4).
The inducement grants consist of non-qualified stock options to
purchase an aggregate of 126,000 shares of the Company's common
stock with a 10-year term and an exercise price of $29.72 per
share. The options vest as to 25% on the first anniversary of the
vesting commencement date and in equal monthly installments for the
following 36 months. The inducement grants are subject to the terms
and conditions of the Dianthus Therapeutics, Inc. Equity Inducement
Plan, and the terms and conditions of a stock option agreement.
About Dianthus Therapeutics
Dianthus Therapeutics is a clinical-stage biotechnology company
dedicated to designing and delivering novel, best-in-class
monoclonal antibodies with improved selectivity and potency. Based
in New York City and Waltham, Mass., Dianthus is comprised of an
experienced team of biotech and pharma executives who are leading
the development of next-generation antibody complement
therapeutics, aiming to deliver transformative medicines for people
living with severe autoimmune and inflammatory
diseases.
To learn more, please visit www.dianthustx.com and follow
us on LinkedIn.
Contact Jennifer Davis RuffDianthus
Therapeuticsjdavisruff@dianthustx.com
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