Solid Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
03 April 2024 - 10:05PM
Solid Biosciences Inc. (Nasdaq: SLDB), a life sciences company
developing precision genetic medicines for neuromuscular and
cardiac diseases, today announced the grant of inducement awards to
two newly hired employees. These grants were made pursuant to the
Company’s 2024 Inducement Stock Incentive Plan and were made as an
inducement material to each employee’s acceptance of employment
with the Company in accordance with Nasdaq Listing Rule 5635(c)(4).
The Company granted restricted stock unit awards with respect to
an aggregate of 17,090 shares of its common stock to two new
employees. The restricted stock unit awards vest in four equal
installments on each one-year anniversary of the applicable
employee’s start date until the fourth anniversary of the
applicable employee’s start date. Vesting of the equity awards is
subject to the applicable employee’s continued service with the
Company through the applicable vesting dates.
About Solid BiosciencesSolid Biosciences
is a life sciences company focused on advancing a portfolio of gene
therapy candidates including SGT-003 for the treatment of Duchenne
muscular dystrophy (Duchenne), SGT-501 for the treatment of
catecholaminergic polymorphic ventricular tachycardia (CPVT),
AVB-401 for the treatment of BAG3-mediated dilated cardiomyopathy,
and additional assets for the treatment of fatal cardiac diseases.
Solid is advancing its diverse pipeline across rare neuromuscular
and cardiac diseases, bringing together experts in science,
technology, disease management, and care. Patient-focused and
founded by those directly impacted, Solid’s mandate is to improve
the daily lives of patients living with these devastating diseases.
For more information, please visit www.solidbio.com.
Solid Biosciences Investor
Contact:investors@solidbio.com
Media Contact:Glenn Silver FINN Partners
glenn.silver@finnpartners.com
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