Solid Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
04 Juni 2024 - 10:00PM
Solid Biosciences Inc. (Nasdaq: SLDB) (the “Company”), a life
sciences company developing precision genetic medicines for
neuromuscular and cardiac diseases, today announced grants of
30,949 restricted stock units (“RSUs”) to four newly hired
employees.
The RSUs 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 each applicable vesting
date.
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).
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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