Airgain® Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
February 20 2025 - 8:35PM
Business Wire
Airgain, Inc. (NASDAQ: AIRG), a premier provider of
wireless connectivity solutions, offering a range of integrated
systems, embedded components, and external antennas worldwide,
today announced that it has granted inducement awards to one new
non-executive employee who recently joined the Company.
The awards were made on February 18, 2025, under Airgain’s 2021
Employment Inducement Incentive Award Plan, which provides for the
granting of equity awards to new employees of Airgain as an
inducement to join the company. The inducement awards to the new
employee consist of 3,809 restricted stock units (“RSUs”).
The RSUs shall vest over four years in substantially equal
annual installments on March 15, 2026, 2027, 2028, and 2029,
subject to the employee’s continued service with the Company.
The awards were approved by the Compensation Committee of
Airgain’s Board of Directors, as required by Nasdaq Rule
5635(c)(4), and were granted as an inducement material to the new
employee entering into employment with Airgain in accordance with
Nasdaq Rule 5635(c)(4).
About Airgain, Inc.
Airgain is a premier provider of wireless connectivity
solutions, offering a range of integrated systems, embedded
components, and external antennas worldwide. We streamline wireless
connectivity across devices and markets, with a focus on solving
complex connectivity challenges, expediting time to market, and
optimizing wireless signals. Our mission is to connect the world
through optimized, integrated wireless solutions. Our product
portfolio focuses on three key markets: enterprise, automotive, and
consumer. Airgain is headquartered in San Diego, California. For
more information, visit airgain.com, or follow Airgain on LinkedIn
and X (formerly Twitter).
Airgain and the Airgain logo are trademarks or registered
trademarks of Airgain, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20250220342719/en/
Airgain Investor Contact Matt Glover Gateway Group, Inc.
+1 (949) 574 3860 AIRG@gateway-grp.com
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