Dianthus Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
May 03 2024 - 3:30PM
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 May 1,
2024, to two 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 52,000
shares of the Company's common stock with a 10-year term and an
exercise price of $22.53 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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