Solid Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
November 04 2024 - 7:00AM
Solid Biosciences Inc. (Nasdaq: SLDB) (the “Company”), a life
sciences company developing precision genetic medicines for
neuromuscular and cardiac diseases, today announced a grant of
9,741 restricted stock units (“RSUs”) to one newly hired employee.
The RSUs vest in four equal installments on each one-year
anniversary of the grant date until the fourth anniversary of the
grant date. Vesting of the equity awards is subject to the
employee’s continued service with the Company through each
applicable vesting date.
This grant was made pursuant to the Company’s 2024 Inducement
Stock Incentive Plan and was made as an inducement material to the
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:Nicole
AndersonDirector, Investor Relations and Corporate
CommunicationsSolid Biosciences Inc.investors@solidbio.com
Media Contact:Glenn Silver FINN Partners
glenn.silver@finnpartners.com
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