InspireMD Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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InspireMD, Inc. (Nasdaq: NSPR) announced inducement grants of 197,167 shares of restricted stock to five new non-executive employees, outside of its 2021 Equity Compensation Plan, under Nasdaq Listing Rule 5635(c)(4).
November 08, 2024 | 10:45 pm
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InspireMD has issued inducement grants of 197,167 shares of restricted stock to new employees, which could lead to a slight dilution of existing shares.
The issuance of new shares as inducement grants can lead to dilution of existing shares, which may negatively impact the stock price in the short term. However, the impact is likely to be minor given the relatively small number of shares compared to the total outstanding shares.
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