Annexon Reports Inducement Grants to New Employees Under Nasdaq Listing Rule 5635(c)(4)
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Annexon, Inc. has granted equity inducement awards to seven new non-executive employees under its 2022 Employment Inducement Award Plan, in compliance with Nasdaq Listing Rule 5635(c)(4).
November 15, 2024 | 10:15 pm
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Annexon, Inc. has issued equity inducement awards to new employees, which may affect stock dilution and employee retention.
The issuance of equity inducement awards is a common practice to attract and retain talent, which may lead to slight stock dilution. However, it is unlikely to have a significant short-term impact on the stock price.
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