Syndax Pharmaceuticals Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)
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Syndax Pharmaceuticals has granted inducement awards to two new employees to purchase up to 23,900 shares of common stock under its 2023 Inducement Plan, in accordance with NASDAQ Listing Rule 5635(c)(4).
December 03, 2024 | 9:30 pm
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Syndax Pharmaceuticals granted inducement awards for 23,900 shares to new employees, potentially impacting stock supply and investor perception.
The inducement awards are a standard practice for attracting new talent and are unlikely to have a significant impact on the stock price due to the relatively small number of shares involved. However, it may slightly affect investor perception regarding employee incentives and stock supply.
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