Tempest Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
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Tempest Therapeutics, Inc. announced the grant of nonqualified stock options to an employee under its 2023 Inducement Plan, in accordance with Nasdaq Listing Rule 5635(c)(4).
December 06, 2024 | 9:45 pm
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NEUTRAL IMPACT
Tempest Therapeutics granted stock options to an employee under its 2023 Inducement Plan, which may influence stockholder perception and stock price.
The grant of stock options is a common practice for employee compensation and may not have a significant immediate impact on the stock price. However, it reflects the company's efforts to incentivize employees, which could be viewed positively by investors.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100