Neuronetics Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
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Neuronetics, Inc. (NASDAQ: STIM) announced the granting of inducement awards to new employees under NASDAQ Listing Rule 5635(c)(4). These awards are part of the company's 2020 Inducement Incentive Plan and are contingent on continued service.
December 16, 2024 | 9:45 pm
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Neuronetics has granted inducement awards to new employees under NASDAQ Listing Rule 5635(c)(4), which are part of the company's 2020 Inducement Incentive Plan.
The inducement awards are a standard practice for attracting new talent and are not expected to have a significant immediate impact on the stock price. However, they indicate the company's efforts to strengthen its workforce, which could have positive long-term implications.
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