Ultragenyx Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
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Ultragenyx Pharmaceutical Inc. has granted 15,175 restricted stock units to 15 new non-executive officers as part of its Employment Inducement Plan, in compliance with Nasdaq Listing Rule 5635(c)(4).
December 20, 2024 | 9:45 pm
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Ultragenyx has issued 15,175 restricted stock units to new non-executive officers, potentially impacting stock dilution and employee retention.
The issuance of restricted stock units 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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