ORIC Pharmaceuticals Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)
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ORIC Pharmaceuticals has granted stock options and restricted stock units to new employees as part of their inducement grants under Nasdaq Listing Rule 5635(c)(4).
February 07, 2025 | 9:45 pm
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ORIC Pharmaceuticals granted 29,600 stock options and 4,800 restricted stock units to new employees, aligning with Nasdaq Rule 5635(c)(4). This move is part of their strategy to attract talent.
The inducement grants are a standard practice for attracting new talent and are unlikely to have a significant immediate impact on ORIC's stock price. However, it reflects the company's growth and investment in human resources.
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