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0.0107816711590297 0.0107816711590297 0.0107816711590297 0.0107816711590297 0.0107816711590297 -0.013477088948787 0.0498652291105121 0.0498652291105121
Stock impact report

KALA BIO Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Kala Pharmaceuticals, Inc. (KALA) 
Last kala pharmaceuticals, inc. earnings: 2/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.kalarx.com
Company Research Source: GlobeNewswire
ARLINGTON, Mass., Jan. 19, 2024 (GLOBE NEWSWIRE) -- KALA BIO, Inc. (Nasdaq:KALA), today announced that the Company granted non-statutory stock options to a new employee as an inducement award outside the Company’s Amended and Restated 2017 Equity Incentive Plan in accordance with Nasdaq Listing Rule 5635(c)(4). The Company granted stock options to purchase up to an aggregate of 3,125 shares of its common stock to one new employee. The stock options were granted on January 16, 2024. The grant was approved by the Compensation Committee and made as a material inducement to such employee entering into employment with KALA in accordance with Nasdaq Listing Rule 5635(c)(4). The option award has an exercise price of $7.85 per share, the closing price of KALA’s common stock on January 16, 2024. The options have a ten-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the employee’s new hire date and the remainder vesting in equ Show less Read more
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