Longboard Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(C)(4)
Longboard Pharmaceuticals, Inc. (LBPH)
Company Research
Source: Business Wire
LA JOLLA, Calif.--(BUSINESS WIRE)--Longboard Pharmaceuticals, Inc. (Nasdaq: LBPH), a clinical-stage biopharmaceutical company focused on developing novel, transformative medicines for neurological diseases, today announced the grant of inducement awards to seven new employees. The Compensation Committee of the Board of Directors of Longboard approved the grants of non-qualified stock options to purchase an aggregate of 178,000 shares of its common stock (the “Common Stock”) as inducements material to the employees entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4), which includes an inducement award of options to purchase 30,000 shares of Common Stock granted to Longboard’s Director, Global Field Medical Affairs.The stock options were granted on April 30, 2024 (the “Grant Date”) and have an exercise price of $21.30 per share, which is equal to the closing price of the Common Stock on the Grant Date. The stock options will vest and become ex
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LBPH
News
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- Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $60.00 price target on the stock.MarketBeat
- Longboard Pharmaceuticals (NASDAQ:LBPH) Is In A Good Position To Deliver On Growth Plans [Yahoo! Finance]Yahoo! Finance
- Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $60.00 price target on the stock.MarketBeat
- Longboard Pharmaceuticals, Inc. (NASDAQ: LBPH) had its price target raised by analysts at Wedbush from $32.00 to $34.00. They now have an "outperform" rating on the stock.MarketBeat
LBPH
Earnings
- 11/2/23 - Beat
LBPH
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/15/24 - Form 8-K
- LBPH's page on the SEC website