LENSAR Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
LENSAR, Inc. (LNSR)
Company Research
Source: Business Wire
ORLANDO, Fla.--(BUSINESS WIRE)--LENSAR, Inc. (Nasdaq: LNSR) (“LENSAR” or the “Company”) today announced that a majority of the independent members of LENSAR’s board of directors granted three newly-hired non-executive employees stock options to purchase an aggregate of 1,425 shares of the Company’s common stock. The options were granted as of April 1, 2024, as inducements material to each employee entering into employment with the Company. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4).The options have an exercise price of $3.38 per share, which is equal to the closing price of the Company’s common stock on the grant date. The options vest as to 25% of the total amount of the award on the one-year anniversary of the grant date and in thirty-six substantially equal monthly installments thereafter, subject to the new employee’s continued service with the company. Each stock option has a 10-year term. The options are subject to the terms and conditions of
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News
- LENSAR to Report First Quarter 2024 Financial Results on Thursday, May 9, 2024 [Yahoo! Finance]Yahoo! Finance
- LENSAR to Report First Quarter 2024 Financial Results on Thursday, May 9, 2024Business Wire
- LENSAR Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)Business Wire
- We Think LENSAR (NASDAQ:LNSR) Can Afford To Drive Business Growth [Yahoo! Finance]Yahoo! Finance
- LENSAR, Inc. (NASDAQ: LNSR) is now covered by analysts at Lake Street Capital. They set a "buy" rating and a $8.00 price target on the stock.MarketBeat
LNSR
Sec Filings
- 3/25/24 - Form ARS
- 3/25/24 - Form DEFA14A
- 3/25/24 - Form DEF
- LNSR's page on the SEC website