Marinus Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Marinus Pharmaceuticals, Inc. (MRNS)
Last marinus pharmaceuticals, inc. earnings: 11/6 07:30 am
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US:NASDAQ Investor Relations:
ir.marinuspharma.com/investor-relations
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Source: GlobeNewswire
RADNOR, Pa., April 27, 2020 (GLOBE NEWSWIRE) -- Marinus Pharmaceuticals, Inc. (Nasdaq: MRNS) (the “Company” or “Marinus”), a pharmaceutical company dedicated to the development of innovative therapeutics to treat rare seizure disorders, today announced the grant of inducement awards to two new employees. A majority of the independent members of the Board of Directors of Marinus granted the new employees non-qualified stock options to purchase an aggregate of 45,500 shares of its common stock as inducement awards material to each employee entering into employment with the Company in accordance with Nasdaq Listing Rule 5635(c)(4). One of the stock option grants has an exercise price of $1.79 per share, which is equal to the closing price of Marinus’ common stock on April 15, 2020, the date of grant for that stock option. The other stock option grant will have an exercise price equal to the closing price of Marinus’ common stock on its date of grant, which is April 29, 2020. The stock
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