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Stock impact report

PDS Biotechnology Corporation Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

PDS Biotechnology Corporation (PDSB) 
Last pds biotechnology corporation earnings: 11/7 06:00 am Check Earnings Report
Company Research Source: GlobeNewswire
BERKELEY HEIGHTS, N.J., July 03, 2019 (GLOBE NEWSWIRE) -- PDS Biotechnology Corporation (“PDS Biotechnology”) (Nasdaq: PDSB), a clinical-stage immuno-oncology company pioneering the development of novel multifunctional immunotherapeutic products, today announced that on June 28, 2019 the Compensation Committee of PDS’ Board of Directors approved the grant of inducement stock options covering an aggregate of 70,000 shares of PDS’ common stock to four new employees in accordance with Nasdaq Listing Rule 5635(c)(4). The awards were granted under PDS’ 2019 Inducement Plan, which was adopted on June 17, 2019 and provides for the granting of equity awards to new employees of PDS. Each of the stock options has an exercise price of $5.99, the closing price of PDS’ common stock on June 28, 2019. Each stock option vests over a four-year period, with one-quarter of the shares vesting on the first anniversary of the grant date (June 28, 2020) and then monthly over the following 36 months, subj Show less Read more
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