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Stock impact report

Rapid Micro Biosystems Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Rapid Micro Biosystems, Inc. - Class A (RPID) 
Company Research Source: GlobeNewswire
LOWELL, Mass., March 06, 2024 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that, effective March 4, 2024, the Compensation Committee of the Company’s Board of Directors granted non-qualified stock options to purchase 150,000 shares of the Company’s Class A common stock (“Common Stock”) and 75,000 restricted stock units (“RSUs”) to a new employee under the Company’s 2023 Inducement Plan, as amended (the “2023 Inducement Plan”). The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of the Company, as an inducement material to such individual's entering into employment with the Company, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules. The options have an exercise price of  Show less Read more
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