GenScript Biotech Announces New Restricted Share Grant Plan for Employees and Consultants

Reuters
11 Jun
GenScript Biotech Announces New Restricted Share Grant Plan for Employees and Consultants

GenScript Biotech Corporation, a Cayman Islands-incorporated company, announced the grant of Restricted Shares under its 2021 RSA Scheme. On June 11, 2025, the company awarded a total of 6,777,120 Restricted Shares. Among these, 6,707,292 shares were allocated to certain employees, while 69,828 shares were granted to two individual consultants engaged in technical research and strategic advisory services. This announcement highlights the company's ongoing efforts to reward and align key personnel with its growth objectives. The restricted shares were granted at no purchase price.

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