Equillium Inc. Announces Inducement Stock Option Grants for New Employees Under 2024 Plan
Reuters
Sep 04
Equillium Inc. Announces Inducement Stock Option Grants for New Employees Under 2024 Plan
Equillium Inc., a biotechnology company specializing in therapies for severe autoimmune and inflammatory disorders, has announced the issuance of inducement awards to two new employees. The awards consist of nonstatutory stock options to purchase a total of 150,000 shares of common stock under the company's 2024 Inducement Plan. Each stock option is priced at $1.74, corresponding to Equillium's closing stock price on August 29, 2025. The options will vest over four years, with 25% vesting after one year and the remainder vesting monthly over the following 36 months, contingent on the employees' continued service with the company.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equillium Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250903641369) on September 03, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.