Stoke Therapeutics Announces New Stock Option Inducement Grants for Employees Under Nasdaq Rule

Reuters
2025/06/18
Stoke <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces New Stock Option Inducement Grants for Employees Under Nasdaq Rule

Stoke Therapeutics, Inc. has announced the issuance of stock options to two new employees as part of its compensation package under Nasdaq Listing Rule 5635(c)(4). Effective June 16, 2025, these options allow for the purchase of a total of 37,200 shares at an exercise price of $11.70 per share, matching the closing price of the company's common stock on the same date. The options will vest over four years, with 25% vesting on the first anniversary of the vesting commencement date and the remainder vesting monthly over the subsequent 36 months, contingent upon the employees' continued service. The options have a 10-year term and are governed by the 2023 Inducement Plan and related stock option agreements.

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. Stoke Therapeutics Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250617631247) on June 17, 2025, and is solely responsible for the information contained therein.

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