Xilio Therapeutics Unveils New Stock Option Grants for Employees Under 2022 Inducement Plan

Reuters

08-02

<a href="https://laohu8.com/S/XLO">Xilio Therapeutics</a> Unveils New Stock Option Grants for Employees Under 2022 Inducement Plan

WALTHAM, Mass., Aug. 01, 2025 (GLOBE NEWSWIRE) -- Xilio Therapeutics, Inc. (Nasdaq: XLO), a clinical-stage biotechnology company, announced the granting of non-qualified stock options to purchase 134,000 shares of its common stock to two new employees under its 2022 Inducement Stock Incentive Plan. The stock options have an exercise price of $0.65 per share, reflecting the closing price on August 1, 2025. Each option has a ten-year term, with 25% vesting on the first anniversary of employment commencement and the remaining 75% vesting in 36 equal monthly installments, contingent on continued service. These grants comply with Nasdaq Listing Rule 5635(c)(4).

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. Xilio Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9504891-en) on August 01, 2025, and is solely responsible for the information contained therein.

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ID: GNW9504891-en) on August 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210149790.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250801:nNDL7bCPhh:1","article_id":"2556845799","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2556845799","pubTimestamp":1754080209,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"WALTHAM, Mass., Aug. 01, 2025  -- Xilio Therapeutics, Inc. , a clinical-stage biotechnology company, announced the granting of non-qualified stock options to purchase 134,000 shares of its common stock to two new employees under its 2022 Inducement Stock Incentive Plan. 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