NewAmsterdam Pharma Announces Inducement Grants for New Hires Under 2024 Plan

Reuters
05-03
NewAmsterdam Pharma Announces Inducement Grants for New Hires Under 2024 Plan

NewAmsterdam Pharma Company N.V., a clinical biopharmaceutical company focused on developing oral, non-statin medicines for cardiovascular disease, announced the approval of inducement share options for eleven new non-executive employees. The grants, totaling 197,000 of NewAmsterdam's ordinary shares, are part of the 2024 Inducement Plan, in compliance with Nasdaq Listing Rule 5635(c)(4). The share options have an exercise price of $20.03, reflecting the closing market price as of May 1, 2025. The vesting schedule includes 25% of the shares vesting on the one-year anniversary of the vesting commencement date, with the remainder vesting over the following 36 months, contingent on 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. NewAmsterdam Pharma Company NV published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9443677-en) on May 02, 2025, and is solely responsible for the information contained therein.

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