Quantum-Si Announces New Equity Awards Plan for New Employees Under Nasdaq Rule 5635(c)(4)

Reuters
05-14
Quantum-Si Announces New Equity Awards Plan for New Employees Under Nasdaq Rule 5635(c)(4)

Quantum-Si Inc., a leader in protein sequencing, has announced the approval of inducement grants under its 2023 Inducement Equity Incentive Plan. The plan, aligned with Nasdaq Listing Rule 5635(c)(4), facilitates the issuance of equity awards to new employees as a motivating factor for joining the company. Specifically, the Compensation Committee of Quantum-Si's Board of Directors has allocated 16,555 restricted stock units (RSUs) to newly hired staff. These RSUs will vest at 25% on June 20, 2026, with the remaining balance vesting in 12 equal quarterly installments, contingent on the employee's continued service with the company. The grants are subject to the conditions outlined in the 2023 Inducement Plan and corresponding RSU 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. Quantum-Si Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250513861252) on May 13, 2025, and is solely responsible for the information contained therein.

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