Bicycle Therapeutics Announces New Inducement Plan with Stock Option Awards for New Employees

Reuters

Jul 03

Bicycle <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Announces New Inducement Plan with Stock Option Awards for New Employees

Bicycle Therapeutics plc, listed on NASDAQ as BCYC, announced on July 1, 2025, the issuance of inducement awards to eight new employees as part of their 2024 Inducement Plan. The Compensation Committee of the company's Board of Directors approved non-qualified share options for the purchase of a total of 77,400 ordinary shares, with each option priced at $6.95 per share, reflecting the company's closing trading price as of June 30, 2025. These options are set to vest over a period of four years, with 25% vesting after one year and the remainder vesting monthly over the subsequent 36 months, contingent upon 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. Bicycle Therapeutics plc published the original content used to generate this news brief via Business Wire (Ref. ID: 20250702003776) on July 02, 2025, and is solely responsible for the information contained therein.

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