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News  ›  GlobeNewswire Inc.

Annexon Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(c)(4)

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Joyce Allaire
Annexon Reports Inducement Grant to New Employee Under Nasdaq Listing Rule 5635(c)(4)

Annexon, a biopharmaceutical company, granted a stock option to a new non-executive employee for 19,000 shares with a 4-year vesting schedule and an exercise price of $4.91 per share.

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ANNX   neutral

The article describes a routine stock option grant to a new employee, which is a standard practice for tech and biotech companies and does not indicate significant positive or negative business developments