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Equillium grants 32,000 stock options to new employee under Nasdaq inducement rule.

Company Fundamentals
02 Apr 2026
GlobeNewsWire
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Neutral
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Equillium, a biotech company, granted 32,000 nonstatutory stock options to a new employee as an inducement to join the company, under Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $2.04 per share, matching the closing price on April 1, 2026, and will vest over four years. This move aims to attract talent to support Equillium's development of therapies for severe autoimmune and inflammatory disorders. The stock options are governed by Equillium's 2024 Inducement Plan and related agreements.

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