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News  ›  GlobeNewswire Inc.

Arcutis Biotherapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Arcutis Biotherapeutics, Inc.
Arcutis Biotherapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Arcutis Biotherapeutics granted 51,000 restricted stock units to six newly hired employees, with units vesting over four years and subject to continuous employment.

Insights
ARQT   positive

The company is expanding its workforce and using stock units as an incentive for new employees, indicating growth and financial stability