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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