SPRO - Spero Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) | Benzinga
CAMBRIDGE, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Spero Therapeutics, Inc. (NASDAQ:SPRO), a multi-asset clinical-stage biopharmaceutical company, focused on identifying, developing and commercializing treatments in high unmet need areas involving rare diseases and multi-drug resistant (MDR) bacterial infections, today announced that on October 27, 2023, the Compensation Committee of Spero's Board of Directors approved the grant of an aggregate of 65,000 restricted stock unit awards (RSUs) to a new employee under the Spero Therapeutics, Inc. 2019 Inducement Equity Incentive Plan, as amended, or the 2019 Inducement Plan. The RSUs are being granted as inducements material to the new employee, becoming an employee of Spero in accordance with Nasdaq Listing Rule5635(c)(4).
The 2019 Inducement ...