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Acrivon Therapeutics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

Acrivon Therapeutics, Inc. (ACRV) 
Company Research Source: GlobeNewswire
WATERTOWN, Mass., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Acrivon Therapeutics, Inc. (“Acrivon” or “Acrivon Therapeutics”) (Nasdaq: ACRV), a clinical stage precision medicine company utilizing its Acrivon Predictive Precision Proteomics (AP3) platform for the discovery, design, and development of drug candidates through a mechanistic match to patients whose disease is predicted sensitive to the specific treatment, today announced that the company approved a grant of equity awards under its 2023 Inducement Plan to certain employees. The equity awards were granted in the form of stock options and have a grant date of October 15, 2024. The employees received an aggregate of options to purchase 61,950 shares of Acrivon common stock. The stock options will vest 25% on the first anniversary of the first day of the month following the effective date of each such employee’s employment and in additional 2.083% installments on a monthly basis thereafter, subject to each such employee’s continued e Show less Read more
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