Adverum Biotechnologies Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Adverum Biotechnologies, Inc. (ADVM)
Last adverum biotechnologies, inc. earnings: 3/12 04:01 pm
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Source: GlobeNewswire
REDWOOD CITY, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- Adverum Biotechnologies, Inc. (Nasdaq: ADVM) today announced that the Compensation Committee of Adverum’s Board of Directors granted an inducement award consisting of non-qualified stock options to purchase 30,000 shares of common stock to a new employee under Adverum’s 2017 Inducement Plan. The Compensation Committee of Adverum’s Board of Directors approved the award as an inducement material to the new employee's employment in accordance with Nasdaq Listing Rule 5635(c)(4). Each stock option has an exercise price per share equal to $3.83 per share, Adverum’s closing trading price on the grant date, and will vest over four years, with 25% of the shares vesting on the first anniversary of the applicable vesting commencement date and 1/48th of the shares vesting monthly thereafter over 36 months, subject to the new employee’s continued service relationship with Adverum through the applicable vesting dates. The award is subje
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ADVM
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ADVM
Earnings
- 11/12/25 - Miss
ADVM
Sec Filings
- 12/19/25 - Form 15-12G
- 12/10/25 - Form 4
- 12/10/25 - Form 4
- ADVM's page on the SEC website