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0 0 -0.00592885375494076 -0.00592885375494076 0.0019762845849802 -0.0019762845849802 -0.0019762845849802 0.0019762845849802
Stock impact report

Annexon Reports Inducement Grants to New Employees Under Nasdaq Listing Rule 5635(c)(4)

Annexon, Inc. - common stock (ANNX) 
Company Research Source: GlobeNewswire
BRISBANE, Calif., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Annexon, Inc. (Nasdaq: ANNX), a biopharmaceutical company advancing a late-stage clinical platform of novel therapies for people living with devastating classical complement-mediated neuroinflammatory diseases of the body, brain, and eye, today announced that it has granted inducement to nine new non-executive employees under the terms of the 2022 Employment Inducement Award Plan. The equity awards were approved on December 10, 2024, in accordance with Nasdaq Listing Rule 5635(c)(4). In the aggregate, the new non-executive employees received options to purchase 901,000 shares of Annexon common stock. The options carry a ten-year term and an exercise price per share equal to $4.44, which was the closing price of Annexon’s common stock on December 13, 2024, the date grant of, and vest over 4 years, with 25% of the shares underlying the options vesting on the first anniversary of the grant date and an additional 1/48th of the share Show less Read more
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