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Stock impact report

Delcath Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Delcath Systems, Inc. (DCTH) 
US:NASDAQ Investor Relations: delcath.com/investors
Company Research Source: Business Wire
QUEENSBURY, N.Y.--(BUSINESS WIRE)--Delcath Systems, Inc. (Nasdaq: DCTH) (the “Company” or “Delcath”), an interventional oncology company focused on the treatment of primary and metastatic cancers of the liver, announces that the Company granted three equity awards, previously approved by the Company’s Compensation Committee, as a material inducement to the employment of three individuals whose employment commenced in August 2024.The grants totaled the right to purchase an aggregate of 46,000 shares of the Company’s common stock and are subject to the terms and conditions of the Company’s 2023 Inducement Plan (“Plan”). The options were granted on August 30, 2024, the date the Compensation Committee approved the stock option included within the equity inducement and are subject to an exercise price equal to $11.00, the closing price of Delcath’s common stock on August 30, 2024. For each equity award, one-third of the options will vest on the first anniversary of the grant date with Show less Read more
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