HOOKIPA Pharma Announces Grant of Inducement Award Under Nasdaq Listing Rule 5635(c)(4)
16 Aprile 2024 - 10:30PM
HOOKIPA Pharma Inc. (NASDAQ: HOOK, ‘HOOKIPA’), a company developing
a new class of immunotherapeutics based on its proprietary
arenavirus platform, today announced that the Compensation
Committee of the Company’s Board of Directors approved the grant of
non-statutory options to Mark Winderlich, who was appointed Chief
Development Officer of the Company effective April 1, 2024, to
purchase an aggregate of 250,000 shares of the Company’s Common
Stock under HOOKIPA’s 2023 Inducement Plan. The award was granted
as an inducement material to the employee’s acceptance of
employment with HOOKIPA in accordance with Nasdaq Listing Rule
5635(c)(4). The options have an exercise price equal to $0.76 per
share. The options have a ten-year term and vest over four years,
with 25% vesting on the one-year anniversary of the grant date and
the remainder vesting in equal quarterly installments for three
years thereafter, subject to the employee’s continued service with
HOOKIPA on each such vesting date. The options are subject to the
terms and conditions of HOOKIPA’s 2023 Inducement Plan approved by
the Board of Directors in April 2023 and the terms and conditions
of award agreements covering the grants.
About HOOKIPAHOOKIPA Pharma
Inc. (NASDAQ: HOOK) is a clinical-stage biopharmaceutical company
focused on developing novel immunotherapies, based on its
proprietary arenavirus platform, which are designed to mobilize and
amplify targeted T cells and thereby fight or prevent serious
disease. HOOKIPA’s replicating and non-replicating technologies are
engineered to induce robust and durable antigen-specific CD8+ T
cell responses and pathogen-neutralizing antibodies. HOOKIPA’s
pipeline includes its wholly owned investigational arenaviral
immunotherapies targeting Human Papillomavirus 16-positive cancers,
KRAS-mutated cancers, and other unnamed indications. In addition,
HOOKIPA aims to develop functional cures of HBV and HIV in
collaboration with Gilead.
Find out more about HOOKIPA online
at www.hookipapharma.com.
Availability of Other Information About
HOOKIPAInvestors and others should note that we announce
material financial information to our investors using our investor
relations website (https://ir.hookipapharma.com/), SEC filings,
press releases, public conference calls and webcasts. We use these
channels, as well as social media, to communicate with our members
and the public about our company, our services and other issues. It
is possible that the information we post on social media could be
deemed to be material information. Therefore, we encourage
investors, the media, and others interested in our company to
review the information we post on the U.S. social media channels
listed on our investor relations website.
For further information, please contact:
Investors and Media
Michael Kaiser
michael.kaiser@hookipapharma.com
+ 1 (917) 984 7537
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