KalVista Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
05 Novembre 2024 - 12:30PM
Business Wire
KalVista Pharmaceuticals, Inc. (NASDAQ: KALV), today announced
that the compensation committee of KalVista’s board of directors
granted twelve newly-hired employees inducement options to purchase
an aggregate of 78,000 shares of KalVista common stock on November
1, 2024 as inducements material to each employee entering into
employment with KalVista. The options were granted in accordance
with Nasdaq Listing Rule 5635(c)(4).
The options have an exercise price of $10.61 per share, which
was equal to the closing price of KalVista common stock on the
grant date. One-fourth of the options vest on the one-year
anniversary of the vesting commencement date and the remainder vest
in equal monthly installments over the next three years, in each
case subject to the new employee’s continued service with the
company. Each stock option has a 10-year term and is subject to the
terms and conditions of KalVista’s Inducement Equity Incentive Plan
and a stock option agreement covering the grant.
About KalVista Pharmaceuticals, Inc.
KalVista Pharmaceuticals, Inc. is a global pharmaceutical
company that seeks to develop and deliver oral medicines for
diseases with significant unmet need. KalVista is focused on
understanding the needs of patients and the limitations of current
therapies to design treatments that empower people to better manage
their disease and improve their lives. KalVista’s New Drug
Application filing for sebetralstat for the on-demand treatment of
hereditary angioedema (“HAE”) attacks has been accepted by the U.S.
Food and Drug Administration with a Prescription Drug User Fee
Amendments goal date of June 17, 2025. In addition, KalVista has
received validation of its Market Authorization Application (“MAA”)
for HAE from the European Medicines Agency and has submitted MAA
applications to regulators in the United Kingdom, Switzerland,
Australia, and Singapore.
For more information about KalVista, please visit
www.kalvista.com or follow on social media at @KalVista and
LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20241105679669/en/
KalVista Pharmaceuticals, Inc. Media: Jenn Snyder
Vice President, Corporate Affairs (857) 356-0479
jennifer.snyder@kalvista.com
Investors: Ryan Baker Head, Investor Relations (617)
771-5001 ryan.baker@kalvista.com
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