Solid Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
05 September 2024 - 6:05AM
Solid Biosciences Inc. (Nasdaq: SLDB) (the “Company”), a life
sciences company developing precision genetic medicines for
neuromuscular and cardiac diseases, today announced grants of
42,082 restricted stock units (“RSUs”) to three newly hired
employees.
The RSUs vest in four equal installments on each
one-year anniversary of the grant date until the fourth anniversary
of the grant date. Vesting of the equity awards is subject to the
applicable employee’s continued service with the Company through
each applicable vesting date.
These grants were made pursuant to the Company’s
2024 Inducement Stock Incentive Plan and were made as an inducement
material to each employee’s acceptance of employment with the
Company in accordance with Nasdaq Listing Rule 5635(c)(4).
About Solid BiosciencesSolid
Biosciences is a life sciences company focused on advancing a
portfolio of gene therapy candidates including SGT-003 for the
treatment of Duchenne muscular dystrophy (Duchenne), SGT-501 for
the treatment of catecholaminergic polymorphic ventricular
tachycardia (CPVT), AVB-401 for the treatment of BAG3-mediated
dilated cardiomyopathy, and additional assets for the treatment of
fatal cardiac diseases. Solid is advancing its diverse pipeline
across rare neuromuscular and cardiac diseases, bringing together
experts in science, technology, disease management, and care.
Patient-focused and founded by those directly impacted, Solid’s
mandate is to improve the daily lives of patients living with these
devastating diseases. For more information, please visit
www.solidbio.com.
Solid Biosciences Investor
Contact:Nicole AndersonDirector, Investor Relations and
Corporate CommunicationsSolid Biosciences
Inc.investors@solidbio.com
Media Contact:Glenn Silver FINN
Partners glenn.silver@finnpartners.com
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