Summit Therapeutics (SMMT) grants inducement awards
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Summit Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
March 21, 2025 4:15 PM EDTMIAMI--(BUSINESS WIRE)-- Summit Therapeutics Inc. (NASDAQ: SMMT) ("Summit," "we," or the "Company") today announced the grant of inducement awards of options to purchase a collective total of up to 147,500 shares of common stock. Awards were made to seven new employees of the Company. The awards were granted as an inducement material to the new employees becoming employees of the Company in accordance with Nasdaq Listing Rule 5635(c)(4) and have been approved by the Companys Compensation Committee. The inducement awards were granted on March 17, 2025. The options have a ten (10) year term and... More
