{"id":691436,"date":"2022-10-03T16:09:57","date_gmt":"2022-10-03T20:09:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\/"},"modified":"2022-10-03T16:09:57","modified_gmt":"2022-10-03T20:09:57","slug":"akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\/","title":{"rendered":"Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"legendSpanClass\"><br \/>\n          <span class=\"xn-location\">CAMBRIDGE, Mass.<\/span><br \/>\n        <\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 3, 2022<\/span><\/span> \/PRNewswire\/ &#8212; <a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3665846-1&amp;h=3329927319&amp;u=http%3A%2F%2Fwww.akebia.com%2F&amp;a=Akebia+Therapeutics%2C+Inc.\" target=\"_blank\" rel=\"nofollow noopener\">Akebia Therapeutics, Inc.<\/a> (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, granted four newly-hired employees options to purchase an aggregate of 50,000 shares of Akebia&#8217;s common stock on <span class=\"xn-chron\">September 30, 2022<\/span>, as inducements material to each such employee entering into employment with Akebia. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1136400\/Akebia_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1136400\/Akebia_Logo.jpg\" title=\"Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company focused on the development and commercialization of therapeutics for people living with kidney disease (PRNewsfoto\/Akebia Therapeutics, Inc.)\" alt=\"Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company focused on the development and commercialization of therapeutics for people living with kidney disease (PRNewsfoto\/Akebia Therapeutics, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The options have an exercise price of <span class=\"xn-money\">$0.32<\/span> per share, which is equal to the closing price of Akebia&#8217;s common stock on the grant date. Each stock option vests over four years, with 25% of the shares vesting on the first anniversary of the grant date and the remaining 75% of shares vesting quarterly thereafter, in each case, subject to the new employee&#8217;s continued service with Akebia. Each stock option has a 10-year term and is subject to the terms and conditions of Akebia&#8217;s inducement award program and a stock option agreement covering the grant.<\/p>\n<p>\n        <b>About Akebia Therapeutics<\/b>\n      <\/p>\n<p>Akebia Therapeutics, Inc. is a fully integrated biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease. Akebia was founded in 2007 and is headquartered in <span class=\"xn-location\">Cambridge, Massachusetts<\/span>. For more information, please visit our website at\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3665846-1&amp;h=1866023727&amp;u=http%3A%2F%2Fwww.akebia.com%2F&amp;a=www.akebia.com\" target=\"_blank\" rel=\"nofollow noopener\">www.akebia.com<\/a>, which does not form a part of this release.<\/p>\n<p>\n        <b>Akebia Therapeutics Contact<\/b>\n      <\/p>\n<p>\n        <span class=\"xn-person\">Mercedes Carrasco<\/span><br \/>\n        <br \/>\n        <a href=\"mailto:mcarrasco@akebia.com\" target=\"_blank\" rel=\"nofollow noopener\">mcarrasco@akebia.com<\/a><br \/>\n        <span>\u00a0<\/span>\n      <\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NE91153&amp;sd=2022-10-03\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-301639146.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-301639146.html<\/a><\/p>\n<p>SOURCE  Akebia Therapeutics<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NE91153&amp;Transmission_Id=202210031605PR_NEWS_USPR_____NE91153&amp;DateId=20221003\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire CAMBRIDGE, Mass. , Oct. 3, 2022 \/PRNewswire\/ &#8212; Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, granted four newly-hired employees options to purchase an aggregate of 50,000 shares of Akebia&#8217;s common stock on September 30, 2022, as inducements material to each such employee entering into employment with Akebia. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $0.32 per share, which is equal to the closing price of Akebia&#8217;s common stock on the grant date. Each stock option vests over four years, with 25% of the shares vesting on the first anniversary of the grant date &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-691436","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire CAMBRIDGE, Mass. , Oct. 3, 2022 \/PRNewswire\/ &#8212; Akebia Therapeutics, Inc. (Nasdaq: AKBA), a biopharmaceutical company with the purpose to better the lives of people impacted by kidney disease, granted four newly-hired employees options to purchase an aggregate of 50,000 shares of Akebia&#8217;s common stock on September 30, 2022, as inducements material to each such employee entering into employment with Akebia. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4). The options have an exercise price of $0.32 per share, which is equal to the closing price of Akebia&#8217;s common stock on the grant date. Each stock option vests over four years, with 25% of the shares vesting on the first anniversary of the grant date &hellip; Continue reading &quot;Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-03T20:09:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1136400\/Akebia_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)\",\"datePublished\":\"2022-10-03T20:09:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\\\/\"},\"wordCount\":255,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1136400\\\/Akebia_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/akebia-therapeutics-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-20\\\/\",\"name\":\"Akebia Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - 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