{"id":725085,"date":"2023-01-23T16:09:24","date_gmt":"2023-01-23T21:09:24","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"modified":"2023-01-23T16:09:24","modified_gmt":"2023-01-23T21:09:24","slug":"cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","title":{"rendered":"Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">ATLANTA, Jan.  23, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=rtOmOeP3I2Fvh8iC-Po3ud9gjAjwxV0ihZ4raflwYChIH2k4V44pN092DPjyf1wCwzEREuSCF-DFOXGAk6z44Q==\" rel=\"nofollow noopener\" target=\"_blank\">Cardlytics<\/a> (NASDAQ: CDLX), an advertising platform in banks\u2019 digital channels, today announced that Cardlytics\u2019 Board of Directors granted 350,000 restricted stock units of Cardlytics to Amit Gupta, Cardlytics\u2019 newly hired Chief Operating Officer. The foregoing restricted stock units were granted as a material inducement to employment with Cardlytics in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the Cardlytics 2022 Inducement Plan (the \u201c2022 Inducement Plan\u201d). 50% of the restricted stock units shall vest on the first anniversary of the grant date and the remaining 50% of the restricted stock units shall vest quarterly over the following year, subject to Gupta\u2019s continuous service with Cardlytics as of each respective vesting date. The restricted stock units are subject to the terms and conditions of the 2022 Inducement Plan.<\/p>\n<p>\n        <strong>About Cardlytics<\/strong>\n      <\/p>\n<p>Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in Palo Alto, Los Angeles, New York, and London. Learn more at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N4R-zCQDOw_03Bekmp41SIRFdbegyerU7OPxf2Zceb1SnbVDszKL0AxlyeqQyVZ_ejH3WlhzB-S_uZKlEa-ksA-Aw2HOpTE9tqZRap4bzG8=\" rel=\"nofollow noopener\" target=\"_blank\">www.cardlytics.com<\/a>.<\/p>\n<p>\n        <strong>Contacts:<\/strong>\n      <\/p>\n<p>Public Relations:<br \/>Robert Robinson<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EOeM4oW1p6FNjOZ0SWsyqnaVbp5UL0zDeEsjj-kCtkGgoBfJsn7Bui5wnDf0IhkU8kQ8GrXGa-gMUyXAdG3nbw==\" rel=\"nofollow noopener\" target=\"_blank\">pr@cardlytics.com<\/a>\u00a0<\/p>\n<p>Investor Relations:<br \/>Robert Robinson<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Dk3kDKjahkpnkW_7CN4fphLdg5iEMCAi6tuROaX_zE1B9NO-TDdriYxjokygjEWV4oBNNi-xaHUg0H0O2Wwc8w==\" rel=\"nofollow noopener\" target=\"_blank\">ir@cardlytics.com<\/a>\u00a0<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNDg2OSM1MzY5Nzg2IzIwMTY4Mzg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/Mzk4NjAyZDUtOGYxYi00ODQ5LThmOGItYWM0Njg0ZTFiZWUzLTEwMjg0MTE=\/tiny\/Cardlytics-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ATLANTA, Jan. 23, 2023 (GLOBE NEWSWIRE) &#8212; Cardlytics (NASDAQ: CDLX), an advertising platform in banks\u2019 digital channels, today announced that Cardlytics\u2019 Board of Directors granted 350,000 restricted stock units of Cardlytics to Amit Gupta, Cardlytics\u2019 newly hired Chief Operating Officer. The foregoing restricted stock units were granted as a material inducement to employment with Cardlytics in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the Cardlytics 2022 Inducement Plan (the \u201c2022 Inducement Plan\u201d). 50% of the restricted stock units shall vest on the first anniversary of the grant date and the remaining 50% of the restricted stock units shall vest quarterly over the following year, subject to Gupta\u2019s continuous service with Cardlytics as of each respective vesting date. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cardlytics Announces Inducement Grant 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-725085","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cardlytics Announces Inducement Grant 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\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATLANTA, Jan. 23, 2023 (GLOBE NEWSWIRE) &#8212; Cardlytics (NASDAQ: CDLX), an advertising platform in banks\u2019 digital channels, today announced that Cardlytics\u2019 Board of Directors granted 350,000 restricted stock units of Cardlytics to Amit Gupta, Cardlytics\u2019 newly hired Chief Operating Officer. The foregoing restricted stock units were granted as a material inducement to employment with Cardlytics in accordance with Nasdaq Listing Rule 5635(c)(4) and were granted under the Cardlytics 2022 Inducement Plan (the \u201c2022 Inducement Plan\u201d). 50% of the restricted stock units shall vest on the first anniversary of the grant date and the remaining 50% of the restricted stock units shall vest quarterly over the following year, subject to Gupta\u2019s continuous service with Cardlytics as of each respective vesting date. &hellip; Continue reading &quot;Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-23T21:09:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODczNDg2OSM1MzY5Nzg2IzIwMTY4Mzg=\" \/>\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\\\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)\",\"datePublished\":\"2023-01-23T21:09:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\"},\"wordCount\":245,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODczNDg2OSM1MzY5Nzg2IzIwMTY4Mzg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cardlytics-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\",\"name\":\"Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - 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