{"id":795721,"date":"2024-12-18T08:03:13","date_gmt":"2024-12-18T13:03:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-si-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"modified":"2024-12-18T08:03:13","modified_gmt":"2024-12-18T13:03:13","slug":"quantum-si-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-si-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","title":{"rendered":"Quantum-Si Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Quantum-Si Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)<\/b><\/p>\n<p>BRANFORD, Conn.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.quantum-si.com%2F&amp;esheet=54168405&amp;newsitemid=20241218018529&amp;lan=en-US&amp;anchor=Quantum-Si+Incorporated&amp;index=1&amp;md5=d4e723f48bb57fd479fd4038cb6c0638\">Quantum-Si Incorporated<\/a> (Nasdaq: QSI) (\u201cQuantum-Si,\u201d \u201cQSI\u201d or the \u201cCompany\u201d), The Protein Sequencing Company<sup>\u2122<\/sup>, today announced that the Compensation Committee of Quantum-Si\u2019s Board of Directors has granted 46,666 restricted stock units (\u201cRSUs\u201d) to new employees under the Company\u2019s previously adopted Quantum-Si Incorporated 2023 Inducement Equity Incentive Plan, as amended (the \u201c2023 Inducement Plan\u201d). The RSUs were granted as an inducement material to the new employees becoming an employee of Quantum-Si in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n<p>\nThe 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Quantum-Si (or following a bona fide period of non-employment), as an inducement material to such individuals\u2019 entering into employment with Quantum-Si, pursuant to Rule 5635(c)(4) of the Nasdaq Listing Rules.<\/p>\n<p>\nThe RSUs will vest 25% on December 20, 2025, with the remainder vesting in 12 equal quarterly installments thereafter, subject to the employee\u2019s continued employment with Quantum-Si on such vesting dates. The RSUs are subject to the terms and conditions of the 2023 Inducement Plan and an RSU agreement covering the grant.<\/p>\n<p><b>About Quantum-Si Incorporated<\/b><\/p>\n<p>\nQuantum-Si, The Protein Sequencing Company\u2122, is focused on revolutionizing the growing field of proteomics. The Company\u2019s Platinum<sup>\u00ae<\/sup> instrument enables Next-Gen Protein Sequencing\u2122 that advances proteomic research, drug discovery, and diagnostics beyond what has been possible with existing proteomic tools. Learn more at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.quantum-si.com&amp;esheet=54168405&amp;newsitemid=20241218018529&amp;lan=en-US&amp;anchor=quantum-si.com&amp;index=2&amp;md5=b51efb83b7f2d94f6baae96bb6acd6e4\">quantum-si.com<\/a> or follow us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fquantum-si&amp;esheet=54168405&amp;newsitemid=20241218018529&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=3&amp;md5=81a1f00d9e4d1cba78908acb40f46051\">LinkedIn<\/a> or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fquantum_si&amp;esheet=54168405&amp;newsitemid=20241218018529&amp;lan=en-US&amp;anchor=X&amp;index=4&amp;md5=70af54c84bd10bf93e1f71d9197caf64\">X<\/a>.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis press release includes \u201cforward-looking statements\u201d within the meaning of the \u201csafe harbor\u201d provisions of the United States Private Securities Litigation Reform Act of 1995. The actual results of the Company may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as \u201cexpect,\u201d \u201cestimate,\u201d \u201cproject,\u201d \u201cbudget,\u201d \u201cforecast,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cshould,\u201d \u201cbelieves,\u201d \u201cpredicts,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company\u2019s expectations with respect to future performance and development and commercialization of products and services. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside the Company\u2019s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the inability to maintain the listing of the Company\u2019s Class A common stock on The Nasdaq Stock Market; the ability of the Company to grow and manage growth profitably and retain its key employees; the Company\u2019s ongoing leadership transitions; changes in applicable laws or regulations; the ability of the Company to raise financing in the future; the success, cost and timing of the Company\u2019s product development and commercialization activities; the commercialization and adoption of the Company\u2019s existing products and the success of any product the Company may offer in the future; the potential attributes and benefits of the Company\u2019s commercialized Platinum\u00ae protein sequencing instrument and kits and the Company\u2019s other products once commercialized; the Company\u2019s ability to obtain and maintain regulatory approval for its products, and any related restrictions and limitations of any approved product; the Company\u2019s ability to identify, in-license or acquire additional technology; the Company\u2019s ability to maintain its existing lease, license, manufacture and supply agreements; the Company\u2019s ability to compete with other companies currently marketing or engaged in the development or commercialization of products and services that serve customers engaged in proteomic analysis, many of which have greater financial and marketing resources than the Company; the size and growth potential of the markets for the Company\u2019s products and services, and its ability to serve those markets once commercialized, either alone or in partnership with others; the Company\u2019s estimates regarding future expenses, future revenue, capital requirements and needs for additional financing; the Company\u2019s financial performance; and other risks and uncertainties described under \u201cRisk Factors\u201d in the Company\u2019s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and in the Company\u2019s other filings with the SEC. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20241218018529r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20241218018529\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20241218018529\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/>Jeff Keyes<br \/>\n<br \/>Chief Financial Officer<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@quantum-si.com\">ir@quantum-si.com<br \/>\n<\/a><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Katherine Atkinson<br \/>\n<br \/>SVP, Commercial Marketing<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:media@quantum-si.com\">media@quantum-si.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Connecticut United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Research Genetics Clinical Trials Other Health Biotechnology Pharmaceutical Health Science Oncology Other Science<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20241218018529\/en\/2019726\/3\/QSI_LOGO_WORDMARK_BLUE.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Quantum-Si Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) BRANFORD, Conn.&#8211;(BUSINESS WIRE)&#8211;Quantum-Si Incorporated (Nasdaq: QSI) (\u201cQuantum-Si,\u201d \u201cQSI\u201d or the \u201cCompany\u201d), The Protein Sequencing Company\u2122, today announced that the Compensation Committee of Quantum-Si\u2019s Board of Directors has granted 46,666 restricted stock units (\u201cRSUs\u201d) to new employees under the Company\u2019s previously adopted Quantum-Si Incorporated 2023 Inducement Equity Incentive Plan, as amended (the \u201c2023 Inducement Plan\u201d). The RSUs were granted as an inducement material to the new employees becoming an employee of Quantum-Si in accordance with Nasdaq Listing Rule 5635(c)(4). The 2023 Inducement Plan is used exclusively for the grant of equity awards to individuals who were not previously employees of Quantum-Si (or following a bona fide period of non-employment), as an inducement &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantum-si-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Quantum-Si 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-795721","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Quantum-Si 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\/quantum-si-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=\"Quantum-Si Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Quantum-Si Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) BRANFORD, Conn.&#8211;(BUSINESS WIRE)&#8211;Quantum-Si Incorporated (Nasdaq: QSI) (\u201cQuantum-Si,\u201d \u201cQSI\u201d or the \u201cCompany\u201d), The Protein Sequencing Company\u2122, today announced that the Compensation Committee of Quantum-Si\u2019s Board of Directors has granted 46,666 restricted stock units (\u201cRSUs\u201d) to new employees under the Company\u2019s previously adopted Quantum-Si Incorporated 2023 Inducement Equity Incentive Plan, as amended (the \u201c2023 Inducement Plan\u201d). The RSUs were granted as an inducement material to the new employees becoming an employee of Quantum-Si in accordance with Nasdaq Listing Rule 5635(c)(4). 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The RSUs were granted as an inducement material to the new employees becoming an employee of Quantum-Si in accordance with Nasdaq Listing Rule 5635(c)(4). 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