{"id":823229,"date":"2025-03-07T16:11:32","date_gmt":"2025-03-07T21:11:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/codexis-announces-new-employment-inducement-grants-9\/"},"modified":"2025-03-07T16:11:32","modified_gmt":"2025-03-07T21:11:32","slug":"codexis-announces-new-employment-inducement-grants-9","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/codexis-announces-new-employment-inducement-grants-9\/","title":{"rendered":"Codexis Announces New Employment Inducement Grants"},"content":{"rendered":"
\n

REDWOOD CITY, Calif., March 07, 2025 (GLOBE NEWSWIRE) — Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced the approval of equity grants to two new employees as approved by the Compensation Committee of Codexis\u2019 Board of Directors. The newly hired employees received equity awards consisting of an aggregate of (i) options to purchase 10,000 shares of Codexis common stock and (ii) 5,000 restricted stock units (RSUs) as inducement awards under the Company\u2019s 2024 Inducement Plan.<\/p>\n

The stock options have an exercise price equal to the closing price per share of Codexis\u2019 common stock as reported by Nasdaq on the grant date, and vest over four years, with 25 percent of the shares vesting on the first anniversary of the vesting commencement date, and the remainder vesting ratably at the end of each subsequent month thereafter, subject to each employee\u2019s continued service with Codexis through the applicable vesting dates. The RSUs will vest in equal annual installments on each anniversary of the grant date, until the third anniversary of such date, subject to each employee\u2019s continued service with Codexis through the applicable vesting dates.<\/p>\n

Codexis is providing this information in accordance with Nasdaq Listing Rule 5635(c)4.<\/p>\n

\n About Codexis<\/strong>\n <\/p>\n

Codexis is a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, leveraging its proprietary CodeEvolver\u00ae<\/sup>\u00a0technology platform to discover, develop and enhance novel, high-performance enzymes. Codexis enzymes solve for real-world challenges associated with small molecule and nucleic acid therapeutics manufacturing. The Company is currently developing its proprietary ECO Synthesis\u2122 manufacturing platform to enable the scaled manufacture of RNAi therapeutics through an enzymatic route. Codexis\u2019 unique enzymes can drive improvements such as higher yields, reduced energy usage and waste generation, improved efficiency in manufacturing and greater sensitivity in genomic and diagnostic applications. For more information, visit\u00a0www.codexis.com<\/a>.<\/p>\n

\n For More Information<\/strong>\n <\/p>\n

Carrie McKim
(336) 608-9706
ir@codexis.com<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

REDWOOD CITY, Calif., March 07, 2025 (GLOBE NEWSWIRE) — Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic solutions for efficient and scalable therapeutics manufacturing, today announced the approval of equity grants to two new employees as approved by the Compensation Committee of Codexis\u2019 Board of Directors. The newly hired employees received equity awards consisting of an aggregate of (i) options to purchase 10,000 shares of Codexis common stock and (ii) 5,000 restricted stock units (RSUs) as inducement awards under the Company\u2019s 2024 Inducement Plan. The stock options have an exercise price equal to the closing price per share of Codexis\u2019 common stock as reported by Nasdaq on the grant date, and vest over four years, with 25 percent of … <\/p>\n

Continue reading “Codexis Announces New Employment Inducement Grants”<\/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-823229","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCodexis Announces New Employment Inducement Grants - 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\/codexis-announces-new-employment-inducement-grants-9\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Codexis Announces New Employment Inducement Grants - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"REDWOOD CITY, Calif., March 07, 2025 (GLOBE NEWSWIRE) — Codexis, Inc. 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