{"id":828245,"date":"2025-03-20T16:09:44","date_gmt":"2025-03-20T20:09:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/genedx-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/"},"modified":"2025-03-20T16:09:44","modified_gmt":"2025-03-20T20:09:44","slug":"genedx-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genedx-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/","title":{"rendered":"GeneDx Reports Inducement Grants 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>GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)<\/b><\/p>\n<p>GAITHERSBURG, Md.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nGeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today announced that, effective as of March 15, 2025, the compensation committee of GeneDx\u2019s board of directors granted 46,340 restricted stock units (\u201cRSUs\u201d) to ten newly-hired employees as inducements material to each employee entering into employment with GeneDx. The RSUs were granted under GeneDx\u2019s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).\n<\/p>\n<p>\nThe RSUs will vest in equal annual installments over a four-year period, subject to the employee\u2019s continued service with GeneDx on each applicable vesting date. Each RSU represents a contingent right to receive 1 share of the Issuer&#8217;s Class A Common Stock upon settlement.\n<\/p>\n<p>\nAbout GeneDx\n<\/p>\n<p>\nAt GeneDx (Nasdaq: WGS), we believe that everyone deserves personalized, targeted medical care\u2014and that it all begins with a genetic diagnosis. Fueled by one of the world\u2019s largest rare disease data sets, our industry-leading exome and genome tests translate complex genomic data into clinical answers that unlock personalized health plans, accelerate drug discovery, and improve health system efficiencies. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fgenedx.com%2F&amp;esheet=54226999&amp;newsitemid=20250320830225&amp;lan=en-US&amp;anchor=genedx.com&amp;index=1&amp;md5=da9549121df8328442625a632780e87b\">genedx.com<\/a> and connect with us on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgenedx%2F&amp;esheet=54226999&amp;newsitemid=20250320830225&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=5d502b8bbaa13fe4bd70676a7752abfa\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.twitter.com%2Fgenedx&amp;esheet=54226999&amp;newsitemid=20250320830225&amp;lan=en-US&amp;anchor=X&amp;index=3&amp;md5=3dfe2a7a412948644df672626be48128\">X<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2FGeneDxLab&amp;esheet=54226999&amp;newsitemid=20250320830225&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=42b0eaf69d30695770cc9e408ef0e41f\">Facebook<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fgenedxlab%2F&amp;esheet=54226999&amp;newsitemid=20250320830225&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=1d419395d4bdb293d8981f1262fdc50e\">Instagram<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250320830225r1&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\/20250320830225\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250320830225\/en\/<\/a><\/span><\/p>\n<p>\nInvestor Relations:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Investors@GeneDx.com\">Investors@GeneDx.com<\/a><\/p>\n<p>\nMedia:<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@GeneDx.com\">Press@GeneDx.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Maryland<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Health Medical Devices Genetics Managed Care General Health Pharmaceutical Biotechnology<\/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\/20250320830225\/en\/2177259\/3\/IR_Logo.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>GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) GAITHERSBURG, Md.&#8211;(BUSINESS WIRE)&#8211; GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today announced that, effective as of March 15, 2025, the compensation committee of GeneDx\u2019s board of directors granted 46,340 restricted stock units (\u201cRSUs\u201d) to ten newly-hired employees as inducements material to each employee entering into employment with GeneDx. The RSUs were granted under GeneDx\u2019s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest in equal annual installments over a four-year period, subject to the employee\u2019s continued service with GeneDx on each applicable vesting date. Each RSU represents a contingent right to receive 1 share of the Issuer&#8217;s Class &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genedx-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GeneDx 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-828245","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GeneDx 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\/genedx-reports-inducement-grants-under-nasdaq-listing-rule-5635c4-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"GeneDx Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) GAITHERSBURG, Md.&#8211;(BUSINESS WIRE)&#8211; GeneDx (Nasdaq: WGS), a leader in delivering improved health outcomes through genomic insights, today announced that, effective as of March 15, 2025, the compensation committee of GeneDx\u2019s board of directors granted 46,340 restricted stock units (\u201cRSUs\u201d) to ten newly-hired employees as inducements material to each employee entering into employment with GeneDx. The RSUs were granted under GeneDx\u2019s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest in equal annual installments over a four-year period, subject to the employee\u2019s continued service with GeneDx on each applicable vesting date. 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The RSUs were granted under GeneDx\u2019s 2023 Equity Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest in equal annual installments over a four-year period, subject to the employee\u2019s continued service with GeneDx on each applicable vesting date. 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