{"id":862381,"date":"2025-06-20T16:18:13","date_gmt":"2025-06-20T20:18:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/"},"modified":"2025-06-20T16:18:13","modified_gmt":"2025-06-20T20:18:13","slug":"zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/","title":{"rendered":"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"
\n

WALTHAM, Mass., June 20, 2025 (GLOBE NEWSWIRE) — Zenas BioPharma, Inc. (\u201cZenas\u201d or the \u201cCompany\u201d) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of therapies for autoimmune diseases, today announced that on June 16, 2025 (the \u201cGrant Date\u201d), the Compensation Committee of the Company\u2019s Board of Directors granted a non-qualified stock option to purchase 112,000 shares of the Company\u2019s common stock to a newly hired employee of the Company as an inducement material to such employee\u2019s entry into employment with the Company, in accordance with Nasdaq Listing Rule 5635(c)(4) (the \u201cInducement Grant\u201d).<\/p>\n

The Inducement Grant has a ten-year term and an exercise price per share of $9.97, which is equal to the closing price of Zenas\u2019 common stock on the Grant Date. The Inducement Grant will vest over a four-year period, with 25% of the shares vesting on the one-year anniversary of the employee\u2019s first day of employment with the Company, and thereafter the remainder of the option will vest in 36 equal monthly installments, subject to the employee\u2019s continued service with Zenas through the applicable vesting dates. The Inducement Grant was granted pursuant to, and is subject to, the terms and conditions of an Inducement Option Award Agreement.<\/p>\n

\n About Zenas BioPharma, Inc.
<\/strong>Zenas is a clinical-stage global biopharmaceutical company committed to becoming a leader in the development and commercialization of transformative therapies for patients with autoimmune diseases. Our core business strategy combines our experienced leadership team with a disciplined product candidate acquisition approach to identify, acquire and develop product candidates globally that we believe can provide superior clinical benefits to patients living with autoimmune diseases. Zenas\u2019 lead product candidate, obexelimab, is a bifunctional monoclonal antibody designed to bind both CD19 and Fc\u03b3RIIb, which are broadly present across B cell lineage, to inhibit the activity of cells that are implicated in many autoimmune diseases without depleting them. We believe that obexelimab\u2019s unique mechanism of action and self-administered, subcutaneous injection regimen may broadly and effectively address the pathogenic role of B cell lineage in chronic autoimmune disease. For more information about Zenas BioPharma, please visit\u00a0www.zenasbio.com<\/a>\u00a0and follow us on LinkedIn<\/a>.<\/p>\n

The Zenas BioPharma word mark, logo mark, and the \u201clightning bolt\u201d design are trademarks of Zenas BioPharma, Inc. or its affiliated companies. All rights reserved.<\/p>\n

\n Investor and Media Contact:
<\/strong>Argot Partners
Zenas@argotpartners.com<\/a><\/p>\n

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

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

WALTHAM, Mass., June 20, 2025 (GLOBE NEWSWIRE) — Zenas BioPharma, Inc. (\u201cZenas\u201d or the \u201cCompany\u201d) (Nasdaq: ZBIO), a clinical-stage global biopharmaceutical company committed to being a leader in the development and commercialization of therapies for autoimmune diseases, today announced that on June 16, 2025 (the \u201cGrant Date\u201d), the Compensation Committee of the Company\u2019s Board of Directors granted a non-qualified stock option to purchase 112,000 shares of the Company\u2019s common stock to a newly hired employee of the Company as an inducement material to such employee\u2019s entry into employment with the Company, in accordance with Nasdaq Listing Rule 5635(c)(4) (the \u201cInducement Grant\u201d). The Inducement Grant has a ten-year term and an exercise price per share of $9.97, which is equal to … <\/p>\n

Continue reading “Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)”<\/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-862381","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nZenas BioPharma 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\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WALTHAM, Mass., June 20, 2025 (GLOBE NEWSWIRE) — Zenas BioPharma, Inc. 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