{"id":885287,"date":"2025-09-10T17:12:05","date_gmt":"2025-09-10T21:12:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/avadel-announces-grant-of-inducement-awards-under-nasdaq-listing-rule-5635c4-19\/"},"modified":"2025-09-10T17:12:05","modified_gmt":"2025-09-10T21:12:05","slug":"avadel-announces-grant-of-inducement-awards-under-nasdaq-listing-rule-5635c4-19","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/avadel-announces-grant-of-inducement-awards-under-nasdaq-listing-rule-5635c4-19\/","title":{"rendered":"Avadel Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>DUBLIN, Sept.  10, 2025  (GLOBE NEWSWIRE) &#8212; Avadel Pharmaceuticals plc (Nasdaq: AVDL), a company focused on transforming medicines to transform lives, today announced that the Compensation Committee of Avadel\u2019s Board of Directors approved the grant of non-statutory options to five (5) new employees to purchase 165,520 ordinary shares under Avadel\u2019s 2021 Inducement Plan. The awards were granted as an inducement material to the employee\u2019s acceptance of employment with Avadel in accordance with Nasdaq Listing Rule 5635(c)(4). The options have a ten-year term and vest over four years, with 25% vesting on the one-year anniversary of each new employee\u2019s respective start date and 25% vesting on the second, third, and fourth anniversary thereafter. The options are subject to the terms and conditions of Avadel\u2019s 2021 Inducement Plan approved by the Board of Directors in November 2021 and the terms and conditions of award agreements covering the grants.<\/p>\n<p>\n        <strong>About\u00a0Avadel Pharmaceuticals plc<\/strong><\/p>\n<p>Avadel Pharmaceuticals plc (Nasdaq: AVDL) is a biopharmaceutical company focused on transforming medicines to transform lives. Our approach includes applying innovative solutions to the development of medications that address the challenges patients face with current treatment options. Avadel\u2019s commercial product, LUMRYZ\u2122, was approved by the U.S. Food &amp; Drug Administration (FDA) as the first and only once-at-bedtime oxybate for the treatment of cataplexy or excessive daytime sleepiness (EDS) in patients 7 years and older with narcolepsy. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Od7iySPu-iMTBMlr27yREljahcyZBLUzlQmkMkQGY6Gfk4bBvmExbio-7xdp6wVGTvtqvaTF4cC-Q9b9JXiZc6Nx1ManqQqMcy3UM3iAB_2imY3zEw1sBNQxRlDk7RqBBcLH_rad-7DY5odiD8f8RirMgRUxstD8B-uXWYMdqINcOFX8MOrUQtOZKOvVzfsICseG3L2W4xi7f5i3PTTRBsChZK3vwHX6Mu3sSy_CoZFJAmuUtCCLY0rfBfekVSNEzW2m5cLah5EKzKbj52O6-S8_afoXDsgDAXN6P8dtlPV_jXblEfcJI-Q7kMjltHRGF77HIYYOkamE8LwDeB0Ou0Ja64a_-Rw28eOdj10jPHGFbSSoeZJ7YBFG6HulVXVzn-cz2tXSfQklrun_lS-X83RMAhb6Ak4BipDxngbgB5p-QWr4TAle0AqWBWys5yYQWtvbpfpLo7t7qrqlKMRFHM2QrTQKfgQA3p-oRSyLmtpPPuun_9EE1EoCrTRBptnVTEwYGgILIWY7SYVghKPaPI9FWaVLzQgHT88DQujqoZFVmKJKPZ8JXxpKdli6f4T5iYwJsb3LAp0TxmI_SqVdVA==\" rel=\"nofollow\" target=\"_blank\"><u>www.avadel.com<\/u><\/a>.\u00a0<\/p>\n<p>\n        <strong>Investor Contact:<\/strong><br \/>\n        <br \/>Austin Murtagh<br \/>Precision AQ<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=CXREFOjEdKzxIb5jChDqwMIcVxfHajGH3HNjzZ7EkVa8M03SvD8JlixaETw2LNSzqqXRMWp4GSejJYsukm7061K6aLpmu6vHg1wTWrIrNXb5rzoQlGCyUEE3OGqX43tA\" rel=\"nofollow\" target=\"_blank\">Austin.Murtagh@precisionAQ.com<\/a>\u00a0\u00a0\u00a0 <br \/>(212) 698-8696<\/p>\n<p>\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Lesley Stanley<br \/>Real Chemistry<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=HiD-67Kjk3waMUiLt2XwQnOwTfmPnRb_PikHWqzFUyH2OlVYQZU23wfaxUjyL1t_YlgFKAKczgQ3AcSXx3d4Vnrjjc9jM7pXr1pPyrlOruxT4Ka9NMPJy7BCtktBR--q\" rel=\"nofollow\" target=\"_blank\">lestanley@realchemistry.com<\/a>\u00a0<br \/>(609) 273-3162<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUyNjI2NiM3MTM5MTA4IzIwOTA5NTM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/M2Y3NmU0NTYtZTBlMC00ODAyLWI0ZmEtNmQ3ZDJhNDY1NDQ2LTExMDI1MjQtMjAyNS0wOS0xMC1lbg==\/tiny\/Avadel-Pharmaceuticals-plc.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>DUBLIN, Sept. 10, 2025 (GLOBE NEWSWIRE) &#8212; Avadel Pharmaceuticals plc (Nasdaq: AVDL), a company focused on transforming medicines to transform lives, today announced that the Compensation Committee of Avadel\u2019s Board of Directors approved the grant of non-statutory options to five (5) new employees to purchase 165,520 ordinary shares under Avadel\u2019s 2021 Inducement Plan. The awards were granted as an inducement material to the employee\u2019s acceptance of employment with Avadel in accordance with Nasdaq Listing Rule 5635(c)(4). The options have a ten-year term and vest over four years, with 25% vesting on the one-year anniversary of each new employee\u2019s respective start date and 25% vesting on the second, third, and fourth anniversary thereafter. The options are subject to the terms and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/avadel-announces-grant-of-inducement-awards-under-nasdaq-listing-rule-5635c4-19\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Avadel Announces Grant of Inducement Awards 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-885287","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>Avadel Announces Grant of Inducement Awards 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\/avadel-announces-grant-of-inducement-awards-under-nasdaq-listing-rule-5635c4-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Avadel Announces Grant of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"DUBLIN, Sept. 10, 2025 (GLOBE NEWSWIRE) &#8212; Avadel Pharmaceuticals plc (Nasdaq: AVDL), a company focused on transforming medicines to transform lives, today announced that the Compensation Committee of Avadel\u2019s Board of Directors approved the grant of non-statutory options to five (5) new employees to purchase 165,520 ordinary shares under Avadel\u2019s 2021 Inducement Plan. The awards were granted as an inducement material to the employee\u2019s acceptance of employment with Avadel in accordance with Nasdaq Listing Rule 5635(c)(4). The options have a ten-year term and vest over four years, with 25% vesting on the one-year anniversary of each new employee\u2019s respective start date and 25% vesting on the second, third, and fourth anniversary thereafter. 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