{"id":928269,"date":"2026-01-16T16:36:20","date_gmt":"2026-01-16T21:36:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"modified":"2026-01-16T16:36:20","modified_gmt":"2026-01-16T21:36:20","slug":"zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","title":{"rendered":"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">WALTHAM, Mass., Jan.  16, 2026  (GLOBE NEWSWIRE) &#8212; 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 January 15, 2026 (the \u201cGrant Date\u201d), the Compensation Committee of the Company\u2019s Board of Directors granted non-qualified stock options to purchase 100,000 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<p align=\"justify\">The Inducement Grant has a ten-year term and an exercise price per share of $19.93, 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 Zenas\u2019 2026 Inducement Plan and the applicable non-qualified stock option agreement.<\/p>\n<p align=\"left\">\n        <strong>About Zenas BioPharma, Inc.<br \/><\/strong>Zenas is a clinical-stage global biopharmaceutical company committed to becoming a leader in the development and commercialization of transformative therapies for patients living 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 is advancing two late-stage, potential franchise molecules, obexelimab and orelabrutinib. Obexelimab, Zenas\u2019 lead product candidate, 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. Orelabrutinib is a potentially best-in-class, highly selective CNS-penetrant, oral, small molecule BTK inhibitor. Orelabrutinib\u2019s mechanism of action targets pathogenic B cells not only in the periphery but also within the CNS. Additionally, it directly modulates macrophages and microglial cells in the CNS, with the potential to address compartmentalized inflammation and disease progression in MS. Zenas\u2019 earlier stage programs include ZB021, a preclinical, potentially best-in-class, oral, IL-17AA\/AF inhibitor, and ZB022, a preclinical, potentially best-in-class, oral, brain-penetrant, TYK2 inhibitor. For more information about Zenas BioPharma, please visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=XtZvXNYdWUwNdimUud97jZMtQtA_llPAc5U6bS0mNqLZUvoPCFWS4kvpO6CGqXKC5W_QaCCGBU_1XYqdrB-xi5xsTdhWfzrcXDuuIPd3WWJ-soDESYY7YJnp0dlZWgBEyM6TSb7S2G9Zkta1HX0chjlSxOJBAkbyJtH4yCdrfnMZHY64xyt5xksK6fbWX4rGqqcUD8nA8Bb6c04PSuG4jwBuKBryynlfSW4OEKUqHIna1Z8FIc3CIIAn6ebmNZ1EFSQscbFmYz_J25PVdixnzg==\" rel=\"nofollow\" target=\"_blank\">https:\/\/zenasbio.com\/<\/a>\u00a0and follow us on\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=jdoljmy4byY3FUoEa-3Uv9HtQHRJvIAD-7JVw_A-t7X0c-YdPmI4YnhxFDNm2FBFjQFaSGK2M4nYdMOoMUgjdzL-1EEL8bJyPdoUYgNY3u2B44F8BFjdVGUvAZSwPrPrYgAYVEwOOY462KZMv0Zz_uBZVlIVlkYOgwQSk0YjYXjPL1GBjQ7jx1-2YtqxiK8Q6CStdkU92DxfmOs5JLt05o14IZ6QLm3j0P3rxRF69zjyzbiDct1Czz24srJhvK-mN4QFm__PosrEyd8_y2SND5SnSGtxoVQqP4qLRYAE43EoPs8oETN4FmHZUxAqb-_4\" rel=\"nofollow\" target=\"_blank\">LinkedIn<\/a>.<\/p>\n<p>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<p>\n        <strong>Media Contact:<br \/><\/strong>Argot Partners<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=x9pJu4mpFtyZ2U0z_Ph-LHgRAo7Exkf9pZ0hqBdAkcPbEyAQ-v5UCCXAMl0-mNcSOgElBqr-yB5ugDTOwG3qKNXoeMyVCzI9XcCV9RuIwcg=\" rel=\"nofollow\" target=\"_blank\">Zenas@argotpartners.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNzMwOCM3MzY1OTA2IzIyMDc3OTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWFlZDU5MTAtMTIzYi00MmM0LWI3YzctMWY1MTM2ZjgxOWQ5LTEyMTkzNDgtMjAyNi0wMS0xNi1lbg==\/tiny\/Zenas-BioPharma-USA-LLC.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>WALTHAM, Mass., Jan. 16, 2026 (GLOBE NEWSWIRE) &#8212; 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 January 15, 2026 (the \u201cGrant Date\u201d), the Compensation Committee of the Company\u2019s Board of Directors granted non-qualified stock options to purchase 100,000 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 $19.93, which is equal to the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Zenas BioPharma 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-928269","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>Zenas 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-5635c4-2\/\" \/>\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., Jan. 16, 2026 (GLOBE NEWSWIRE) &#8212; 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 January 15, 2026 (the \u201cGrant Date\u201d), the Compensation Committee of the Company\u2019s Board of Directors granted non-qualified stock options to purchase 100,000 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 $19.93, which is equal to the &hellip; Continue reading &quot;Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-01-16T21:36:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNzMwOCM3MzY1OTA2IzIyMDc3OTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)\",\"datePublished\":\"2026-01-16T21:36:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\"},\"wordCount\":498,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTYyNzMwOCM3MzY1OTA2IzIyMDc3OTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\\\/\",\"name\":\"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - 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(\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 January 15, 2026 (the \u201cGrant Date\u201d), the Compensation Committee of the Company\u2019s Board of Directors granted non-qualified stock options to purchase 100,000 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 $19.93, which is equal to the &hellip; Continue reading \"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","og_site_name":"Market Newsdesk","article_published_time":"2026-01-16T21:36:20+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNzMwOCM3MzY1OTA2IzIyMDc3OTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)","datePublished":"2026-01-16T21:36:20+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/"},"wordCount":498,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTYyNzMwOCM3MzY1OTA2IzIyMDc3OTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/zenas-biopharma-announces-inducement-grant-under-nasdaq-listing-rule-5635c4-2\/","name":"Zenas BioPharma Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4) - 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