{"id":952611,"date":"2026-04-17T16:35:32","date_gmt":"2026-04-17T20:35:32","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/"},"modified":"2026-04-17T16:35:32","modified_gmt":"2026-04-17T20:35:32","slug":"alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/","title":{"rendered":"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules"},"content":{"rendered":"<div class=\"mw_release\">\n<p>SOUTH SAN FRANCISCO, Calif., April  17, 2026  (GLOBE NEWSWIRE) &#8212; ALX Oncology Holdings Inc. (\u201cALX Oncology,\u201d Nasdaq: ALXO), a clinical-stage biotechnology company advancing a pipeline of novel therapies designed to treat cancer and extend patients\u2019 lives, announced that the Compensation Committee of the Board of Directors of ALX Oncology approved the granting of an inducement stock option to purchase a total of 800,000 shares of ALX Oncology\u2019s common stock to Jeff Knight, M.P.H., Chief Development and Operating Officer, on April 16, 2026 in connection with the commencement of his employment. Mr. Knight\u2019s inducement stock option is subject to the terms of the ALX Oncology Holdings Inc. 2025 Inducement Equity Incentive Plan and related forms of agreements, and was granted as an inducement material to Mr. Knight to enter into employment with ALX Oncology in accordance with Nasdaq Listing Rule 5635(c)(4).<\/p>\n<p>The inducement stock option has an exercise price of $1.68 per share, which is equal to the closing price of a share of ALX Oncology common stock on the grant date, and vests as follows: 25% of the shares subject to such inducement stock option vests on the one year anniversary of April 13, 2026 and an additional one forty-eighth of the shares subject to such inducement stock option vests monthly thereafter, subject to the employee\u2019s continued service.<\/p>\n<p>\n        <strong>About ALX Oncology<\/strong><br \/>\n        <br \/>ALX Oncology (Nasdaq: ALXO) is a clinical-stage biotechnology company advancing a pipeline of novel therapies designed to treat cancer and extend patients\u2019 lives. ALX Oncology\u2019s lead therapeutic candidate, evorpacept, has demonstrated potential to serve as a cornerstone therapy upon which the future of immuno-oncology can be built. Evorpacept is currently being evaluated across multiple ongoing clinical trials in a wide range of cancer indications. ALX Oncology\u2019s second pipeline candidate, ALX2004, is a novel EGFR-targeted antibody-drug conjugate with a differentiated mechanism of action. A Phase 1, dose-escalation trial of ALX2004 is ongoing in patients with EGFR-expressing solid tumors. More information is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=lZvsP7wmmcJkghGX-ts5MHUQicZeAxwXU0lxhno3xFXjTp-u02fjgAJo169jiyOh9WpgrSZ_84pmbYZyCdGxps7nloQ_9Fh0gXBCGZRKe7U=\" rel=\"nofollow\" target=\"_blank\">www.alxoncology.com<\/a> and on LinkedIn @<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aP-NRDsYPQeA4rYsVguxsXtLeXE5akvT3DfhcBKsEcGl1niWv2pcMRmDg78gnuMtUqgPbjew8KO9yGUqq6Bw-J4fziRA0aWpE3mHYGY-nqo0yLvK9ykmabGsKx8ddLGA\" rel=\"nofollow\" target=\"_blank\">ALX Oncology<\/a>.<\/p>\n<p>\n        <strong>Investor Relations Contact: <\/strong><br \/>\n        <br \/>Elhan Webb, CFA, IR Consultant<br \/>ewebb@alxoncology.com<\/p>\n<p>\n        <strong>Media Contact:<\/strong><br \/>\n        <br \/>Michele Parisi, SparkPoint Healthcare Communications<br \/>mparisi@sparkpointpr.com<br \/>(925) 864-5028<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTc5MiM3NTQwOTAwIzIxOTI4NjM=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NzNiMWI5YjAtOTgzMy00YzNkLTgzZDUtMDRlYjA1M2Y4NWJjLTEyMDQ0MTYtMjAyNi0wNC0xNy1lbg==\/tiny\/ALX-Oncology.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOUTH SAN FRANCISCO, Calif., April 17, 2026 (GLOBE NEWSWIRE) &#8212; ALX Oncology Holdings Inc. (\u201cALX Oncology,\u201d Nasdaq: ALXO), a clinical-stage biotechnology company advancing a pipeline of novel therapies designed to treat cancer and extend patients\u2019 lives, announced that the Compensation Committee of the Board of Directors of ALX Oncology approved the granting of an inducement stock option to purchase a total of 800,000 shares of ALX Oncology\u2019s common stock to Jeff Knight, M.P.H., Chief Development and Operating Officer, on April 16, 2026 in connection with the commencement of his employment. Mr. Knight\u2019s inducement stock option is subject to the terms of the ALX Oncology Holdings Inc. 2025 Inducement Equity Incentive Plan and related forms of agreements, and was granted as &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules&#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-952611","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>ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules - 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\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SOUTH SAN FRANCISCO, Calif., April 17, 2026 (GLOBE NEWSWIRE) &#8212; ALX Oncology Holdings Inc. (\u201cALX Oncology,\u201d Nasdaq: ALXO), a clinical-stage biotechnology company advancing a pipeline of novel therapies designed to treat cancer and extend patients\u2019 lives, announced that the Compensation Committee of the Board of Directors of ALX Oncology approved the granting of an inducement stock option to purchase a total of 800,000 shares of ALX Oncology\u2019s common stock to Jeff Knight, M.P.H., Chief Development and Operating Officer, on April 16, 2026 in connection with the commencement of his employment. Mr. Knight\u2019s inducement stock option is subject to the terms of the ALX Oncology Holdings Inc. 2025 Inducement Equity Incentive Plan and related forms of agreements, and was granted as &hellip; Continue reading &quot;ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-17T20:35:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTc5MiM3NTQwOTAwIzIxOTI4NjM=\" \/>\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\\\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules\",\"datePublished\":\"2026-04-17T20:35:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\\\/\"},\"wordCount\":359,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY5MTc5MiM3NTQwOTAwIzIxOTI4NjM=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\\\/\",\"name\":\"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules - 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Mr. Knight\u2019s inducement stock option is subject to the terms of the ALX Oncology Holdings Inc. 2025 Inducement Equity Incentive Plan and related forms of agreements, and was granted as &hellip; Continue reading \"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-17T20:35:32+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTc5MiM3NTQwOTAwIzIxOTI4NjM=","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\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules","datePublished":"2026-04-17T20:35:32+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/"},"wordCount":359,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTc5MiM3NTQwOTAwIzIxOTI4NjM=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/alx-oncology-reports-inducement-grant-as-permitted-by-the-nasdaq-listing-rules-2\/","name":"ALX Oncology Reports Inducement Grant as permitted by the Nasdaq Listing Rules - 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