Karyopharm Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule
NEWTON, MA – July 1, 2025 – Karyopharm Therapeutics Inc. (NASDAQ: KPTI), a commercial-stage pharmaceutical company pioneering novel therapeutics for cancer and other diseases, today announced the issuance of stock options to newly hired employees, in accordance with Nasdaq Listing Rule 5635(c)(4). These grants represent an important component of Karyopharm’s strategy to attract and retain top talent, essential for the company’s continued growth and advancement of its promising pipeline.
Under the terms of Nasdaq Listing Rule 5635(c)(4), companies are permitted to grant equity awards to new employees as an inducement material to the individual’s entering into employment with the company. This practice ensures that Karyopharm can offer competitive compensation packages, aligning the interests of its new team members with the long-term success of the organization and its shareholders.
The grants are comprised of options to purchase shares of Karyopharm’s common stock. These options are subject to vesting schedules, typically over a period of several years, and are generally exercisable upon the achievement of certain milestones, reflecting a commitment to sustained performance and contribution. Specific details regarding the number of options granted, the exercise price, and the vesting schedules are provided in the company’s regulatory filings.
“We are delighted to welcome new, highly skilled professionals to the Karyopharm team,” said [Name and Title of relevant executive, if available in the original release, otherwise omit or use a generic placeholder like ‘a spokesperson for Karyopharm Therapeutics’]. “These inducement grants are a testament to our commitment to building a world-class organization dedicated to developing innovative treatments for patients in need. We believe that by investing in our employees, we are investing in the future of Karyopharm and our ability to deliver on our mission.”
The issuance of these options underscores Karyopharm’s ongoing dedication to fostering a culture of innovation and excellence. By attracting and retaining experienced talent, the company aims to accelerate its research and development efforts, optimize its commercial strategies, and ultimately bring life-changing therapies to patients facing serious illnesses. Investors and stakeholders can find further information regarding these inducement grants in the company’s Form 8-K filed with the U.S. Securities and Exchange Commission.
Karyopharm Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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