Abeona Therapeutics® Announces New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Rhea-AI Summary

Abeona Therapeutics (Nasdaq: ABEO) announced on November 3, 2025 that its Compensation Committee granted inducement restricted stock awards to new non-executive employees under Nasdaq Listing Rule 5635(c)(4).

On October 31, 2025, Abeona granted awards to eleven new hires covering up to 71,035 restricted shares of common stock. The awards vest one-third each year on the anniversary of the grant and are fully vested on the third anniversary, subject to continued employment.

CLEVELAND, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Abeona Therapeutics Inc. (Nasdaq: ABEO) today announced it has granted equity awards to new non-executive employees who joined the Company. The equity awards were approved in accordance with Nasdaq Listing Rule 5635(c)(4).

On October 31, 2025, the Compensation Committee of Abeona’s Board of Directors granted restricted stock equity awards as a material inducement to employment to eleven individuals hired by Abeona, which equity awards relate to, in the aggregate, up to 71,035 restricted shares of Abeona common stock. One-third of the shares subject to such restricted stock awards will vest yearly on each anniversary of the Grant Date, such that the shares subject to such restricted stock awards granted to each employee will be fully vested on the third anniversary of the Grant Date, in each case, subject to each employee’s continued employment with Abeona on the applicable vesting dates.

About Abeona Therapeutics

Abeona Therapeutics Inc. is a commercial-stage biopharmaceutical company developing cell and gene therapies for serious diseases. Abeona’s ZEVASKYN^® (prademagene zamikeracel) is the first and only autologous cell-based gene therapy for the treatment of wounds in adults and pediatric patients with recessive dystrophic epidermolysis bullosa (RDEB). The Company’s fully integrated cell and gene therapy cGMP manufacturing facility in Cleveland, Ohio serves as the manufacturing site for ZEVASKYN commercial production. The Company’s development portfolio features adeno-associated virus (AAV)-based gene therapies for ophthalmic diseases with high unmet medical need. Abeona’s novel, next-generation AAV capsids are being evaluated for a variety of devastating diseases. For more information, visit www.abeonatherapeutics.com.

ZEVASKYN^®, Abeona Assist^TM, Abeona Therapeutics^®, and their related logos are trademarks of Abeona Therapeutics Inc.

Forward-Looking Statements
This press release contains certain statements that are forward-looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and that involve risks and uncertainties. We have attempted to identify forward-looking statements by such terminology as “may,” “will,” “believe,” “anticipate,” “expect,” “intend,” “potential,” and similar words and expressions (as well as other words or expressions referencing future events, conditions or circumstances), which constitute and are intended to identify forward-looking statements. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, numerous risks and uncertainties, including but not limited to, our ability to commercialize ZEVASKYN; the therapeutic potential of ZEVASKYN; whether the unmet need and market opportunity for ZEVASKYN are consistent with the Company’s expectations; continued interest in our rare disease portfolio; our ability to enroll patients in clinical trials; the outcome of future meetings with and inspections by the FDA or other regulatory agencies, including those relating to preclinical programs and to the cGMP manufacturing of ZEVASKYN; the ability to achieve or obtain necessary regulatory approvals for our pre-clinical programs; the impact of any changes in the financial markets and global economic conditions; risks associated with data analysis and reporting; and other risks disclosed in the Company’s most recent Annual Report on Form 10-K and subsequent periodic reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to revise these forward-looking statements or to update them to reflect events or circumstances occurring after the date of this press release, whether as a result of new information, future developments or otherwise, except as required by the federal securities laws.

Contacts:

Investor and Media
Greg Gin
VP, Investor Relations and Corporate Communications
Abeona Therapeutics
ir@abeonatherapeutics.com

Investor
Lee M. Stern
Meru Advisors
lstern@meruadvisors.com

FAQ

What did Abeona Therapeutics (ABEO) announce on November 3, 2025?

Abeona announced inducement restricted stock awards to new non-executive employees covering up to 71,035 shares, approved under Nasdaq Rule 5635(c)(4).

How many shares and employees were included in Abeona's October 31, 2025 grant?

The Compensation Committee granted awards to eleven new hires relating in the aggregate to up to 71,035 restricted shares.

What is the vesting schedule for the ABEO restricted stock awards granted October 31, 2025?

One-third of the shares vest each year on the anniversary of the grant, with full vesting on the third anniversary, subject to continued employment.

Why were the Abeona equity awards approved under Nasdaq Listing Rule 5635(c)(4)?

The awards were approved as material inducements to employment, which require approval under Nasdaq Listing Rule 5635(c)(4).

Will the ABEO inducement grants dilute existing shareholders immediately?

The grant covers up to 71,035 shares; any dilution depends on how many awards are ultimately issued and vested, and the company's total outstanding shares.

Who is eligible to receive the Abeona inducement restricted stock awards?

The awards were granted to new non-executive employees hired by Abeona and approved by the Compensation Committee.