AEON Biopharma Reports Inducement Grants Under NYSE American LLC Company Guide Section 711

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AEON Biopharma (NYSE: AEON), a clinical-stage biopharmaceutical company developing botulinum toxin treatments, has granted 102,880 restricted stock units (RSUs) to newly hired non-executive employees. The RSUs were approved under the AEON 2025 Inducement Incentive Plan, with a grant and vesting commencement date of May 21, 2025. The RSUs will vest over a four-year period, with 25% vesting annually. These awards serve as employment inducements and comply with Section 711 of NYSE American LLC Company Guide.

05/23/2025 - 04:05 PM

IRVINE, Calif., May 23, 2025 (GLOBE NEWSWIRE) -- AEON Biopharma, Inc. (“AEON” or the “Company”) (NYSE: AEON), a clinical-stage biopharmaceutical company focused on developing a botulinum toxin complex for the treatment of multiple therapeutic indications, today reported the grant in May of 102,880 restricted stock units (RSUs) of the Company’s common stock to newly hired non-executive employees of the company. The awards were approved by the Company’s Board of Directors under the AEON 2025 Inducement Incentive Plan, which a grant date and vesting commencement date of May 21, 2025.

The RSUs vest over four years, 25% on each annual anniversary of the vesting commencement date. The awards are subject to the terms and conditions of the Inducement Plan and the terms and conditions of the RSU agreement covering the grant. The awards are being granted as an inducement material to entering into employment with the Company in accordance with Section 711 of NYSE American LLC Company Guide.

About AEON Biopharma

AEON is a clinical stage biopharmaceutical company focused on developing its proprietary botulinum toxin complex, ABP-450 (prabotulinumtoxinA) injection, or ABP-450, for debilitating medical conditions, with an initial focus on the neurosciences market. ABP-450 is the same botulinum toxin complex that is currently approved and marketed for cosmetic indications by Evolus under the name Jeuveau. ABP-450 is manufactured by Daewoong in compliance with current Good Manufacturing Practice, or cGMP, in a facility that has been approved by the U.S. Food and Drug Administration, Health Canada and European Medicines Agency. The product is approved as a biosimilar in Mexico and India. AEON has exclusive development and distribution rights for therapeutic indications of ABP-450 in the United States, Canada, the European Union, the United Kingdom, and certain other international territories. The Company has built a highly experienced management team with specific experience in biopharmaceutical and botulinum toxin development and commercialization. To learn more about AEON, visit www.aeonbiopharma.com.

Contacts

Investor Contact:
Corey Davis, Ph.D.
LifeSci Advisors
+1 212 915 2577
cdavis@lifesciadvisors.com

Source: AEON Biopharma

FAQ

What type of stock compensation did AEON Biopharma (AEON) grant to new employees in May 2025?

AEON Biopharma granted 102,880 restricted stock units (RSUs) to newly hired non-executive employees under the AEON 2025 Inducement Incentive Plan.

What is the vesting schedule for AEON Biopharma's May 2025 RSU grants?

The RSUs vest over four years, with 25% vesting on each annual anniversary of the May 21, 2025 vesting commencement date.

Why did AEON Biopharma issue these RSUs in May 2025?

The RSUs were granted as inducement awards to attract new non-executive employees to join the company, in accordance with Section 711 of NYSE American LLC Company Guide.