Airgain® Reports Granting of Inducement Awards Under Nasdaq Listing Rule 5635(c)(4)
The awards were made on January 15, 2025, under Airgain’s 2021 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Airgain as an inducement to join the company. The inducement awards to the new employee consist of 7,238 restricted stock units (“RSUs”).
The RSUs shall vest over four years in substantially equal annual installments on March 15, 2026, 2027, 2028, and 2029, subject to the employee's continued services with the Company.
The awards were approved by the Compensation Committee of Airgain’s Board of Directors, as required by Nasdaq Rule 5635(c)(4), and were granted as an inducement material to the new employee entering into employment with Airgain in accordance with Nasdaq Rule 5635(c)(4).
About Airgain, Inc.
Airgain is a premier provider of wireless connectivity solutions, offering a range of embedded components, external antennas, and integrated systems worldwide. We streamline wireless connectivity across devices and markets with a focus on solving complex connectivity challenges, expediting time to market, and optimizing wireless signals. Our mission is to connect the world through optimized, integrated wireless solutions. Our product portfolio focuses on three key markets: enterprise, consumer, and automotive. Airgain is headquartered in
Airgain and the Airgain logo are trademarks, or registered trademarks of Airgain, Inc. All other trademarks are the property of their respective owner.
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Airgain Investor Contact
Matt Glover
Gateway Group, Inc.
+1 (949) 574 3860
AIRG@gateway-grp.com
Source: Airgain, Inc.
