Calidi Biotherapeutics Reports Inducement Grant Under NYSE American LLC Company Guide Section 711
Calidi Biotherapeutics (NYSE American: CLDI) granted an inducement non-qualified stock option to new VP Finance, Controller, Sandra Gurrola.
Rhea-AI Summary
Calidi Biotherapeutics (NYSE American: CLDI) granted an inducement non-qualified stock option to new VP Finance, Controller, Sandra Gurrola. The option covers 100,000 shares at an exercise price of $0.15, the July 6, 2026 closing price, and vests over four years under NYSE American Section 711.
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Details
Market reaction after leadership change inducement grant: CLDI +5.35% in the Jul 9 session
In the Jul 9 session, CLDI gained 5.35%, reflecting a notable positive market reaction. Argus tracked a peak move of +8.6% during that session. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Inducement option size
- 100,000 shares
- Non-qualified stock option grant to VP Finance, Controller
- Option exercise price
- $0.15
- Exercise price equal to July 6, 2026 closing price
- Grant date
- July 6, 2026
- Date of inducement stock option grant
- Vesting period
- 4 years
- Stock options vest over four years
- Initial vesting tranche
- 25%
- Vests on one-year anniversary, July 6, 2027
- Final vesting date
- July 6, 2030
- Remaining options vest in equal monthly installments until this date
Historical Context
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New data presented on CLD-501 and RedTail virotherapy platform at industry summit.
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Appointment of experienced biopharma executive Corsee Sanders, Ph.D., to board.
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Positive pre-IND FDA feedback for CLD-401 and alignment on trial design.
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Announcement of investor webinar covering RedTail platform, CLD-401 data, and milestones.
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Online abstract acceptances at 2026 ASCO for RedTail programs CLD-401 and CLD-501.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
non-qualified stock option financial
exercise price financial
stock option agreement financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN DIEGO, July 08, 2026 (GLOBE NEWSWIRE) -- Calidi Biotherapeutics Inc. (NYSE American: CLDI) (“Calidi”), a biotechnology company pioneering the development of targeted genetic medicine, today announced that in connection with the appointment of Sandra Gurrola as VP Finance, Controller, the Company’s Compensation Committee and the Board of Directors has approved the grant of an inducement non-qualified stock option for Ms. Gurrola for the purchase of 100,000 shares with an exercise price of
The Stock Options vest over four years with
About Calidi Biotherapeutics
Calidi Biotherapeutics (NYSE American: CLDI) is a biotechnology company pioneering the development of targeted therapies with the potential to deliver genetic medicines to distal sites of disease. The company’s proprietary RedTail platform features an engineered enveloped oncolytic virus designed for systemic delivery and targeting of metastatic sites. This advanced enveloped technology is intended to shield the virus from immune clearance, allowing virotherapy to effectively reach tumor sites, induce tumor lysis, and deliver potent genetic medicine(s) to metastatic locations.
CLD-401, the lead candidate from the RedTail platform, currently in IND-enabling studies, targets non-small cell lung cancer, head and neck cancer, and other tumor types with high unmet medical need. Calidi continues to advance its pipeline utilizing the RedTail platform including its novel approach to incorporate in situ T-cell engagers in solid tumors.
Calidi Biotherapeutics is headquartered in San Diego, California. For more information, please visit www.calidibio.com or view Calidi’s Corporate Presentation here.
Forward-Looking Statements
This press release may contain forward-looking statements for purposes of the “safe harbor” provisions under the United States Private Securities Litigation Reform Act of 1995. Terms such as “anticipates,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predicts,” “project,” “should,” “towards,” “would” as well as similar terms, are forward-looking in nature, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements concerning key milestones, including certain pre-clinical data, planned clinical trials, and statements relating to the safety and efficacy of Calidi’s therapeutic candidates in development. Any forward-looking statements contained in this discussion are based on Calidi’s current expectations and beliefs concerning future developments and their potential effects and are subject to multiple risks and uncertainties that could cause actual results to differ materially and adversely from those set forth or implied in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risk that Calidi is not able to raise sufficient capital to support its current and anticipated clinical trials, the risk that early results of clinical trials do not necessarily predict final results and that one or more of the clinical outcomes may materially change following more comprehensive review of the data, and as more patient data becomes available, the risk that Calidi may not receive FDA approval for some or all of its therapeutic candidates. Other risks and uncertainties are set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s annual report filed with the SEC on Form 10-K on March 27, 2026, as may be amended or supplemented by other reports we file with the SEC from time to time. We disclaim any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
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