Damora Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
The employee awards carry potential dilution through options to purchase 144,400 ordinary shares at $21.28 per share.
Sentiment and the balance of points
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Rhea-AI Summary
Damora Therapeutics (DMRA) granted equity awards to five newly hired, non-executive employees on October 1, 2026, as inducements to accept employment.
The awards comprise options to purchase 144,400 ordinary shares at an exercise price of $21.28 per share, with a 10-year term. Options vest 25% on the first anniversary of each employee’s start date, then in equal monthly installments over the following 36 months. The independent Compensation Committee approved the grants under Nasdaq Listing Rule 5635(c)(4). The awards are subject to the 2022 Damora Therapeutics Inducement Plan and an option award agreement.
Positive
- None.
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.144,400 ordinary-share options at $21.28 per share create potential dilution if exercised; the term is 10 years.
Key Figures
- Options granted
- 144,400 ordinary shares
- Aggregate underlying shares
- Exercise price
- $21.28 per share
- Inducement options
- Option term
- 10 years
- Inducement options
- Vesting schedule
- 25% on the first anniversary; equal monthly installments for the following 36 months
- All options
- Employees receiving grants
- 5 employees
- Newly hired, non-executive employees
Historical Context
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Options for 135,400 shares had a 10-year term and $28.18 exercise price.
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Options for 451,000 shares had a 10-year term and $28.99 exercise price.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOSTON, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Damora Therapeutics, Inc. (NASDAQ: DMRA) (“Damora”), a biotechnology company working to fundamentally redefine care for patients with blood disorders, today announced that it granted equity awards to five newly-hired, non-executive employees on October 1, 2026. The inducement grants were approved by Damora’s independent Compensation Committee of its Board of Directors and were made as material inducements to such individuals’ acceptance of employment with Damora in accordance with Nasdaq Listing Rule 5635(c)(4).
The inducement grants consist of options to purchase an aggregate of 144,400 Damora ordinary shares with a 10-year term and an exercise price of
About Damora Therapeutics
Damora Therapeutics is an innovative biotechnology company that aims to fundamentally redefine care for people with hematologic disorders. We are advancing a new generation of biologics to treat mutant calreticulin-driven myeloproliferative neoplasms, including essential thrombocythemia and myelofibrosis, where there is significant medical need for disease-modifying treatments. With multiple programs with best-in-class potential on track to enter clinical development in 2026, our goal is to rapidly bring forward optimized therapies with broad mutation coverage and exceptional convenience to dramatically improve patient outcomes. For more information, visit www.damoratx.com or follow us on LinkedIn.
Investor/Media Contact:
Jim Baker
Chief Corporate Affairs Officer
Investors: investors@damoratx.com
Media: media@damoratx.com
FAQ
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