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Damora Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Damora Therapeutics (NASDAQ: DMRA) granted equity awards to five newly hired, non-executive employees on November 1, 2026, as employment inducements.

(Moderate)

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Rhea-AI Summary

Damora Therapeutics (NASDAQ: DMRA) granted equity awards to five newly hired, non-executive employees on November 1, 2026, as employment inducements. The awards comprise options to purchase 120,900 ordinary shares at an exercise price of $21.49 per share, with a 10-year term.

The options vest 25% on the first anniversary of each employee’s start date, followed by equal monthly installments over 36 months. The independent Compensation Committee approved the grants under Nasdaq Listing Rule 5635(c)(4), subject to the 2022 Inducement Plan and option award agreements.

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Positive

  • None.

Negative

  • Minor point. Forward-looking: it has not happened yet and may not happen.Options for 120,900 ordinary shares at $21.49 per share create potential dilution if exercised.

Key Figures

Options granted: 120,900 ordinary shares Exercise price: $21.49 per share Option term: 10 years +2 more
Options granted
120,900 ordinary shares
Aggregate inducement grants
Exercise price
$21.49 per share
Inducement options
Option term
10 years
Inducement options
Initial vesting
25%
On the first anniversary of employees' start dates
Subsequent vesting period
36 months
Equal monthly installments after initial vesting

Key Terms

nasdaq listing rule 5635(c)(4)
1 terms
nasdaq listing rule 5635(c)(4) regulatory
"in accordance with Nasdaq Listing Rule 5635(c)(4)."
NASDAQ Listing Rule 5635(c)(4) is a rule that requires a company to get approval from its shareholders before selling a large amount of its shares, usually over 20%. This helps protect investors by making sure the company doesn't flood the market with new shares without their say, which could lower the stock's value.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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BOSTON, Nov. 05, 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 November 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 120,900 Damora ordinary shares with a 10-year term and an exercise price of $21.49 per share. All of the options vest as to 25% on the first anniversary of the employees’ start date and in equal monthly installments for the following 36 months. The inducement grants are subject to the terms and conditions of the 2022 Damora Therapeutics, Inc. Inducement Plan, and the terms and conditions of an option award agreement.

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many employee stock options did Damora Therapeutics grant, and at what exercise price?

Damora granted options to purchase 120,900 ordinary shares at $21.49 per share to five newly hired, non-executive employees. The grants were made on November 1, 2026, and have a 10-year term.

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