Edgewise Therapeutics Reports Inducement Grants as permitted by the Nasdaq Listing Rules
Rhea-AI Summary
Edgewise Therapeutics (NASDAQ:EWTX) announced inducement equity grants on November 28, 2025 related to a new non-executive hire. The company granted a stock option to purchase 26,250 shares under its 2024 Inducement Equity Incentive Plan.
The option exercise price is $26.04 per share (equal to the closing price on the grant date). Vesting is 25% after one year and then 1/48th monthly thereafter, subject to continued service. Grants were made as inducements under Nasdaq Listing Rule 5635(c)(4).
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The inducement stock option has an exercise price of
The inducement award is subject to the terms of the Inducement Plan and related forms of agreements, and were granted as inducements material to these employees to enter into employment with Edgewise in accordance with Nasdaq Listing Rule 5635(c)(4).
About Edgewise Therapeutics
Edgewise Therapeutics is a leading muscle disease biopharmaceutical company developing novel therapeutics for muscular dystrophies and serious cardiac conditions. The Company's deep expertise in muscle physiology is driving a new generation of novel therapeutics. Sevasemten is an orally administered first-in-class fast skeletal myosin inhibitor in late-stage clinical trials in Becker and Duchenne muscular dystrophies. EDG-7500 is a novel cardiac sarcomere modulator for the treatment of hypertrophic cardiomyopathy and other diseases of diastolic dysfunction, currently in Phase 2 clinical development. EDG-15400 is a novel cardiac sarcomere modulator for the treatment of heart failure, currently in Phase 1 clinical development. The entire team at Edgewise is dedicated to our mission: changing the lives of patients and families affected by serious muscle diseases. To learn more, go to: www.edgewisetx.com or follow us on LinkedIn, X , Facebook and Instagram.
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SOURCE Edgewise Therapeutics