Luna Innovations Announces Inducement Grants Under NASDAQ Listing Rule 5635(C)(4)
Luna Innovations Incorporated (NASDAQ: LUNA) announced two inducement grants under its 2024 Inducement Plan.
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On May 1, 2024, Luna’s Compensation Committee granted 400,000 restricted stock units to John C. Roiko and 350,000 restricted stock units to Will Denman. The restricted stock units were granted as material inducements to employment with Luna in accordance with Nasdaq Listing Rule 5635(c)(4) and are subject to the terms and conditions of the 2024 Inducement Plan.
For the restricted stock units granted to Mr. Roiko,
About Luna
Luna Innovations Incorporated (www.lunainc.com) is a leader in optical technology, providing unique capabilities in high-performance, fiber optic-based, test products for the telecommunications industry and distributed fiber optic-based sensing for a multitude of industries. Luna’s business model is designed to accelerate the process of bringing new and innovative technologies to market.
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Investor Contact:
Allison Woody
Luna Innovations Incorporated Phone: 540.769.8465
Email: woodya@lunainc.com
Media Contact:
Chris Kittredge/Stephen Pettibone FGS Global
Email: luna@fgsglobal.com
Source: Luna Innovations Incorporated