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Cartesian Therapeutics Announces New Employment Inducement Grants

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Cartesian Therapeutics (NASDAQ: RNAC), a clinical-stage biotech company focused on cell therapy for autoimmune diseases, has granted employment inducement awards to three new employees. The company issued stock options totaling 26,350 shares with an exercise price of $9.98, matching the closing price on Nasdaq Global Market on June 2, 2025. These options, granted under the company's Amended and Restated 2018 Employment Inducement Incentive Award Plan, will vest 25% on June 2, 2026, followed by three equal annual installments until full vesting on June 2, 2029. The options have a 10-year term and were granted under Nasdaq Listing Rule 5635(c)(4) as employment inducements.
Cartesian Therapeutics (NASDAQ: RNAC), una società biotecnologica in fase clinica specializzata nella terapia cellulare per malattie autoimmuni, ha assegnato premi di incentivazione all'assunzione a tre nuovi dipendenti. La società ha emesso opzioni su azioni per un totale di 26.350 titoli con un prezzo di esercizio di 9,98 dollari, pari al prezzo di chiusura sul Nasdaq Global Market del 2 giugno 2025. Queste opzioni, concesse nell'ambito del Piano Incentivi per l'Assunzione Emendato e Ripristinato 2018, matureranno per il 25% il 2 giugno 2026, seguite da tre rate annuali uguali fino al completo maturamento il 2 giugno 2029. Le opzioni hanno una durata di 10 anni e sono state concesse secondo la Regola di Quotazione Nasdaq 5635(c)(4) come incentivi all'assunzione.
Cartesian Therapeutics (NASDAQ: RNAC), una empresa biotecnológica en etapa clínica centrada en terapias celulares para enfermedades autoinmunes, ha otorgado premios por inducción laboral a tres nuevos empleados. La compañía emitió opciones sobre acciones por un total de 26,350 títulos con un precio de ejercicio de 9.98 dólares, igualando el precio de cierre en el Nasdaq Global Market el 2 de junio de 2025. Estas opciones, concedidas bajo el Plan de Premios de Incentivo por Inducción Laboral Modificado y Restablecido de 2018, se consolidarán en un 25% el 2 de junio de 2026, seguidas de tres cuotas anuales iguales hasta la consolidación total el 2 de junio de 2029. Las opciones tienen un plazo de 10 años y fueron otorgadas conforme a la Regla de Cotización Nasdaq 5635(c)(4) como incentivos de empleo.
Cartesian Therapeutics(NASDAQ: RNAC)는 자가면역 질환을 위한 세포 치료에 중점을 둔 임상 단계의 바이오테크 회사로, 세 명의 신입 직원에게 고용 유인 보상을 부여했습니다. 회사는 2025년 6월 2일 나스닥 글로벌 마켓 마감가인 주당 9.98달러와 동일한 행사가격으로 총 26,350주의 스톡옵션을 발행했습니다. 이 옵션들은 회사의 2018년 개정 및 재확인된 고용 유인 인센티브 상 계획에 따라 부여되었으며, 2026년 6월 2일에 25%가 베스팅되고 이후 3년에 걸쳐 매년 동일한 비율로 베스팅되어 2029년 6월 2일에 완전히 베스팅됩니다. 옵션의 유효 기간은 10년이며, 나스닥 상장 규칙 5635(c)(4)에 따라 고용 유인으로 부여되었습니다.
Cartesian Therapeutics (NASDAQ : RNAC), une société biotechnologique en phase clinique spécialisée dans la thérapie cellulaire pour les maladies auto-immunes, a accordé des primes d'embauche à trois nouveaux employés. La société a émis des options d'achat d'actions totalisant 26 350 titres, avec un prix d'exercice de 9,98 dollars, correspondant au cours de clôture sur le Nasdaq Global Market le 2 juin 2025. Ces options, accordées dans le cadre du Plan d'incitation à l'embauche modifié et révisé de 2018, seront acquises à hauteur de 25 % le 2 juin 2026, puis par trois versements annuels égaux jusqu'à l'acquisition totale le 2 juin 2029. Les options ont une durée de 10 ans et ont été accordées conformément à la règle de cotation Nasdaq 5635(c)(4) en tant qu'incitations à l'emploi.
Cartesian Therapeutics (NASDAQ: RNAC), ein biotechnologisches Unternehmen in der klinischen Phase mit Schwerpunkt auf Zelltherapie bei Autoimmunerkrankungen, hat drei neuen Mitarbeitern Einstellungsanreize gewährt. Das Unternehmen hat Aktienoptionen im Gesamtumfang von 26.350 Aktien mit einem Ausübungspreis von 9,98 US-Dollar ausgegeben, entsprechend dem Schlusskurs am Nasdaq Global Market am 2. Juni 2025. Diese Optionen wurden im Rahmen des geänderten und neu gefassten Anreizplans für die Einstellung von Mitarbeitern aus dem Jahr 2018 gewährt und werden zu 25 % am 2. Juni 2026 fällig, gefolgt von drei gleichen jährlichen Raten bis zur vollständigen Fälligkeit am 2. Juni 2029. Die Optionen haben eine Laufzeit von 10 Jahren und wurden gemäß der Nasdaq-Notierungsregel 5635(c)(4) als Einstellungsanreize gewährt.
Positive
  • Company demonstrates ability to attract new talent with equity compensation
  • Stock options align employee interests with shareholder value
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  • None.

FREDERICK, Md., June 03, 2025 (GLOBE NEWSWIRE) -- Cartesian Therapeutics, Inc. (NASDAQ: RNAC) (the “Company”), a clinical-stage biotechnology company pioneering cell therapy for autoimmune diseases, today announced the granting of inducement awards to three new employees. On June 2, 2025, the Company issued to these employees options to purchase an aggregate of 26,350 shares of the Company’s common stock with an exercise price of $9.98, the closing trading price of the Company’s common stock on the Nasdaq Global Market on the date of grant. The options were granted pursuant to the Company’s Amended and Restated 2018 Employment Inducement Incentive Award Plan and were approved by the Company’s board of directors. The options vest as to 25% on June 2, 2026, and then in three equal annual installments thereafter such that the options will be fully vested on June 2, 2029. The options have a ten-year term. The options were granted under Rule 5635(c)(4) of the Nasdaq Listing Rules as an inducement material to the employees’ entry into employment with the Company.

About Cartesian Therapeutics

Cartesian Therapeutics is a clinical-stage company pioneering cell therapy for the treatment of autoimmune diseases. The Company’s lead asset, Descartes-08, is a CAR-T in Phase 3 clinical development for patients with generalized myasthenia gravis and Phase 2 development for systemic lupus erythematosus, with a Phase 2 basket trial planned in additional autoimmune indications. The Company’s clinical-stage pipeline also includes Descartes-15, a next-generation, autologous anti-BCMA CAR-T currently being evaluated in a Phase 1 trial in patients with multiple myeloma. For more information, please visit www.cartesiantherapeutics.com or follow the Company on LinkedIn or X, formerly known as Twitter.

Contact Information:
Investor Contact:
Megan LeDuc
Associate Director, Investor Relations
megan.leduc@cartesiantx.com

Media Contact:
David Rosen
Argot Partners
david.rosen@argotpartners.com


FAQ

What stock options did Cartesian Therapeutics (RNAC) grant to new employees in June 2025?

Cartesian Therapeutics granted options to purchase 26,350 shares at $9.98 per share to three new employees, with 25% vesting on June 2, 2026, and the remainder vesting in three annual installments until June 2, 2029.

What is the vesting schedule for RNAC's June 2025 employee stock options?

The options vest 25% on June 2, 2026, followed by three equal annual installments, becoming fully vested on June 2, 2029.

What is the exercise price of Cartesian Therapeutics' June 2025 inducement grants?

The exercise price is $9.98, which was the closing price of RNAC stock on the Nasdaq Global Market on June 2, 2025.

How long is the term of RNAC's June 2025 employee stock options?

The stock options have a ten-year term.
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Biotechnology
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