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Alterity Therapeutics Issues New Unlisted Options as Part of Employee Incentive Scheme

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Alterity Therapeutics Issues New Unlisted Options as Part of Employee Incentive Scheme

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Alterity Therapeutics ( (AU:ATH) ) has provided an announcement.

Alterity Therapeutics Limited has announced the issuance of 11,500,000 unlisted options, set to expire on August 8, 2030, with an exercise price of $0.013. This issuance, part of an employee incentive scheme, reflects the company’s efforts to align employee interests with long-term strategic goals, potentially enhancing its competitive positioning in the biotechnology sector.

More about Alterity Therapeutics

Alterity Therapeutics Limited operates in the biotechnology industry, focusing on developing therapies for neurodegenerative diseases. The company is primarily engaged in creating treatments that target the underlying causes of these conditions, aiming to improve patient outcomes and address unmet medical needs in this specialized market.

YTD Price Performance: 30.0%

Average Trading Volume: 14,655,894

Technical Sentiment Signal: Sell

Current Market Cap: A$128.9M

See more insights into ATH stock on TipRanks’ Stock Analysis page.

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