Arca Biopharma Increases Executive Retention Bonuses

The latest announcement is out from Arca Biopharma (ABIO).

ARCA biopharma, Inc. has approved a significant 33.33% increase to the retention bonuses of executives Thomas A. Keuer and C. Jeffrey Dekker, bringing the total amount to $200,000 each. These bonuses will be paid according to the original agreement, with $165,000 still to be disbursed upon the occurrence of predetermined events. This move underscores ARCA’s commitment to retaining key leadership amidst a competitive market landscape.

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