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Modalis Completes New Share Issuance for Employee Remuneration

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Modalis Completes New Share Issuance for Employee Remuneration

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Modalis Therapeutics Corporation ( (JP:4883) ) has provided an update.

Modalis Therapeutics Corporation has completed the pay-in procedures for issuing new shares as part of a restricted-stock-based remuneration plan for its subsidiary employees. This issuance involves 2,300 common shares at a price of 75 yen per share, reflecting the company’s commitment to incentivizing its workforce and potentially enhancing its operational efficiency.

More about Modalis Therapeutics Corporation

Modalis Therapeutics Corporation is a biotechnology company listed on the Tokyo Stock Exchange, focused on developing innovative therapeutic solutions. The company specializes in gene therapy technologies and aims to address unmet medical needs in the healthcare industry.

Average Trading Volume: 1,710,715

Technical Sentiment Signal: Sell

Current Market Cap: Yen5.69B

For detailed information about 4883 stock, go to TipRanks’ Stock Analysis page.

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