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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 shared an announcement.

Modalis Therapeutics Corporation has completed the pay-in procedures for the issuance of 700 new common shares as part of a restricted-stock-based remuneration plan for its subsidiary employees. This move, resolved by the Board of Directors, aims to incentivize and retain key personnel, potentially strengthening the company’s operational capabilities and market position.

More about Modalis Therapeutics Corporation

Modalis Therapeutics Corporation is a biotechnology company listed on the Tokyo Stock Exchange, focusing on developing innovative therapeutics. The company is involved in the creation and commercialization of gene therapy solutions, targeting rare genetic disorders.

Average Trading Volume: 4,503,377

Technical Sentiment Signal: Sell

Current Market Cap: Yen6.46B

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

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