Peak Bio ( (PKBO) ) has provided an update.
Peak Bio, Inc. has awarded 4.15 million stock options to its key personnel, including top executives and directors, with a 10-year term and an exercise price of $0.80 per share, underlining the company’s commitment to its long-term growth and aligning the interests of its leadership with its shareholders. The options will vest in three phases, provided the executives continue their service and regulatory filings are in place, marking a significant incentive as the company progresses.
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