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SinoMab BioScience Grants Over 46 Million Share Options to Employees and Service Providers

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SinoMab BioScience Grants Over 46 Million Share Options to Employees and Service Providers

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SinoMab Bioscience Ltd. ( (HK:3681) ) has issued an announcement.

SinoMab BioScience Limited announced the grant of 46,585,862 share options to 20 employees and two service providers under its 2022 Share Option Scheme. This move is part of the company’s strategy to incentivize and retain talent, aligning employee performance with company growth. The share options, exercisable over an eight-year period starting from July 2027, are tied to performance evaluations, ensuring that the grantees’ contributions are rewarded. The absence of a clawback mechanism is justified by existing protective measures within the scheme rules.

More about SinoMab Bioscience Ltd.

SinoMab BioScience Limited is a biotechnology company based in Hong Kong, focusing on the research, development, and commercialization of therapeutics for the treatment of immunological diseases. The company operates in the pharmaceutical industry, aiming to address unmet medical needs with innovative solutions.

Average Trading Volume: 13,473,717

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.01B

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