Arcutis Biotherapeutics Announces Inducement Grants in Compliance with Nasdaq Listing Rule 5635(c)(4)
Employee Stock Grants: Arcutis Biotherapeutics has granted 51,000 restricted stock units to six new employees as part of their 2022 Inducement Plan, with vesting occurring over four years.
Company Overview: Arcutis is a biopharmaceutical company focused on immuno-dermatology, developing innovative treatments for immune-mediated skin diseases, with a portfolio of advanced targeted therapies.
Forward-Looking Statements: The press release includes forward-looking statements regarding the company's expectations and potential risks that could affect future performance, as outlined in their SEC filings.
Contact Information: Media and investor inquiries can be directed to Amanda Sheldon for corporate communications and Brian Schoelkopf for investor relations, respectively.
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