Anika reports inducement grants under nasdaq listing rule 5635(c)(4)

Bedford, mass., sept. 15, 2023 (globe newswire) -- anika therapeutics, inc. (nasdaq: anik), a global joint preservation company in early intervention orthopedics, today announced that on september 5, 2023, anika granted restricted stock units ( “rsus”) covering 10,000 shares of common stock to one newly hired non-executive employee. the grant was made pursuant to the anika therapeutics, inc. 2021 inducement plan, was approved by the compensation committee of the board of directors pursuant to a delegation of authority by the board of directors, and, in accordance with nasdaq listing rule 5635(c)(4), was made as a material inducement to the grantee's acceptance of employment with anika as a component of the grantee's employment compensation.
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