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

Florham park, n.j., sept. 23, 2022 (globe newswire) -- pds biotechnology corporation (nasdaq: pdsb), a clinical-stage immunotherapy company developing a growing pipeline of targeted immunotherapies for cancer and infectious disease, today announced pds biotech granted nonstatutory stock options to (a) amber king, pds biotech's clinical trial assistant, to purchase 5,000 shares of pds biotech common stock, (b) charliene casey, pds biotech's associate director, data management, to purchase 12,000 shares of pds biotech's common stock, and (c) david schaaf, pds biotech's vice president, medical affairs, to purchase 70,000 shares of pds biotech's common stock, in each case, as a material inducement to their employment with pds biotech and in accordance with nasdaq listing rule 5635(c)(4) and pds biotech's 2019 inducement plan, as amended, which was adopted on june 17, 2019 and provides for the granting of equity awards to new employees of pds biotech.
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