Freightcar america reports inducement grant under nasdaq listing rule 5635(c)(4)

Chicago, june 28, 2023 (globe newswire) -- freightcar america, inc. (nasdaq: rail) (the “company”) announced today that the company made an equity inducement grant (“inducement grant”) to nicholas j. randall on june 26, 2023, in connection with mr. randall's appointment as chief operating officer of the company. the inducement grant is made pursuant to the employment agreement entered into between the company and mr. randall on may 12, 2023, and in accordance with nasdaq listing rule 5635(c)(4).
RAIL Ratings Summary
RAIL Quant Ranking