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

San diego, oct. 11, 2023 (globe newswire) -- travere therapeutics, inc. (nasdaq: tvtx) today announced that on october 10, 2023, the compensation committee of its board of directors granted inducement equity grants to nine new employees, consisting of inducement restricted stock units, or rsus, covering an aggregate of 29,250 shares of its common stock. these inducement rsus are subject to the terms of travere's 2018 equity incentive plan (“2018 plan”), but were granted outside of the 2018 plan and were granted as inducements material to the new employees entering into employment with travere in accordance with nasdaq listing rule 5635(c)(4).
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