Press Releases May 1, 2026 08:00 AM

Damora Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Damora Therapeutics grants stock options as inducements under Nasdaq rule to newly hired employees

By Ajmal Hussain DMRA
Damora Therapeutics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
DMRA

Damora Therapeutics, a biotech company focused on hematologic disorders, announced inducement stock option grants totaling 57,500 shares to two newly hired, non-executive employees. These grants were approved under Nasdaq Listing Rule 5635(c)(4) and vest over four years, aiming to attract talent as the company advances its pipeline targeting myeloproliferative neoplasms with clinical programs expected to enter development in 2026.

Key Points

  • Damora Therapeutics granted non-qualified stock options to two new non-executive hires as inducements for joining the company under Nasdaq regulations.
  • The stock options total 57,500 shares with a 10-year term and an exercise price of $25.66 per share, vesting over four years.
  • Company is progressing multiple biologics aimed at forms of blood cancers, targeting clinical development in 2026, potentially impacting hematology and biotech sectors.

BOSTON, May 01, 2026 (GLOBE NEWSWIRE) -- Damora Therapeutics, Inc. (NASDAQ: DMRA) (“Damora”), a biotechnology company working to fundamentally redefine care for patients with blood disorders, today announced that it granted equity awards to two newly-hired, non-executive employees. The inducement grants were approved by Damora’s independent Compensation Committee and were made as material inducements to such individuals’ acceptance of employment with Damora in accordance with Nasdaq Listing Rule 5635(c)(4).

The inducement grants consist of non-qualified stock options to purchase an aggregate of 57,500 shares of the Damora’s common stock with a 10-year term and an exercise price of $25.66 per share. The options vest as to 25% on the first anniversary of the applicable grant date and in equal monthly installments for the following 36 months. The inducement grants are subject to the terms and conditions of the 2022 Damora Therapeutics, Inc. Inducement Plan, and the terms and conditions of a stock option agreement.

About Damora Therapeutics

Damora Therapeutics is an innovative biotechnology company that aims to fundamentally redefine care for people with hematologic disorders. We are advancing a new generation of biologics to treat mutant calreticulin-driven myeloproliferative neoplasms, including essential thrombocythemia and myelofibrosis, where there is significant medical need for disease-modifying treatments. With multiple programs with best-in-class potential on track to enter clinical development in 2026, our goal is to rapidly bring forward optimized therapies with broad mutation coverage and exceptional convenience to dramatically improve patient outcomes. For more information, visit www.damoratx.com or follow us on LinkedIn.

Media Contact:
Lia Dangelico
Deerfield Group
[email protected]

Investor Contact:
Brian Ritchie
LifeSci Advisors
[email protected]


Risks

  • The company's pipeline programs are still preclinical with clinical development planned for 2026, meaning risks related to clinical trial success and regulatory approval.
  • Stock-based compensation dilutes existing shareholders which might affect stock valuation.
  • Biotech sector volatility and competition in hematologic disorders could impact Damora's market position and stock performance.

More from Press Releases

TWFG Insurance Acquires APIA Inc., Expanding Specialty MGA Capabilities and Supporting Long-Term Growth May 4, 2026 Pennant Announces First Quarter 2026 Earnings Release and Call May 4, 2026 Magna Announces 2026 Annual Meeting Results May 4, 2026 Sprott Physical Copper Trust Updates Its “At-The-Market” Equity Program in Connection with NYSE Arca Listing May 4, 2026 Grupo Aeroportuario del Pacifico Reports on Impact Arising from the Cessation of Operations of Spirit Airlines May 4, 2026