Korro Bio, Inc., a biopharmaceutical company, discovers, develops, and commercializes genetic medicines based on editing RNA for the treatment of rare and highly prevalent diseases. Korro Bio, Inc. is based in Cambridge, Massachusetts.
Korro Bio Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Korro Bio granted a non-statutory stock option to a newly hired employee as an employment inducement under Nasdaq Listing Rule 5635(c)(4).
The option covers 600 shares at an exercise price of $13.35 per share, which was the closing price on the grant date of August 12, 2026.
The award has a ten-year term and vests over four years, with 25% vesting on the first anniversary and the remainder in monthly installments.