Zentalis Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which engages in discovering and developing clinically differentiated, novel small molecule therapeutics targeting fundamental biological pathways of cancer. It develops a broad pipeline of product candidates with an initial focus on validated oncology targets with the potential to address large patient populations. The company was founded by Kevin D. Bunker and Cam Gallagher on December 23, 2014 and is headquartered in San Diego, CA.
Zentalis Pharmaceuticals Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
Zentalis Pharmaceuticals granted non-qualified stock options to purchase 62,000 shares to three newly hired employees under its 2022 Inducement Plan.
The grants were made under Nasdaq Listing Rule 5635(c)(4), carry an exercise price of $2.605 (the grant-date close), a 10-year term, and four-year vesting.
This is routine compensation-related boilerplate with no bearing on the company's clinical programs, including the WEE1 inhibitor azenosertib.