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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cabaletta Bio Inc | NASDAQ:CABA | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.14 | 1.11% | 12.74 | 11.36 | 13.05 | 13.00 | 12.20 | 12.83 | 817,484 | 01:00:00 |
Exhibit 10.1
AMENDMENT NO. 1
TO THE
CABALETTA BIO, INC.
2019 STOCK OPTION AND INCENTIVE PLAN
WHEREAS, Cabaletta Bio, Inc. (the Company) maintains the Cabaletta Bio, Inc. 2019 Stock Option and Incentive Plan (the Plan), which was previously adopted by the Board of Directors of the Company (the Board) and approved by the stockholders of the Company;
WHEREAS, the Board desires to amend the Plan to increase the number of shares available for issuance under the Plan;
WHEREAS, Section 16 of the Plan provides that the Board may amend the Plan at any time, subject to certain conditions set forth therein; and
WHEREAS, this Amendment will become effective upon approval by the Companys stockholders at the Companys 2023 Annual Meeting and if, for any reason, the Companys stockholders fail to approve this Amendment, the existing Plan shall continue in full force and effect.
NOW, THEREFORE:
1. Section 3(a) of the Plan is hereby amended by deleting 2,342,288 where it appears in the first sentence thereof and replacing it with 5,342,288.
2. Effective Date of Amendment. This Amendment to the Plan shall become effective upon the date that it is approved by the Companys stockholders in accordance with applicable laws and regulations.
3. Other Provisions. Except as set forth above, all other provisions of the Plan shall remain unchanged.
IN WITNESS WHEREOF, this Amendment No. 1 to the Plan has been adopted by the Board of Directors of the Company on April 7, 2023 and approved by the stockholders of the Company on June 1, 2023.
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