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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Plus Therapeutics Inc | NASDAQ:PSTV | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.1801 | 10.01% | 1.9801 | 1.98 | 2.04 | 2.0799 | 1.67 | 1.82 | 2,084,439 | 20:38:29 |
The options issued to Mr. Stein and Mr. Sims, respectively, have a ten year term and vest over four years, with 25% vesting on the one-year anniversary of the employee’s first day of employment with the Company and 1/36 of the remaining shares vesting monthly thereafter, subject to Dr. Stein’s and Mr. Sims’ continued service relationship with the Company, respectively, on each such date. The options are being granted under the Company’s 2015 New Employee Incentive Plan, which was amended on February 6, 2020 to add 250,000 additional shares of common stock to the pool of shares to be used exclusively for the grant of inducement awards in compliance with Nasdaq Listing Rule 5635(c)(4). The options issued to Dr. Stein and to Mr. Sims are subject to the terms and conditions of the Company’s 2015 New Employee Incentive Plan and the stock option agreements pursuant to which the stock options have been granted and were made as an inducement material to each entering into employment with the Company in reliance of the exemption under Nasdaq Listing Rule 5635(c)(4).
About Plus Therapeutics, Inc.
Plus Therapeutics is a clinical-stage pharmaceutical company focused on making a positive impact on patients’ lives and adding value to the healthcare system. We are a publicly-traded company on Nasdaq (PSTV, an abbreviation of ‘POSITIVE’) with our headquarters in Austin, Texas and GMP-validated manufacturing facilities in San Antonio, Texas. The location of our operations provides us with many potential strategic advantages, including proximity to world-class cancer institutions and researchers and the ability to qualify and apply for funding through the Cancer Prevention and Research Institute of Texas, or CPRIT. Our pipeline of candidate drug products includes our lead drug product candidates, RNL™ and DocePLUS™, which are being developed in the U.S. by a dedicated and energetic team of biologists, chemists, engineers, physicians and other professionals. This diverse and experienced team uses versatile and proprietary nanotechnology to reformulate and deliver chemotherapeutics and radiotherapeutics to provide meaningful benefits to patients and healthcare providers. Our technology platform serves as the foundation of our drug product pipeline and affords us the opportunity to develop additional drugs for rare cancers. More information may be found at www.plustherapeutics.com.
Contact:Plus Therapeutics, Inc. Andrew SimsVP – Chief Financial Officer, Investor RelationsPhone: +1.619.333.4150Email: ir@plustherapeutics.com Website: plustherapeutics.com
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