Solid Biosciences Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
March 04 2025 - 4:07PM
Solid Biosciences Inc. (Nasdaq: SLDB) (the “Company”), a life
sciences company developing precision genetic medicines for
neuromuscular and cardiac diseases, today announced a grant of
11,950 restricted stock units (“RSUs”) to one newly hired employee.
The RSUs vest in four equal installments on each one-year
anniversary of the grant date until the fourth anniversary of the
grant date. Vesting of the equity awards is subject to the
employee’s continued service with the Company through each
applicable vesting date.
This grant was made pursuant to the Company’s 2024 Inducement
Stock Incentive Plan and was made as an inducement material to the
employee’s acceptance of employment with the Company in accordance
with Nasdaq Listing Rule 5635(c)(4).
About Solid BiosciencesSolid
Biosciences is a precision genetic medicine company focused on
advancing a portfolio of gene therapy candidates targeting rare
neuromuscular and cardiac diseases, including Duchenne muscular
dystrophy (Duchenne), Friedreich’s ataxia (FA), catecholaminergic
polymorphic ventricular tachycardia (CPVT), TNNT2-mediated dilated
cardiomyopathy, BAG3-mediated dilated cardiomyopathy, and
additional fatal, genetic cardiac diseases. The Company is also
focused on developing innovative libraries of genetic regulators
and other enabling technologies with promising potential to
significantly impact gene therapy delivery cross-industry. Solid is
advancing its diverse pipeline and delivery platform in the pursuit
of uniting experts in science, technology, disease management, and
care. Patient-focused and founded by those directly impacted by
Duchenne, Solid’s mission is to improve the daily lives of patients
living with devastating rare diseases. For more information, please
visit www.solidbio.com.
Solid Biosciences Investor Contact:Nicole
AndersonDirector, Investor Relations and Corporate
CommunicationsSolid Biosciences Inc.investors@solidbio.com
Media Contact:Glenn Silver FINN Partners
glenn.silver@finnpartners.com
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