UNITY Biotechnology Reports Granting of New Employment Inducement Awards
August 18 2021 - 8:00AM
UNITY Biotechnology, Inc. (“UNITY”) [NASDAQ: UBX], a biotechnology
company developing therapeutics to slow, halt, or reverse diseases
of aging, today announced that from August 3, 2021, through August
17, 2021, the Compensation Committee of the Board of Directors (the
“Board”) granted 2 new employees stock-based awards covering an
aggregate of 49,000 shares of UNITY common stock, including options
to purchase an aggregate of 49,000 shares of UNITY common stock.
The stock-based awards were granted pursuant to the UNITY 2020
Employment Inducement Incentive Plan, as amended, which was
approved by the Board in March 2020 to provide for grants to newly
hired employees as a material inducement for them to commence
employment with UNITY in accordance with Nasdaq Stock Market Rule
5635(c)(4).
About UNITYUNITY is developing a
new class of therapeutics to slow, halt or reverse diseases of
aging. UNITY’s current focus is on creating medicines to
selectively eliminate or modulate senescent cells and thereby
provide transformative benefit
in age-related ophthalmologic and neurologic diseases.
More information is available
at www.unitybiotechnology.com or follow us
on Twitter and LinkedIn.
Media
Canale Communications
Jason Spark
jason.spark@canalecomm.com
UNITY Biotechnology (NASDAQ:UBX)
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