Candel Therapeutics Grants New Employee Stock Options Under 2025 Inducement Plan

Reuters02-03 05:05

Candel <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Grants New Employee Stock Options Under 2025 Inducement Plan

Candel Therapeutics Inc. has granted stock options to a new employee, allowing the purchase of 6,600 shares of the company's common stock at an exercise price of $5.84 per share. Under the company's 2025 Inducement Plan, 25% of these options will vest on the first anniversary of the employee's start date, with the remaining 75% vesting in 36 equal monthly installments thereafter, contingent on continued employment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Candel Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9647219-en) on February 02, 2026, and is solely responsible for the information contained therein.

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