Candel Therapeutics Grants New Hire Options for 20,000 Shares Under 2025 Inducement Plan

Reuters03-03

Candel <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Grants New Hire Options for 20,000 Shares Under 2025 Inducement Plan

Candel Therapeutics said its board compensation committee granted a new employee stock options to buy 20,000 shares at an exercise price of $5.25 per share. The options were issued under the company’s 2025 Inducement Plan, with 25% vesting on the first anniversary of the employee’s start date and the remaining 75% vesting in 36 equal monthly installments thereafter, subject to continued service.

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: 202603021605PRIMZONEFULLFEED9663995) on March 02, 2026, and is solely responsible for the information contained therein.

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