Absci Grants 650,000-Share Inducement Stock Option to New CMO Dr. Ransi Somaratne

Reuters03-07 05:05

Absci Corporation granted Chief Medical Officer Dr. Ransi Somaratne a non-statutory stock option to purchase 650,000 shares. The option has an exercise price of $2.57 per share, a 10-year term, and vests over four years, with 25% vesting after one year and the remaining 75% vesting in 36 roughly 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. Absci Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603061605PRIMZONEFULLFEED9666742) on March 06, 2026, and is solely responsible for the information contained therein.

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