Taysha Gene Therapies Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
07 Março 2025 - 10:00AM
Taysha Gene Therapies, Inc. (Nasdaq: TSHA) ("Taysha" or the
"Company"), a clinical-stage biotechnology company focused on
advancing adeno-associated virus (AAV)-based gene therapies for
severe monogenic diseases of the central nervous system (CNS),
today announced that, on March 3, 2025, the Compensation Committee
of Taysha's Board of Directors granted three new employees, in the
aggregate, options to purchase 225,000 shares of the Company's
common stock in connection with their employment. The stock options
were granted under the Taysha Gene Therapies, Inc. 2023 Inducement
Plan as an inducement material to the individuals entering
employment with Taysha in accordance with Nasdaq Listing Rule
5635(c)(4).
The stock options have an exercise price of $1.62 which is equal
to the closing price of Taysha's common stock on the date of grant.
The stock option has a 10-year term and will vest over four years,
with 25% of the option vesting on the first anniversary of the
vesting commencement date and the remaining 75% of the option
vesting in equal monthly installments over the 36 months
thereafter. Vesting of the stock option is subject to such
employee's continued service to Taysha on each vesting date.
About Taysha Gene TherapiesTaysha Gene
Therapies (Nasdaq: TSHA) is a clinical-stage biotechnology company
focused on advancing adeno-associated virus (AAV)-based gene
therapies for severe monogenic diseases of the central nervous
system. Its lead clinical program TSHA-102 is in development for
Rett syndrome, a rare neurodevelopmental disorder with no approved
disease-modifying therapies that address the genetic root cause of
the disease. With a singular focus on developing transformative
medicines, Taysha aims to address severe unmet medical needs and
dramatically improve the lives of patients and their caregivers.
The Company’s management team has proven experience in gene therapy
development and commercialization. Taysha leverages this
experience, its manufacturing process and a clinically and
commercially proven AAV9 capsid in an effort to rapidly translate
treatments from bench to bedside. For more information, please
visit http://www.tayshagtx.com.
Company Contact:Hayleigh Collins Senior
Director, Corporate Communications & Investor RelationsTaysha
Gene Therapies, Inc.hcollins@tayshagtx.com
Media Contact:Carolyn HawleyInizio
EvokeCarolyn.hawley@inizioevoke.com
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