Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Vincerx Pharma Inc (VINC) has shared an update.
Vincerx Pharma, Inc. has implemented a one-time stock option repricing and exchange program, effectively reducing the exercise price of underwater stock options to $0.55 per share for employees and consultants, contingent on a retention period ending at the earliest of August 12, 2025, a company change in control, or the option holder’s death, disability, or unfair termination. This decision, which maintains the original vesting and expiration terms of the options, received overwhelming approval from stockholders at a Special Meeting.
See more insights into VINC stock on TipRanks’ Stock Analysis page.