Vesting condition for the incentive have been met. A well deserved reward for the Neuren employees if you ask me
from the annoucment dated 03/02/2022
Material terms:- Exercise price ($3.46 per share) is the volume weighted average price (VWAP) at which the Company's shares weretraded on the ASX in the 5 days preceding the date of issue of the Options.
- Vested options may be exercised no earlier than 1 year after the issue date.
- All options lapse 4 years after the issue date.
- Options are subject to the following vesting conditions:
(a) when the Company determines to progress NNZ-2591 to a Phase 2b or Phase 3 clinical trial following a positive Phase2 clinical trial outcome, or executes a partnering transaction for NNZ-2591;
(b) when the Company executes a partnering transaction for trofinetide outside North America, or submits a MarketingAuthorisation Application for trofinetide in the European Union, the United Kingdom or Japan.
(c) on acceptance by the US FDA of the filing of a New Drug Application for trofinetide.- The options carry no entitlement to vote or participate in new issues.
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Last
$21.31 |
Change
0.685(3.32%) |
Mkt cap ! $2.698B |
Open | High | Low | Value | Volume |
$20.84 | $21.50 | $20.76 | $3.456M | 162.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 704 | $21.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.31 | 207 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 21.300 |
10 | 203 | 21.290 |
2 | 134 | 21.280 |
4 | 223 | 21.270 |
2 | 161 | 21.260 |
Price($) | Vol. | No. |
---|---|---|
21.310 | 127 | 5 |
21.320 | 279 | 6 |
21.330 | 456 | 4 |
21.340 | 300 | 3 |
21.350 | 192 | 3 |
Last trade - 13.39pm 28/06/2024 (20 minute delay) ? |
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LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
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