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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Vesting condition for the incentive have been met. A well...
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Last
$21.80 |
Change
0.460(2.16%) |
Mkt cap ! $2.783B |
Open | High | Low | Value | Volume |
$21.50 | $22.27 | $21.49 | $17.34M | 792.6K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 3550 | $21.80 |
Sellers (Offers)
Price($) | Vol. | No. |
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$21.81 | 567 | 1 |
View Market Depth
No. | Vol. | Price($) |
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5 | 3550 | 21.800 |
1 | 1979 | 21.770 |
1 | 2572 | 21.760 |
1 | 5000 | 21.750 |
1 | 1979 | 21.740 |
Price($) | Vol. | No. |
---|---|---|
21.920 | 700 | 1 |
21.970 | 1979 | 2 |
22.000 | 2557 | 5 |
22.010 | 1979 | 1 |
22.040 | 50 | 1 |
Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$21.85 |
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Change
0.460 ( 2.27 %) |
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Open | High | Low | Volume | ||
$21.56 | $22.26 | $21.50 | 182893 | ||
Last updated 15.59pm 16/05/2024 ? |
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