StockWatch
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Biotechnology: Biological Products (No Diagnostic Substances)
ESOPJun 19, 2026, 05:16 PM

Iovance Biotherapeutics grants 140,860 inducement stock options

AI Summary

Iovance Biotherapeutics, Inc. announced the grant of inducement stock options covering an aggregate of 140,860 shares of its common stock to twenty-seven new, non-executive employees. The awards were granted on June 18, 2026, under the company's Amended and Restated 2021 Inducement Plan, in accordance with Nasdaq Listing Rule 5635(c)(4). Each stock option has an exercise price of $3.91, which was the closing price on the grant date, and vests over a three-year period.

Key Highlights

  • 140,860 shares of common stock granted as inducement stock options
  • Awards granted to twenty-seven new, non-executive employees
  • Exercise price set at $3.91 per share
  • Stock options vest over a three-year period
  • Granted under Iovance’s Amended and Restated 2021 Inducement Plan