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Quantum-Si Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

  • Quantum-Si Incorporated (Nasdaq: QSI) granted 495,335 restricted stock units (RSUs) to new employees under its 2023 Inducement Equity Incentive Plan.
  • The RSUs were issued as inducement material to attract new hires in compliance with Nasdaq Listing Rule 5635(c)(4).
  • The 2023 Inducement Plan is reserved exclusively for equity awards to individuals who were not previously employed by Quantum-Si.
  • Vesting begins with 25% on December 20, 2027, with the remaining balance vesting in 12 equal quarterly installments subject to continued employment.
  • The grants are governed by the terms of the 2023 Inducement Plan & individual RSU agreements.
  • Quantum-Si is a proteomics company utilizing a benchtop platform for single-molecule protein analysis to provide real-time kinetic-based detection.
Company
Quantum-Si Incorporated
Keywords
Nasdaq:QSI, Quantum-Si Incorporated