other material
confidence high
sentiment neutral
materiality 0.60
Adicet Bio stockholders approve doubling authorized shares to 300M and 5M share plan increase
Adicet Bio, Inc.
- Authorized common shares increased from 150M to 300M via charter amendment; filed June 6.
- 2018 Stock Plan increased by 5M shares to 16.6M total; approved with 28.9M votes for.
- Contingent option grants become effective: CEO Chen Schor receives 1.77M options; CFO Nick Harvey 375k; total 3.3M across management.
- Charter amendment adopted to limit officer liability as permitted by Delaware law.