Zura Bio settles with former CEO Someit Sidhu; pays $556,692 plus stock vesting

Zura Bio Ltd

Settlement includes $139,173 pay in lieu of notice, $139,173 compensation, and $278,346 severance.
Acceleration of stock vesting: 1,000,000 options fully exercisable, 250,000 vest over 3 years, 700,000 vested from capital raise.
Parties agree to mutual non-disparagement and confidentiality obligations.
Settlement is full and final release of all employment-related claims against the company.

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