other material
confidence high
sentiment positive
materiality 0.55
Biodesix completes stock option exchange; net reduction of ~600K shares
BIODESIX INC
- 83 employees exchanged options; 757,595 shares cancelled (~99% of eligible).
- New options granted for 156,868 shares at exercise price of $1.20 per share.
- Net reduction in potential dilution of approximately 600,727 shares.
- New options vest per terms of Exchange Offer and 2020 Equity Incentive Plan.