other material
confidence high
sentiment neutral
materiality 0.50
Aligos launches voluntary option exchange program for underwater stock options
Aligos Therapeutics, Inc.
- Eligible options have exercise price >= $2.10, granted under 2020 plan, held by US/Switzerland employees or directors.
- Replacement options cover fewer shares per specified exchange ratios and are subject to new vesting schedule.
- Program not yet commenced; final terms to be announced via Schedule TO tender offer.
- Education session for eligible participants scheduled for January 30, 2024 at 2:00 pm PT.