Immuneering reprices underwater employee stock options to $3.01 with retention restriction

Immuneering Corp

Repricing applies to options with exercise price >$3.01 held by employees and certain service providers; excludes CEO, CSO, and non-employee directors.
Exercise price reduced to $3.01 per share (approx. 2x May 21 closing price).
Repriced options revert to original exercise price if exercised before June 30, 2025, unless change of control or qualifying termination.
Repricing intended to retain and motivate employees without additional equity grants or cash outlays.
Total number of repriced options not disclosed.

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