other
confidence high
sentiment neutral
materiality 0.55
Alto Neuroscience reprices ~4.2M underwater options to $2.35 for employee retention
Alto Neuroscience, Inc.
- Total eligible options: 4,225,763 shares repriced to $2.35 from original range $2.44-$16.00 per share.
- CEO Amit Etkin: 719,910 options; CFO Nicholas Smith: 506,124; COO Michael Hanley: 321,000.
- Reduced price applies only after 12-month retention period (or earlier on change in control or qualifying termination).
- Number of shares, vesting schedules, and expiration dates remain unchanged.
item 5.02