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electroCore Announces Inducement Grant under NASDAQ Listing Rule 5635(c)(4)
ECORelectroCore(ECOR) GlobeNewswire News Room·2024-08-02 20:05

Group 1 - electroCore, Inc. announced the appointment of Stephen Smith as VP of Quality, Regulatory, and Compliance on August 1, 2024 [1] - The Compensation Committee granted 10,000 restricted stock units (RSUs) to Mr. Smith as an inducement for his employment, in accordance with NASDAQ Listing Rule 5635(c)(4) [1] - The RSUs will vest in three equal parts over three years, contingent upon Mr. Smith's continued employment [1] Group 2 - electroCore, Inc. is a commercial-stage bioelectronic medicine and wellness company focused on non-invasive vagus nerve stimulation (nVNS) technology [2] - The company aims to commercialize medical devices for managing and treating specific medical conditions, as well as consumer products that utilize nVNS for general wellbeing and human performance [2]