Intellia Therapeutics, a leading clinical-stage gene editing company, has recently disclosed inducement grants under the Nasdaq Listing Rule 5635(c)(4). As a pioneer in the field of CRISPR-based therapies, Intellia is committed to developing innovative medicines that address critical medical needs and enhance patient care standards. Through the expansion of gene editing capabilities with novel technologies, Intellia is leading the charge into a new era of medicine. More information and updates about their groundbreaking work can be found on Intellia’s website.

On June 1, 2025, Intellia announced that it had awarded an inducement grant to six new employees under the company’s 2024 Inducement Plan, aiming to provide a substantial inducement for employment. This inducement grant included time-based restricted stock units (RSUs) for 33,600 shares of Intellia’s common stock. A third of these RSUs will vest on June 1 of 2026, 2027, and 2028. The equity vesting is, however, contingent on the employees’ continued service with Intellia through the applicable vesting dates.

These awards were granted outside of Intellia’s stockholder-approved equity incentive plans, under the 2024 Inducement Plan, which was adopted by the board of directors in June 2024. They were approved by Intellia’s compensation committee as a substantial inducement to accepting employment with the company, in line with Nasdaq Listing Rule 5635(c)(4).

Intellia Therapeutics (NASDAQ:NTLA) aims to revolutionize medicine with its focus on CRISPR-based therapies. Since its inception, the company has been leveraging its deep scientific, technical, and clinical development experience to develop novel, first-in-class medicines. These pioneering solutions are specifically designed to address important unmet medical needs, and to advance the treatment paradigm for patients.

The company’s dedication to expanding the capabilities of its CRISPR-based platform with innovative editing and delivery technologies is helping to set the standard for a new class of medicine. The relentless pursuit of harnessing the full potential of gene editing is a testament to the vision and tenacity of the team at Intellia. Their relentless drive and commitment to innovation are the bedrock of the company’s ongoing success and growth in the rapidly evolving field of gene editing.

For more in-depth information about Intellia’s work and their latest developments, visit intelliatx.com and follow them @intelliatx on social media.

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