Arcus Biosciences Announces New Employment Inducement Grants

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Arcus Biosciences ($NYSE:RCUS), Inc. announced today that it has granted inducement stock options to purchase an aggregate of 60,000 shares of its common stock to five new employees, as an inducement material to their becoming employed with Arcus, pursuant to Nasdaq Marketplace Rule 5635.

Share Price

Arcus Biosciences Inc. announced on Wednesday the grant of inducement stock options to five new employees. The options were granted as an inducement material to the new employees in accordance with Nasdaq Marketplace Rule 5635. The options have an exercise price of $26.80 per share, which is the closing price of Arcus Biosciences’ common stock on the grant date. The news of the stock options grant has caused mixed reactions in the media. Some are skeptical of the move, citing the current volatile state of the stock market.

However, others see it as a positive sign for the company, demonstrating their commitment to attracting and retaining top talent. On Wednesday, ARCUS BIOSCIENCES stock opened at $26.6 and closed at $26.8, up by 3.5% from its previous closing price of $25.9. This uptick may be due to investors seeing the stock options grant as a positive sign for the company’s future.

VI Analysis

Companies that are strong in asset and growth potential but weak in profitability and dividend potential are classified as ‘cheetahs’. These companies are considered less stable due to lower profitability, but they may be able to achieve high revenue or earnings growth. ARCUS BIOSCIENCES falls into this category. The company’s fundamentals reflect its long-term potential, but it is considered less stable due to lower profitability.

The VI Star Chart shows that ARCUS BIOSCIENCES is strong in asset and growth potential but weak in profitability and dividend potential. The company has an intermediate health score of 4/10 with regard to its cashflows and debt, which means it may be able to pay off debt and fund future operations.

Summary

The options will vest in three equal annual installments on the first, second and third anniversaries of the date of grant, and will expire five years from the date of vesting. The stock options were granted as an inducement material to each individual’s acceptance of employment with Arcus in accordance with Nasdaq Listing Rule 5635.