Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
NEW YORK, May 8, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards.
- NEW YORK, May 8, 2024 /PRNewswire/ -- Stagwell Inc. (the "Company") announced today the grant of equity inducement awards.
- Effective May 3, 2024, the Company granted a total of 24,403 restricted stock units to three new employees.
- Each restricted stock unit represents the right to receive one share of the Company's Class A common stock.
- The Company granted these awards as a material inducement to employment in accordance with Nasdaq Listing Rule 5635(c)(4).