BioCryst Pharmaceuticals,Inc. (BCRX)

[Crack_Me_Up]

BCRX continues to lock shares, major squeeze on MMs and shorts. Glad to see the options of another 260,500 class A shares on HOLD, making the open-market-shares harder and harder for MMs to play with PPS.

The well is running low, major PPS spikes coming on any major news.

https://ih.advfn.com/stock-market/NASDAQ/biocryst-pharmaceuticals-BCRX/stock-news/83805940/biocryst-reports-inducement-grants-under-nasdaq-li


BioCryst Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

BioCryst Pharmaceuticals, Inc. (Nasdaq: BCRX) today announced that the compensation committee of BioCryst’s board of directors granted 13 newly-hired employees inducement options to purchase an aggregate of 260,500 shares of BioCryst common stock on November 30, 2020 as inducements material to each employee entering into employment with BioCryst. The options were granted in accordance with Nasdaq Listing Rule 5635(c)(4).

The options have an exercise price of $5.11 per share, which is equal to the closing price of BioCryst common stock on the grant date. The options vest in four equal annual installments beginning on the one-year anniversary of the grant date, in each case subject to the new employee’s continued service with the company. Each stock option has a 10-year term and is subject to the terms and conditions of BioCryst’s Inducement Equity Incentive Plan and a stock option agreement covering the grant.