SAN DIEGO, March 25, 2022 (GLOBE NEWSWIRE) -- aTyr Pharma, Inc. (Nasdaq: LIFE), a biotherapeutics company engaged in the discovery and development of innovative medicines based on novel biological pathways, today announced that the Compensation Committee of aTyr’s Board of Directors has granted ten employees nonstatutory stock options to purchase an aggregate of 58,400 shares of its common stock, each with an exercise price of $5.24 per share, which is equal to the closing price of aTyr’s common stock on the Nasdaq Capital Market on March 21, 2022, the effective date of the grants. These stock awards were granted as an inducement material to the new employees entering into employment with aTyr in accordance with Nasdaq Listing Rule 5635(c)(4).
aTyr Pharma Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
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