TransMedics recently announced the issuance of inducement grants under NASDAQ Listing Rule 5635(c)(4). The grants were awarded to new employees as a way to attract top talent to the company.
These grants are a common practice among companies looking to recruit skilled individuals to their team. The inducement grants are designed to provide new employees with an incentive to join the company and contribute to its success.
TransMedics’ decision to issue these grants under NASDAQ Listing Rule 5635(c)(4) demonstrates their commitment to building a strong and talented workforce. By offering inducement grants, the company is able to attract individuals who possess the skills and experience needed to help the company achieve its goals.
Overall, these inducement grants serve as a valuable tool for companies like TransMedics to attract top talent and build a team of skilled professionals.