Press Releases April 1, 2026

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

NewAmsterdam Pharma awards inducement grants under Nasdaq rules to new non-executive hires

By Derek Hwang NAMS
NewAmsterdam Pharma Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
NAMS

NewAmsterdam Pharma, a clinical-stage biopharmaceutical company focused on developing oral, non-statin LDL cholesterol-lowering therapies, announced inducement share options and restricted stock units granted to two new non-executive employees as part of its 2024 Inducement Plan. The grants comply with Nasdaq Listing Rule 5635(c)(4) and vest over three to four years based on continued service.

Key Points

  • NewAmsterdam Pharma granted 15,000 share options and 3,200 restricted stock units to two newly hired non-executive employees as inducements.
  • The share options have an exercise price of $32.81, equal to the market closing price on April 1, 2026, and vest over four years; restricted stock units vest over three years.
  • The company is focusing on developing obicetrapib, an oral CETP inhibitor for LDL-C lowering in cardiovascular disease patients not well served by existing therapies.
  • Impacted sectors include biotechnology, pharmaceuticals, and cardiovascular treatment markets.

NAARDEN, the Netherlands and MIAMI, April 02, 2026 (GLOBE NEWSWIRE) -- NewAmsterdam Pharma Company N.V. (Nasdaq: NAMS or “NewAmsterdam” or the “Company”), a late-stage, clinical biopharmaceutical company developing oral, non-statin medicines for patients at risk of cardiovascular disease (“CVD”) with elevated low-density lipoprotein cholesterol (“LDL-C”), for whom existing therapies are not sufficiently effective or well-tolerated, today announced that the Compensation Committee of NewAmsterdam’s Board of Directors approved the grant of inducement share options covering an aggregate of 15,000 of NewAmsterdam’s ordinary shares to two non-executive new hires. The share options were granted as an inducement material to the employees acceptance of employment with NewAmsterdam pursuant to the NewAmsterdam Pharma Company N.V. 2024 Inducement Plan (the “2024 Inducement Plan”) and in accordance with Nasdaq Listing Rule 5635(c)(4).

The share options have an exercise price per share equal to $32.81, which represents the closing market price on the Nasdaq Stock Market of the Company’s ordinary shares on April 1, 2026, the grant date. The shares subject to the options will vest over four years, with 25% of the shares vesting on the one-year anniversary of the applicable vesting commencement date and the balance of the shares vesting in a series of 36 equal monthly installments thereafter, subject to each employee’s continued service with NewAmsterdam on such vesting dates. The options are subject to the terms and conditions of the 2024 Inducement Plan and the terms and conditions of an option award agreement covering the grant.

The Compensation Committee of NewAmsterdam’s Board of Directors also approved the grant of restricted stock units covering an aggregate of 3,200 of NewAmsterdam’s ordinary shares to two non-executive new hires. The restricted stock units were granted as an inducement material to the employees’ acceptance of employment with NewAmsterdam pursuant to the 2024 Inducement Plan and in accordance with Nasdaq Listing Rule 5635(c)(4).

The restricted stock units were granted on April 1, 2026. The restricted stock units will vest over three years, with one-third of the restricted stock units vesting on each of the one-year, two-year and three-year anniversaries of the applicable vesting commencement date, subject to each employee’s continued service with NewAmsterdam on such vesting dates. The restricted stock units are subject to the terms and conditions of the 2024 Inducement Plan and the terms and conditions of a restricted stock unit award agreement covering the grant.

About NewAmsterdam
NewAmsterdam Pharma (Nasdaq: NAMS) is a late-stage biopharmaceutical company whose mission is to improve patient care in populations with metabolic diseases where currently approved therapies have not been adequate or well tolerated. We seek to fill a significant unmet need for a safe, well-tolerated and convenient LDL-lowering therapy. In multiple phase 3 studies, NewAmsterdam is investigating obicetrapib, an oral, low-dose and once-daily CETP inhibitor, alone or as a fixed-dose combination with ezetimibe, as LDL-C lowering therapies to be used as an adjunct to statin therapy for patients at risk of CVD with elevated LDL-C, for whom existing therapies are not sufficiently effective or well tolerated.

Company Contact
Matthew Philippe
P: 1-917-882-7512
[email protected]


Risks

  • The inducement grants depend on continued employment, introducing retention risk if employees leave before full vesting.
  • Clinical and regulatory risks remain for obicetrapib as a late-stage candidate addressing unmet medical needs in LDL-C management.
  • Market acceptance and competition in the cardiovascular therapeutics sector may impact NewAmsterdam's future prospects.

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