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Opus Genetics Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

1. Opus Genetics granted 240,000 stock options to new employees. 2. Options vest over four years; exercise price is $0.94. 3. Company focuses on gene therapies for inherited retinal diseases. 4. Lead candidate OPGx-LCA5 shows promising results in trials. 5. Additional therapies in pipeline include treatments for diabetic retinopathy.

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FAQ

Why Bullish?

The granting of equity awards indicates confidence in future growth, enhancing employee retention. Historically, such employee incentives often correlate with positive stock price movements, especially in clinical-stage companies anticipating breakthroughs.

How important is it?

The article discusses key employee incentives that could align with strategic growth plans, indicating potential for future positive performance. Given the focus on retinal treatments, these developments could attract investor attention in an underserved market.

Why Long Term?

The phased vesting schedule suggests a commitment to future development, which could stabilize performance over time. Similar biotech firms have seen long-term stock gains after successful developments in pipeline products.

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OPGLCADMAC
July 03, 2025 16:30 ET  | Source: Opus Genetics, Inc. RESEARCH TRIANGLE PARK, N.C., July 03, 2025 (GLOBE NEWSWIRE) -- Opus Genetics, Inc. (Nasdaq: IRD), a clinical-stage biopharmaceutical company developing gene therapies for the treatment of inherited retinal diseases (IRDs) and small molecule therapies for other ophthalmic disorders (the “Company”), today announced that, on June 30, 2025, it granted equity awards to two new non-executive employees as a material inducement to employment. The equity awards were granted under the Company’s 2021 Inducement Plan, as amended, and were approved by the Compensation Committee of the Company’s Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4). The equity awards consisted of stock options to purchase an aggregate of 240,000 shares of the Company’s common stock and 150,000 restricted stock units (“RSUs”). The stock options have an exercise price of $0.94, which is equal to the closing price of the Company’s common stock on the grant date of June 30, 2025. The options vest over a period of four years, with 25% vesting on the one-year anniversary of the grant date and the remaining 75% vesting in equal quarterly installments at the end of each quarter thereafter. The RSUs vest in four equal installments on the first, second, third and fourth anniversary of the grant date. All equity awards are subject to the employees’ continued employment with the Company on the applicable vesting dates. About Opus Genetics The Company is a clinical-stage biopharmaceutical company developing gene and small molecule therapies for vision-threatening eye diseases. The Company’s pipeline features AAV-based gene therapies targeting inherited retinal diseases including Leber congenital amaurosis (LCA), bestrophinopathy, and retinitis pigmentosa. Its lead candidate, OPGx-LCA5, is in a Phase 1/2 trial for LCA5-related mutations and has shown encouraging early results. Additional programs include OPGx-BEST1, a gene therapy targeting BEST1-related retinal degeneration and a Phase 3-ready small molecule therapy for diabetic retinopathy, developed under a Special Protocol Assessment with the FDA. The Company is also advancing Phentolamine Ophthalmic Solution 0.75%, a partnered therapy currently approved in one indication and is being studied in two Phase 3 programs for presbyopia and dim light vision disturbances. The Company is based in Research Triangle Park, NC. For more information, visit www.opusgtx.com. ContactsInvestorsJenny KobinRemy BernardaIR Advisory Solutionsir@opusgtx.com MediaKimberly HaKKH Advisors917-291-5744kimberly.ha@kkhadvisors.com Source: Opus Genetics, Inc.

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