Rapid Micro Biosystems Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

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May 09, 2023

LOWELL, Mass., May 09, 2023 (GLOBE NEWSWIRE) -- Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, granted equity awards on May 8, 2023 under the Company’s 2023 Inducement Plan as a material inducement to employment to Michael Wysocki. As previously announced, Mr. Wysocki was appointed by the Company to the position of Senior Vice President, Sales and Marketing, in May 2023. The equity awards were approved by a majority of the independent directors of the Board of Directors and granted by the Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4).