Kalytera Announces Grant of Stock Options to Directors and Employees

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Sep 25, 2018
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SAN FRANCISCO and TEL AVIV, Israel, Sept. 24, 2018 (GLOBE NEWSWIRE) -- Kalytera Therapeutics, Inc. (TSX VENTURE: KALY and OTCQB: KALTF) (the "Company" or "Kalytera") today announced that it has granted stock options on September 24, 2018 to certain directors and employees of the Company. The stock options have an exercise price of $0.135 per common share and expire ten years from the date of grant. One third of the options granted will vest on September 24, 2019 and the remaining options will vest in twenty-four (24) equal monthly installments commencing October 2019.