Syndax Pharmaceuticals, Inc.NASDAQ: SNDX

Syndax Pharmaceuticals Reports Inducement Grants Under NASDAQ Listing Rule 5635(c)(4)

· Issued by Syndax Pharmaceuticals, Inc. via GlobeNewswire

Summary by 6ix AI

On October 1, 2026, Syndax Pharmaceuticals, a biopharmaceutical company working on cancer therapies, granted nine new employees stock options to buy up to 213,300 shares of common stock under its 2023 Inducement Plan. The awards were reported under Nasdaq Listing Rule 5635(c)(4).

Key details

  • The options vest over four years: 25% of the underlying shares vest on the one-year anniversary of the vesting start date, and 1/48th vest monthly over the following 36 months.

What’s still pending

  • Vesting depends on each employee's continued service relationship with Syndax through the applicable vesting dates.

6ix AI wrote this summary from the release below and checked it against the release.

Syndax Pharmaceuticals, Inc.

NEW YORK, Oct. 02, 2026 (GLOBE NEWSWIRE) -- Syndax Pharmaceuticals (Nasdaq: SNDX), a commercial-stage biopharmaceutical company advancing innovative cancer therapies, today announced that on October 1, 2026, the Company granted inducement awards to purchase up to 213,300 shares of common stock to nine new employees under the Company's 2023 Inducement Plan. The stock options will vest over four years, with 25% of the underlying shares vesting on the one-year anniversary of the vesting commencement date and 1/48th of the underlying shares vesting monthly thereafter over 36 months, subject to the employee's continued service relationship with Syndax through the applicable vesting dates.

About Syndax
Syndax Pharmaceuticals is a commercial-stage biopharmaceutical company advancing innovative cancer therapies. Highlights of the Company's pipeline include Revuforj® (revumenib), an FDA-approved menin inhibitor, and Niktimvo™ (axatilimab-csfr), an FDA-approved monoclonal antibody that blocks the colony stimulating factor 1 (CSF-1) receptor. Fueled by our commitment to reimagining cancer care, Syndax is working to unlock the full potential of its pipeline and is conducting several clinical trials across the continuum of treatment. For more information, please visit www.syndax.com or follow the Company on X and LinkedIn.

Syndax Contact

Sharon Klahre
Syndax Pharmaceuticals, Inc.
[email protected]
Tel 781.684.9827

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