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

Syndax Pharmaceuticals, a commercial-stage company developing cancer therapies, granted five new employees awards to buy up to 213,500 shares of common stock on November 4, 2026. The awards were granted as hiring incentives under the company's 2023 Inducement Plan.

Key details

  • The grants were made under Nasdaq Listing Rule 5635(c)(4), a Nasdaq stock exchange rule.
  • The stock options vest over four years. 25% of the underlying shares vest on the one-year anniversary of the vesting start date, and 1/48th of the underlying shares vest each month after that over 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.

NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Syndax Pharmaceuticals (Nasdaq: SNDX), a commercial-stage biopharmaceutical company advancing innovative cancer therapies, today announced that on November 4, 2026, the Company granted inducement awards to purchase up to 213,500 shares of common stock to five 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

View original source (GlobeNewswire)Syndax Pharmaceuticals, Inc. on 6ix

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