Galecto, Inc. granted 312,535 stock options to a new employee on Dec. 15, 2025, per Nasdaq rules.

Unusual Whales
2025.12.16 22:01
On December 15, 2025, Galecto, Inc. (Nasdaq: GLTO) based in Boston, approved the granting of non-qualified stock options for the purchase of 312,535 shares of the company's common stock to a new employee. This grant, known as the "Inducement Grant," was issued in accordance with the company's 2022 Inducement Plan and was considered a significant inducement for the new employee to join the company. This decision aligns with Nasdaq Listing Rule 5635(c)(4).