CAMBRIDGE, Mass., March 31, 2023 (GLOBE NEWSWIRE) — Pyxis Oncology, Inc. (Nasdaq:PYXS), a clinical-stage company focused on developing next-generation therapeutics to target difficult-to-treat cancers, reported today that Pyxis Oncology’s Compensation Committee of the Board of Directors granted restricted stock units with respect to an aggregate of 54,010 shares of Pyxis Oncology’s common stock and stock options to purchase an aggregate of 67,513 shares of Pyxis Oncology’s common stock to three newly hired employees. The awards were granted under the Pyxis Oncology, Inc. 2022 Inducement Plan with a grant date of March 31, 2023, as an inducement material to the new employee entering employment with Pyxis Oncology, in accordance with Nasdaq Listing Rule 5635(c)(4).

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