electroCore Announces Inducement Grant under NASDAQ Listing Rule 5635(c)(4)

May 3, 2024

https://www.globenewswire.com/news-release/2024/05/03/2875346/0/en/electroCore-Announces-Inducement-Grant-under-NASDAQ-Listing-Rule-5635-c-4.html

ROCKAWAY, N.J., May 03, 2024 (GLOBE NEWSWIRE) — electroCore, Inc. (the “Company”), (NASDAQ:ECOR), a commercial-stage bioelectronic medicine and wellness company, today announced that on May 1, 2024, Donald Melnikoff joined electroCore as the Company’s SVP, Engineering, Regulatory, and Compliance; the Compensation Committee of electroCore’s Board of Directors granted 10,000 restricted stock units (“RSUs”) to Mr. Melnikoff in connection with the commencement of his employment. The RSUs were granted as an inducement material to Mr. Melnikoff’s commencement of employment and were granted as an employment inducement award pursuant to NASDAQ Listing Rule 5635(c)(4).

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