ESPP

Arvinas Reports Fourth Quarter and Full Year 2023 Financial Results and Provides Corporate Update

Retrieved on: 
Tuesday, February 27, 2024

NEW HAVEN, Conn., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Arvinas, Inc. (Nasdaq: ARVN), a clinical-stage biotechnology company creating a new class of drugs based on targeted protein degradation, today reported financial results for the fourth quarter and full year ended December 31, 2023, and provided a corporate update.

Key Points: 
  • Median PFS of 11.1 and 11.0 months in patients with ESR1 wild-type and ESR1 mutant tumors, respectively.
  • Announced the appointment of Randy Teel, Ph.D., Arvinas’ current senior vice president of corporate and business development, to the role of interim chief financial officer and treasurer.
  • The Arvinas Board of Directors has launched a formal search process to identify Mr. Cassidy’s permanent replacement.
  • Revenues: Revenue was $78.5 million and $(43.1) million for the year and quarter ended December 31, 2023 as compared with $131.4 million and $38.0 million for the year and quarter ended December 31, 2022.

Wallbox Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 28, 2024

Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement.

Key Points: 
  • Any forward-looking statement that Wallbox makes in this press release speaks only as of the date of such statement.
  • Wallbox reports its financial information required in accordance with the International Financial Reporting Standards (“IFRS”).
  • Wallbox defines EBITDA as loss for the period before income tax credit, financial income, interest expenses, amortization and depreciation and share of profit of equity-accounted investees.
  • We compensate for these limitations by relying primarily on our IFRS results and using the Non-IFRS Measures only as supplemental measures.

Nokia Board of Directors approved the Nokia Long-Term Incentive Plan 2024–2026 and the Employee Share Purchase Plan 2024–2026

Retrieved on: 
Thursday, January 25, 2024

Espoo, Finland – Nokia Board of Directors has approved the new share-based long-term incentive plan and an employee share purchase plan under which awards may be granted until December 31, 2026.

Key Points: 
  • Espoo, Finland – Nokia Board of Directors has approved the new share-based long-term incentive plan and an employee share purchase plan under which awards may be granted until December 31, 2026.
  • Nokia’s Long-term Incentive Plan for 2024–2026 (LTI Plan) is a key tool which supports these objectives.
  • Under the LTI Plan the company may grant eligible executives and other employees awards in the form of both performance shares and restricted shares.
  • The purpose of the Employee Share Purchase Plan (ESPP) is to encourage share ownership within the Nokia employee population, increasing engagement and sense of ownership in the company.

Morgan Stanley at Work Unveils Technology Enhancements for End of Year 2023

Retrieved on: 
Wednesday, December 20, 2023

Morgan Stanley at Work announced a series of technology enhancements that drive increased automation and efficiency across a widening ecosystem of workplace benefits solutions for equity compensation, retirement, deferred compensation, executive services, saving and giving, and financial wellness.

Key Points: 
  • Morgan Stanley at Work announced a series of technology enhancements that drive increased automation and efficiency across a widening ecosystem of workplace benefits solutions for equity compensation, retirement, deferred compensation, executive services, saving and giving, and financial wellness.
  • Morgan Stanley at Work platforms Equity Edge Online® (EEO) and Shareworks together serve roughly 40% of the S&P 500 in the US.1 Enhancements to EEO include:
    Redesigned and updated stock plan participant accounts now have Morgan Stanley at Work as their primary brand for a more unified and streamlined experience, moving toward a single Morgan Stanley at Work user account structure.
  • Additionally, enhancements to core ad hoc data sources and files have streamlined daily operational processes such as cash reconciliation.
  • In these types of challenging operating environments, digital solutions become key to drive efficiency and connect with participants in meaningful ways,” said Mark Mitchell, Chief Product Officer of Morgan Stanley at Work.

Cloud Ratings Initiates Research Coverage of Cap Table + Equity Management Software

Retrieved on: 
Wednesday, September 6, 2023

Key Points: 
  • The full report is available at: https://cloudratings.com/cap-table-equity-management-software/
    Defining Cap Table + Equity Management Software:
    Cap Table + Equity Management Software is a comprehensive digital solution designed to help companies efficiently manage and administer their equity-based compensation plans, such as stock options, restricted stock units (RSUs), and employee stock purchase programs (ESPPs) and overall cap table.
  • This software enables organizations to automate the complex processes associated with equity grants, including grant tracking, vesting schedules, and compliance reporting.
  • "Maintaining a literally flawless cap table, running efficient 409a valuations, and modeling waterfalls are requirements for any finance department today," commented Matt Harney, Founder of Cloud Ratings.
  • "Our Cloud Ratings research agenda for the 2nd half of 2023 will prioritize the Finance function, including this coverage of Cap Table + Equity Management Software and Subscription Management Software .."

IDEX Biometrics: Employee Share Purchase Plan - 1 Sep 2023

Retrieved on: 
Friday, September 1, 2023

The board of directors of IDEX Biometrics ASA has resolved to issue 1,935,611 ordinary shares at NOK 0.55 per share to employees who participate in the company’s 2022 Employee Share Purchase Plan (ESPP).

Key Points: 
  • The board of directors of IDEX Biometrics ASA has resolved to issue 1,935,611 ordinary shares at NOK 0.55 per share to employees who participate in the company’s 2022 Employee Share Purchase Plan (ESPP).
  • The participating employees have elected to invest a part of the base salary in ordinary shares in the company.
  • Following the issue, the company's share capital will be NOK 197,695,403.25 divided into 1,317,969,355 shares, each with a nominal value of NOK 0.15.
  • IDEX Biometrics discloses transactions by the following primary insiders in IDEX Biometrics shares ISIN NO0003070609:
    CEO Vince Graziani acquired 180,753 ordinary shares at NOK 0.55 per share.

Morgan Stanley at Work Announces 2023 Mid-Year Technology Enhancements

Retrieved on: 
Thursday, July 13, 2023

Completing the initial phase of migrating E*TRADE onto the same back-office and brokerage license as Morgan Stanley, allowing participants to transfer assets from any account within the firm.

Key Points: 
  • Completing the initial phase of migrating E*TRADE onto the same back-office and brokerage license as Morgan Stanley, allowing participants to transfer assets from any account within the firm.
  • Additionally, Morgan Stanley at Work now offers deferred compensation technology solutions to support plan sponsors and participants, from record keeping, to digital enrollment, plan management and reporting.
  • “Since the very beginning of Morgan Stanley at Work, our mission has been to reinvent the user experience for companies and their participants, delivering a more intuitive ecosystem that plugs our workplace offering into the full power and potential of Morgan Stanley as a whole,” said Mark Mitchell, Chief Product Officer of Morgan Stanley at Work.
  • S&P 500® Companies Represented includes companies for which Morgan Stanley at Work provides equity compensation solutions as of March 2023.

Eargo Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Thursday, March 23, 2023

SAN JOSE, Calif., March 23, 2023 (GLOBE NEWSWIRE) -- Eargo, Inc. (Nasdaq: EAR) (“Eargo” or the “Company”), a medical device company on a mission to improve hearing health, today reported its financial results for the fourth quarter ended December 31, 2022.

Key Points: 
  • Net revenues of $12.9 million in the fourth quarter of 2022, compared to $10.1 million in the fourth quarter of 2021 and $7.9 million in the third quarter of 2022
    Gross systems shipped of 8,863, compared to 7,767 in the fourth quarter of 2021
    GAAP operating loss $23.9 million in the fourth quarter of 2022, compared to $45.2 million in the fourth quarter of 2021 and $26.0 million in the third quarter of 2022
    Cash and cash equivalents of $101.2 million as of December 31, 2022
    SAN JOSE, Calif., March 23, 2023 (GLOBE NEWSWIRE) -- Eargo, Inc. (Nasdaq: EAR) (“Eargo” or the “Company”), a medical device company on a mission to improve hearing health, today reported its financial results for the fourth quarter ended December 31, 2022.
  • Gross systems shipped for the fourth quarter of 2022 were 8,863, compared to 7,767 during the fourth quarter of 2021.
  • Net revenue was $12.9 million for the fourth quarter of 2022, compared to $10.1 million for the fourth quarter of 2021.
  • Gross margin was 47.7% for the fourth quarter of 2022, compared with 24.0% for the fourth quarter of 2021.

IDEX Biometrics: Employee Share Purchase Plan - 1 March 2023

Retrieved on: 
Wednesday, March 1, 2023

The board of directors of IDEX Biometrics ASA has resolved to issue 2,648,336 ordinary shares at NOK 0.71 per share to employees who participate in the company’s 2022 Employee Share Purchase Plan (ESPP).

Key Points: 
  • The board of directors of IDEX Biometrics ASA has resolved to issue 2,648,336 ordinary shares at NOK 0.71 per share to employees who participate in the company’s 2022 Employee Share Purchase Plan (ESPP).
  • The participating employees have elected to invest a part of the base salary in ordinary shares in the company.
  • Following the issue, the company's share capital will be NOK 175,346,238.- divided into 1,168,974,920 shares, each with a nominal value of NOK 0.15.
  • IDEX Biometrics discloses transactions by the following primary insiders in IDEX Biometrics shares ISIN NO0003070609:
    CEO Vince Graziani acquired 145,121 ordinary shares at NOK 0,71 per share.

Phosphate Rock Global Market Report 2022: Increasing Food and Feed Production Bolsters Sector Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 11, 2023

The regions covered in the phosphate rock market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Key Points: 
  • The regions covered in the phosphate rock market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • An increase in food and feed production is expected to propel the growth of the phosphate rock market going forward.
  • The process of making food helps the phosphate rock market by turning edible raw ingredients into consumable food products, which need to use fertilizer more frequently to increase food production.
  • Therefore, an increase in food and feed production is expected to propel the growth of the phosphate rock market.