A.P. Pharma, Inc.
A.P. Pharma Stockholders Approve 2007 Equity Incentive Plan and Amendment to 1997 Employee Stock Purchase Plan
Published in Health Business Week, January 4th, 2008
A.P. Pharma, Inc. (NASDAQ:APPA), a specialty pharmaceuticals company, announced the results of a special meeting of stockholders held December 14, 2007. Stockholders approved both items under consideration at the special meeting: 1) the adoption of the Company's 2007 Equity Incentive Plan comprising 3,000,000 shares of A.P. Pharma common stock reserved for issuance under the Plan, and 2) an amendment to the Company's 1997 Employee Stock Purchase Plan (ESPP) to increase by 100,000 the number of shares of common stock reserved for issuance under the ESPP.
The Company also announced it has made an option grant for 30,000 shares at an exercise price of $1.70 (the closing...
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Source: Health Business Week (2008-01-04)
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