Acutus Medical Broadcasts Inducement Grants Underneath Nasdaq Itemizing Rule 5635(c)(4)

Acutus Medical, Inc.

Acutus Medical, Inc.

CARLSBAD, Calif., Feb. 01, 2023 (GLOBE NEWSWIRE) — Acutus Medical, Inc. (“Acutus” or the “Firm”) (Nasdaq: AFIB), an arrhythmia administration firm centered on bettering the best way cardiac arrhythmias are recognized and handled, granted fairness awards on February 1, 2023 that had been permitted by the Compensation Committee of its Board of Administrators underneath Firm’s 2022 Inducement Fairness Incentive Plan, as a cloth inducement to employment to 7 people employed by Acutus in January 2023. The fairness awards had been permitted in accordance with Nasdaq Itemizing Rule 5635(c)(4).

The workers acquired, within the combination, 21,500 restricted inventory items (“RSUs”). One-fourth of the RSUs granted to every worker will vest yearly on every anniversary of the grant date, such that the RSUs granted to every worker will probably be totally vested on the fourth anniversary of the grant date, in every case, topic to every such worker’s continued employment with Acutus on such vesting date.

About Acutus Medical, Inc.
Acutus is an arrhythmia administration firm centered on bettering the best way cardiac arrhythmias are recognized and handled. Acutus is dedicated to advancing the sphere of electrophysiology with a novel array of merchandise and applied sciences which is able to allow extra physicians to deal with extra sufferers extra effectively and successfully. By inside product improvement, acquisitions and international partnerships, Acutus has established a world gross sales presence delivering a broad portfolio of extremely differentiated electrophysiology merchandise that present its clients with a whole answer for catheter-based therapy of cardiac arrhythmias. Based in 2011, Acutus is predicated in Carlsbad, California.

Warning Relating to Ahead-Wanting Statements
This press launch consists of statements which will represent “forward-looking” statements, often containing the phrases “will,” “consider,” “estimate,” “venture,” “anticipate” or comparable expressions. Ahead-looking statements inherently contain dangers and uncertainties that might trigger precise outcomes to vary materially from the forward-looking statements. Elements that will trigger or contribute to such variations embody, however usually are not restricted to, the Firm’s skill to proceed to handle bills and money burn price at sustainable ranges, continued acceptance of its merchandise within the market, the impact of worldwide financial situations on the power and willingness of shoppers to buy the Firm’s programs and the timing of such purchases, aggressive components, modifications ensuing from healthcare coverage in the USA and globally, together with modifications in authorities reimbursement of procedures, dependence upon third-party distributors and distributors, timing of regulatory approvals, the affect of the coronavirus (COVID-19) pandemic and Acutus’ response to it, and different dangers mentioned within the Firm’s periodic and different filings with the Securities and Trade Fee. By making these forward-looking statements, Acutus undertakes no obligation to replace these statements for revisions or modifications after the date of this launch, besides as required by legislation.

Investor Contact:

Media Contact:

Caroline Nook


Westwicke ICR

(260) 408-5383

D: 415-202-5678

[email protected]

[email protected]

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