InspireMD Announces Inducement Stock Grants for New Employees Amid Financial Challenges.

InspireMD (NSPR) has announced inducement grants for eight new non-executive employees, aligning with Nasdaq Listing Rule 5635(c)(4). The grants consist of 122,054 shares of restricted stock, distributed outside the company's 2021 Equity Incentive Plan. InspireMD operates in the healthcare sector, focusing on innovative medical devices for vascular and coronary diseases. The company faces financial challenges with negative margins and declining revenue but maintains a strong balance sheet with low debt levels.