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Monotype Reports Inducement Grants Under Nasdaq Marketplace Rule 5635(c)

Aug 12, 2016 - Business Wire

Monotype (Nasdaq: TYPE), a leader in helping to empower expression and engagement through type, technology and expertise, today announced that in association with its August 9, 2016 acquisition of Olapic, Inc., and in compliance with Nasdaq Marketplace Rule 5635(c), Monotype has granted equity awards as inducement awards to employees of Olapic who are now joining Monotype.

In connection with the transaction, Monotype has awarded 104,156 shares of restricted common stock to each of Pau Sabr...