On June 9, 2022, Matthew Dyer, Ph.D. delivered his resignation as Quantum-Si Incorporated's (the Company) Chief Business Officer, effective as of June 15, 2022 (the Effective Date). In connection with Dr. Dyer's termination of employment, the Company and Dr. Dyer entered into a separation agreement (the Separation Agreement), dated as of June 10, 2022, which provides, among other things, that (i) the Company will pay Dr. Dyer severance pay equal to $300,000, or nine months of his current annual base salary, payable on the Company's first regularly scheduled payroll date following the Effective Date; and (ii) for the period of July 1, 2022 through March 31, 2023, the Company will pay the costs of Dr. Dyer's COBRA health insurance if he enrolls in COBRA coverage; provided that Dr. Dyer does not revoke the Separation Agreement on or before June 17, 2022. The Separation Agreement also includes other customary provisions.
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5-day change | 1st Jan Change | ||
1.845 USD | +2.50% | +4.83% | -8.21% |
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1st Jan change | Capi. | |
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-8.21% | 255M | |
+23.75% | 46.71B | |
+48.83% | 41.8B | |
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+10.94% | 25.78B | |
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+2.86% | 12.14B | |
-3.30% | 12.08B | |
+30.16% | 11.98B |
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- Quantum-Si Incorporated Announces Resignation of Matthew Dyer as Chief Business Officer, Effective from June 15, 2022