ROCKET PHARMACEUTICALS, INC.
For the period ended Jun 30, 2025. Filed Aug 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Aug 7, 2025
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Stock Option Valuation
The weighted average assumptions that the Company used in a Black-Scholes pricing model to determine the fair value of stock options granted to employees, non-employees and directors were as follows:
| Six Months Ended June 30, | ||
|---|---|---|
| 2025 | 2024 | |
| Risk-free interest rate | 4.31% | 4.94% |
| Expected term (in years) | 5.42 | 5.82 |
| Expected volatility | 71.68% | 73.69% |
| Expected dividend yield | 0.00% | 0.00% |
| Exercise price | $10.51 | $27.90 |
| Fair value of common stock | $10.51 | $27.90 |
The following table summarizes stock option activity for thesix months ended June 30, 2025:
| Weighted · Weighted | |||||
|---|---|---|---|---|---|
| Average · Average · Aggregate | |||||
| Number of · Exercise · Contractual · Intrinsic | |||||
| Shares · Price · Term (Years) · Value | |||||
| Outstanding as of December 31, 2024 | 16,044,686 | $16.19 | 4.67 | $63,295 | |
| Granted | 1,674,281 | 10.51 | 9.13 | ||
| Exercised | (952,313) | 0.00 | - | ||
| Cancelled or forfeited | (404,485) | 21.20 | |||
| Outstanding as of June 30, 2025 | 16,362,169 | $16.43 | 4.67 | $6,452 | |
| Options vested and exercisable as of June 30, 2025 | 13,433,193 | $16.43 | 3.75 | $6,452 | |
| Options unvested as of June 30, 2025 | 2,928,976 | $16.43 | 8.87 | $ | - |
The weighted average grant-date fair value per share of stock options granted during the six months ended June 30, 2025, and 2024 was$5.86 and$18.80, respectively.
The total fair value of options vested during the six months ended June 30, 2025, and 2024 was$18.8 million and$19.3 million, respectively.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.