European Wax Center, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

PLANO, Texas, Aug. 19, 2025 (GLOBE NEWSWIRE) -- European Wax Center, Inc. (NASDAQ: EWCZ) (the “Company” or “European Wax Center”), the leading franchisor and operator of out-of-home waxing services in the United States, announced that effective as of August 18, 2025, and in connection with the previously announced appointment of Angela Jaskolski as the Company’s Chief Operating Officer, the Company’s Board of Directors (the “Board”) approved grants of (i) restricted stock units (“RSUs”) covering 125,000 shares of the Company’s Class A common stock (the “Jaskolski RSUs”), (ii) non-qualified stock option awards to purchase 195,000 shares of the Company’s Class A common stock with an exercise price of $4.66, which is equal to the closing price of the Company’s Class A common stock on the Nasdaq Stock Market on August 18, 2025, (iii) non-qualified stock option awards to purchase 135,000 shares of the Company’s Class A common stock with an exercise price of $9.00, and (iv) non-qualified stock option awards to purchase 135,000 shares of the Company’s Class A common stock with an exercise price of $12.00 ((ii), (iii) and (iv) collectively, the “Jaskolski Options”).

Read more at globenewswire.com