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C.E.O. of Cardica was just granted 4,891,169 options

Julian Nikolchev, C.E.O. of Cardica, just received 4,891,169 options from the company. The strike price of the options received was $0.28, and these expire on October 15, 2025. Nikolchev now owns at least 4,891,169 options on the company.

Some additional info was provided as follows: