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Solesence, Inc. (NASDAQ:SLSN) announced Tuesday it has entered into a separation agreement with former Chief Executive Officer Jess Jankowski, following his previously reported resignation as an officer of the company.
According to a statement based on a recent SEC filing, the agreement, effective as of December 2, 2025, provides for Mr. Jankowski to receive severance pay totaling $366,912. In addition, all of Mr. Jankowski’s outstanding stock options will vest immediately. The company will also pay monthly insurance premiums for Mr. Jankowski’s participation in its group health insurance plan through COBRA during the severance period.
As part of the agreement, Mr. Jankowski has released any claims against Solesence and its representatives. He has also confirmed his ongoing obligations to the company, which include compliance with certain restrictive covenants and assisting Solesence, upon request, in potential disputes.
Solesence’s common stock is listed on the NASDAQ Stock Market under the symbol SLSN. The company is incorporated in Delaware and is based in Romeoville, Illinois.
The information in this article is based on a press release statement contained in a recent SEC filing.
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