DelphX Announces Grant of Stock Options
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), a company focused on developing structured products for the fixed income market, has announced a new stock option grant. The Board of Directors has approved 1,750,000 stock options for eligible participants under its stock option plan. These options come with a two-year maturity period and can be exercised at $0.20 per common share.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), un'azienda focalizzata sullo sviluppo di prodotti strutturati per il mercato obbligazionario, ha annunciato un nuovo conferimento di opzioni su azioni. Il Consiglio di Amministrazione ha approvato 1.750.000 opzioni su azioni per i partecipanti idonei nell'ambito del suo piano di opzioni su azioni. Queste opzioni hanno un periodo di scadenza di due anni e possono essere esercitate a $0,20 per azione comune.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), una empresa enfocada en desarrollar productos estructurados para el mercado de renta fija, ha anunciado una nueva concesión de opciones sobre acciones. La Junta de Directores ha aprobado 1.750.000 opciones sobre acciones para los participantes elegibles bajo su plan de opciones sobre acciones. Estas opciones tienen un período de vencimiento de dos años y se pueden ejercer a $0,20 por acción ordinaria.
델프X 캐피탈 마켓(TSXV: DELX) (OTCQB: DPXCF)는 고정 수익 시장을 위한 구조화된 제품 개발에 초점을 맞춘 회사로, 새로운 주식 옵션 부여를 발표했습니다. 이사회는 주식 옵션 계획에 따라 자격이 있는 참가자에게 1,750,000개의 주식 옵션을 승인했습니다. 이 옵션은 2년 만기이며, 주당 $0.20에 행사할 수 있습니다.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), une entreprise axée sur le développement de produits structurés pour le marché de la dette, a annoncé un nouveau programme d'options sur actions. Le conseil d'administration a approuvé 1 750 000 options sur actions pour les participants éligibles dans le cadre de son plan d'options sur actions. Ces options ont une période de maturité de deux ans et peuvent être exercées à 0,20 $ par action ordinaire.
DelphX Capital Markets (TSXV: DELX) (OTCQB: DPXCF), ein Unternehmen, das sich auf die Entwicklung strukturierten Produkte für den Rentenmarkt konzentriert, hat eine neue Aktienoptionsgewährung angekündigt. Der Vorstand hat 1.750.000 Aktienoptionen für berechtigte Teilnehmer im Rahmen seines Aktienoptionsplans genehmigt. Diese Optionen haben eine Zwei-Jahres-Laufzeit und können zu $0,20 pro Stammaktie ausgeübt werden.
- Stock options grant provides incentive alignment between option holders and shareholders
- Potential dilution of 1,750,000 shares if all options are exercised
- Exercise price of $0.20 represents potential dilution value of $350,000
Toronto, Ontario--(Newsfile Corp. - December 31, 2024) - DelphX Capital Markets Inc. (TSXV: DELX) (OTCQB: DPXCF) ("DelphX"), a leader in the development of new classes of structured products for the fixed income market, announces that its Board of Directors has approved the grant of 1,750,000 stock options (the "Options") to eligible participants under its stock option plan (the "Plan"). The Options have a two-year maturity and are exercisable for common shares of DelphX at an exercise price of
About DelphX Capital Markets Inc.
DelphX is a technology and financial services company focused on developing and distributing the next generation of structured products. Through its special purpose vehicle Quantem LLC, the Company enables fixed income dealers to offer new private placement securities that provide mitigation of spread and capital charge losses when downgrades occur, while allowing for attractive returns. The new DelphX securities will enable dealers and their qualified institutional investors (QIBs) accounts to competitively structure, sell and make markets in:
- Collateralized put options (CPOs) that provide secured rating downgrade protection for underlying corporate bonds;
- Collateralized reference notes (CRNs) that enable investors to take on a capped rating downgrade exposure of an underlying security in exchange for attractive returns.
All CPOs and CRNs are fully collateralized and held in custody by BNY Mellon. CPOs and CRNs are proprietary products created and owned by DelphX Capital Markets.
For more information about DelphX, please visit www.delphx.com.
George Wentworth, General Manager
DelphX Capital Markets Inc.
george.wentworth@delphx.com
(718) 509-2160
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235685
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