Intellabridge Announces Issuance of Restricted Share Units (RSUs) to the Directors and a Change in the Board of Directors
Intellabridge Technology (CSE: KASH) (OTCQB: KASHF) has announced the issuance of 180,000 Restricted Share Units (RSUs) to its Independent Non-Executive Directors, representing 0.25% of the company's outstanding shares. This move aims to align directors' interests with shareholders and incentivize leadership. The RSUs are subject to CSE approval and securities regulations.
Additionally, the company reported the resignation of Ms. Terri Bell Clouse from the Board of Directors, effective August 25, 2024. Ms. Clouse served for over 3 years, contributing significantly to Intellabridge's strategic development and early-stage product development. The Board will begin the process of identifying a suitable successor to maintain strong governance and drive the company's growth in the fintech industry.
Intellabridge Technology (CSE: KASH) (OTCQB: KASHF) ha annunciato l'emissione di 180.000 Restricted Share Units (RSU) ai suoi Direttori Indipendenti Non Esecutivi, pari allo 0,25% delle azioni in circolazione dell'azienda. Questa mossa mira ad allineare gli interessi dei direttori con quelli degli azionisti e a incentivare la leadership. Le RSU sono soggette all'approvazione della CSE e alle normative sui valori mobiliari.
Inoltre, l'azienda ha comunicato la dimissione della Sig.ra Terri Bell Clouse dal Consiglio di Amministrazione, con effetto dal 25 agosto 2024. La Sig.ra Clouse ha servito per oltre 3 anni, contribuendo significativamente allo sviluppo strategico e allo sviluppo dei prodotti nelle prime fasi di Intellabridge. Il Consiglio inizierà il processo di identificazione di un successore idoneo per mantenere una solida governance e promuovere la crescita dell'azienda nel settore fintech.
Intellabridge Technology (CSE: KASH) (OTCQB: KASHF) ha anunciado la emisión de 180,000 Unidades de Acciones Restringidas (RSUs) a sus Directores No Ejecutivos Independientes, lo que representa el 0.25% de las acciones en circulación de la empresa. Este movimiento tiene como objetivo alinear los intereses de los directores con los de los accionistas e incentivar el liderazgo. Las RSUs están sujetas a la aprobación de la CSE y a las regulaciones de valores.
Además, la empresa informó sobre la renuncia de la Sra. Terri Bell Clouse del Consejo de Administración, con efecto a partir del 25 de agosto de 2024. La Sra. Clouse ha servido durante más de 3 años, contribuyendo significativamente al desarrollo estratégico y al desarrollo de productos en las primeras etapas de Intellabridge. El Consejo comenzará el proceso de identificación de un sucesor adecuado para mantener una buena gobernanza y impulsar el crecimiento de la empresa en la industria fintech.
인텔라브릿지 테크놀로지 (CSE: KASH) (OTCQB: KASHF)는 독립 비상임 이사들에게 180,000개의 제한 주식 단위(RSU)를 발행한다고 발표했습니다. 이는 회사의 발행 주식의 0.25%를 나타냅니다. 이 조치는 이사의 이익을 주주와 일치시키고 리더십을 장려하기 위한 것입니다. RSU는 CSE 승인이 필요하며 증권 규정에 따라야 합니다.
또한 이 회사는 테리 벨 클라우스 여사가 이사회에서 사임했다고 보고했습니다. 이는 2024년 8월 25일부터 효력이 발생합니다. 클라우스 여사는 3년 넘게 근무하면서 인텔라브릿지의 전략적 개발 및 초기 제품 개발에 기여했습니다. 이사회는 회사의 강력한 거버넌스를 유지하고 핀테크 산업에서의 성장을 촉진하기 위해 적합한 후임자를 찾는 과정을 시작할 것입니다.
Intellabridge Technology (CSE: KASH) (OTCQB: KASHF) a annoncé l'émission de 180 000 unités d'actions restreintes (RSU) à ses directeurs non exécutifs indépendants, représentant 0,25 % des actions en circulation de l'entreprise. Cette initiative vise à aligner les intérêts des directeurs avec ceux des actionnaires et à inciter le leadership. Les RSU sont soumises à l'approbation de la CSE et aux réglementations sur les valeurs mobilières.
De plus, l'entreprise a signalé la démission de Mme Terri Bell Clouse du conseil d'administration, prenant effet le 25 août 2024. Mme Clouse a servi pendant plus de 3 ans, contribuant de manière significative au développement stratégique et à la conception de produits en phase de démarrage d'Intellabridge. Le conseil commencera le processus d'identification d'un successeur adéquat pour maintenir une gouvernance solide et favoriser la croissance de l'entreprise dans l'industrie fintech.
Intellabridge Technology (CSE: KASH) (OTCQB: KASHF) hat die Ausgabe von 180.000 beschränkten Aktieneinheiten (RSU) an seine unabhängigen nicht-executiven Direktoren angekündigt, was 0,25% der ausgegebenen Aktien des Unternehmens entspricht. Dieser Schritt zielt darauf ab, die Interessen der Direktoren mit den Interessen der Aktionäre in Einklang zu bringen und die Führung zu incentivieren. Die RSU unterliegen der Genehmigung durch die CSE und den Wertpapierbestimmungen.
Darüber hinaus berichtete das Unternehmen über die Rücktritt von Frau Terri Bell Clouse aus dem Vorstand, wirksam ab dem 25. August 2024. Frau Clouse hat über 3 Jahre gedient und maßgeblich zur strategischen Entwicklung und zur Produktentwicklung in der frühen Phase von Intellabridge beigetragen. Der Vorstand wird den Prozess zur Identifizierung eines geeigneten Nachfolgers beginnen, um eine starke Governance aufrechtzuerhalten und das Wachstum des Unternehmens in der Fintech-Branche voranzutreiben.
- Issuance of 180,000 RSUs to Independent Non-Executive Directors, aligning their interests with shareholders
- RSUs represent only 0.25% of the company's issued and outstanding share capital, minimizing dilution
- Resignation of experienced Board member Ms. Terri Bell Clouse after 3 years of service
- Potential leadership gap until a suitable successor is found for the vacant Board position
Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) ("Intellabridge" or the "Company") is pleased to announce that, in accordance with its Restricted Stock Unit Plan, the Board of Directors has approved the issuance of an aggregate of 180,000 Restricted Share Units ("RSUs") to its Independent Non-Executive Directors.
The issuance of these RSUs is in recognition of the valuable contributions of the Directors in guiding the Company's strategic direction and growth. The RSUs will vest in accordance with the terms and conditions outlined in the Company's RSU Plan, subject to the approval of the Canadian Securities Exchange (CSE) and compliance with all applicable securities laws and regulations.
The total number of RSUs granted is 180,000, representing
The Company also informs the stakeholders and investors of the resignation of Ms. Terri Bell Clouse, who decided to step down from her position on the Board of Directors effective August 25, 2024. Ms. Terri Bell Clouse served as an Independent Director on the Board for more than 3 years. During her tenure, Ms. Terri made significant contributions to the company's strategic development and direction. Her leadership has been instrumental in helping the company's early stage of product development and marketing, and her support has been invaluable to the company's success.
"Ms. Terri Bell Clouse has been instrumental in guiding Intellabridge through its formative stages, from product development to market launch. Her dedication and insightful leadership have been invaluable," said John Eagleton, CEO. "As we embark on the next chapter of our growth, we seek a successor who can propel Intellabridge to the forefront of the fintech industry, driving our mission for every transaction to have a positive social and environmental impact."
The Board of Directors will begin the process of identifying a suitable successor to ensure a smooth transition and continued strong governance.
Intellabridge Technology Corporation remains committed to maintaining a high standard of leadership and governance. The Board and management team are focused on delivering long-term value to our shareholders and stakeholders.
The information provided herein, does not constitute material change for the Company.
About Intellabridge Technology Corporation
Intellabridge Technology Corporation (CSE: KASH) (OTCQB: KASHF) (FSE: KASH) is a fintech company in the business of impact finance with a mission to make every transaction have a positive impact on the world through its Karma cashback solutions and automated customizable donations to charitable organizations based on the United Nations Sustainable Development Goals.
For more information on Intellabridge, visit www.intellabridge.com.
For more information on the Karma Card, visit www.getkarmacard.com.
For more information on Karma Connect, visit www.karmaconnect.com.
ON BEHALF OF THE BOARD of DIRECTORS
INTELLABRIDGE TECHNOLOGY CORPORATION
"John Eagleton"
John Eagleton, CEO
To contact Intellabridge:
Website: intellabridge.com
Phone: +1 888-300-5067
Email: maria@intellabridge.com
The CSE does not accept 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/222750
FAQ
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