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Backstageplay Inc. (TSXV: BP) is an innovative online and mobile entertainment and marketing company, specializing in social gaming and retention software and services. The company recently announced the continuation of its 2022 Omnibus Incentive Plan, providing flexibility for equity-based incentive awards such as stock options and restricted share units. With a focus on engaging entertainment experiences, Backstageplay Inc. is dedicated to delivering high-quality content to its users.
Backstageplay Inc. (TSXV: BP.H) announced that shareholders approved amendments to its omnibus incentive plan at the December 20, 2024 Annual General Meeting. The TSX Venture Exchange has accepted these 'housekeeping' amendments, which include NEX provisions following the company's transfer to the NEX Board in August 2024.
Shareholders approved an increase of 256,510 common shares for restricted share units, bringing the total maximum to 2,068,783 common shares available for issuance. The Amended Omnibus Plan allows for stock options on a rolling 10% basis of issued shares and a 10% fixed portion for restricted share units. However, as a NEX Issuer, the company can currently only grant stock options.
Backstageplay Inc. (TSXV: BP.H) has announced updates regarding its 2024 Annual General Meeting, scheduled for December 20, 2024, at 11:30 a.m. PST in Vancouver. Due to an ongoing postal strike in Canada, the distribution of meeting materials is experiencing delays. Shareholders can access meeting materials through SEDAR+ and TSX Trust's website. Registered shareholders can request proxies through TSX Trust Company, with a submission deadline of December 18, 2024. Beneficial holders should contact their brokers for proxy requests. Paper copy requests should be submitted by December 11, 2024.
Backstageplay (TSXV: BP.H) has announced a non-brokered private placement offering of up to 2,500,000 common shares at $0.08 per share, aiming to raise gross proceeds of $200,000. The shares will have a four-month and one-day statutory hold period from closing. The company may pay finder's fees within TSX Venture Exchange policy limits. The proceeds will be used for general corporate working capital. The offering's closing is subject to corporate and regulatory approvals.
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