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EdgeTI Announces Grant of Stock Options

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Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) has granted 300,000 stock options to a director and an officer under its Equity Incentive Plan. The options can be exercised at $0.99 per share over a five-year period, with one-third vesting immediately and the remaining two-thirds vesting annually. The options are subject to a four-month and one-day hold period in compliance with TSX Venture Exchange policies and Canadian securities laws.

Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) ha concesso 300.000 opzioni su azioni a un direttore e a un dirigente nell'ambito del suo Piano di Incentivi Azionari. Le opzioni possono essere esercitate a $0,99 per azione per un periodo di cinque anni, con un terzo che matura immediatamente e i restanti due terzi che maturano annualmente. Le opzioni sono soggette a un periodo di attesa di quattro mesi e un giorno in conformità con le politiche della Borsa di Toronto Venture e le leggi sui valori mobiliari canadesi.

Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) ha otorgado 300.000 opciones sobre acciones a un director y un funcionario bajo su Plan de Incentivos de Capital. Las opciones pueden ejercerse a $0,99 por acción durante un período de cinco años, con un tercio que se adquiere de inmediato y los dos tercios restantes que se adquieren anualmente. Las opciones están sujetas a un período de retención de cuatro meses y un día, en cumplimiento con las políticas de la Bolsa de Valores de Toronto Venture y las leyes de valores canadienses.

엣지 토탈 인텔리전스 (TSXV: CTRL) (OTCQB: UNFYF)는 300,000주의 스톡 옵션을 이사와 임원에게 자사 주식 인센티브 계획에 따라 부여했습니다. 옵션은 주당 $0.99에 5년 동안 행사할 수 있으며, 1/3은 즉시 발생하고 나머지 2/3은 매년 발생합니다. 이러한 옵션은 토론토 벤처 거래소의 규정과 캐나다 증권법을 준수하여 4개월과 하루의 보유 기간을 가집니다.

Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) a accordé 300.000 options sur actions à un directeur et à un responsable dans le cadre de son Plan d'Incitation à l'Équité. Les options peuvent être exercées à 0,99 $ par action sur une période de cinq ans, avec un tiers acquérant immédiatement et les deux tiers restants acquérant annuellement. Les options sont soumises à une période de blocage de quatre mois et un jour, conformément aux politiques de la Bourse de Toronto Venture et aux lois sur les valeurs mobilières canadiennes.

Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) hat 300.000 Aktienoptionen an einen Direktor und einen leitenden Angestellten im Rahmen seines Aktienoptionsplans gewährt. Die Optionen können über einen Zeitraum von fünf Jahren zu einem Preis von 0,99 $ pro Aktie ausgeübt werden, wobei ein Drittel sofort fällig wird und die verbleibenden zwei Drittel jährlich fällig werden. Die Optionen unterliegen einer Wartefrist von vier Monaten und einem Tag gemäß den Richtlinien der TSX Venture Exchange und den kanadischen Wertpapiergesetzen.

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  • Stock option grant of 300,000 shares may lead to potential shareholder dilution

Arlington, Virginia--(Newsfile Corp. - November 18, 2024) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5i) ("edgeTI", "Company") announces that it has granted 300,000 stock options (the "Options") to purchase common shares of the Company to a director and an officer pursuant to the Company's Equity Incentive Plan. The Options are exercisable at a price of $0.99 per share for a period of five years, and vest 1/3 immediately and 1/3 annually thereafter.

The Options are subject to a four month and one day hold period in accordance with the policies of the TSX Venture Exchange and applicable Canadian securities laws.

About edgeTI

edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applicates and data sources into one immersive experience called a Digital Twin. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross- domain operations - helping them achieve the impossible.

Website: https://edgeti.com
LinkedIn: https://www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies

For more information, please contact:

Nick Brigman
Analyst, Investor, and Press Relations,
Phone: 888-771-3343
Email: ir@edgeti.com

FORWARD-LOOKING INFORMATION

Certain statements made, and information contained herein may constitute "forward looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "speculates", "could" or "would".

All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) 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/230499

FAQ

What is the exercise price of EdgeTI's (UNFYF) new stock options granted in November 2024?

The stock options granted by EdgeTI (UNFYF) have an exercise price of $0.99 per share.

How many stock options did EdgeTI (UNFYF) grant in November 2024?

EdgeTI (UNFYF) granted 300,000 stock options to a director and an officer.

What is the vesting schedule for EdgeTI's (UNFYF) November 2024 stock options?

The options vest one-third immediately and one-third annually thereafter over the following two years.

What is the expiration period for EdgeTI's (UNFYF) November 2024 stock options?

The stock options are exercisable for a period of five years.

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