EdgeTI Announces Grant of Stock Options
Edge Total Intelligence (TSXV: CTRL) (OTCQB: UNFYF) has granted 300,000 stock options to a director and an officer under its Equity Incentive Plan.
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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.
Positive
- None.
Negative
- Stock option grant of 300,000 shares may lead to potential shareholder dilution
Details
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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
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
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