Ynvisible Announces Investor Webinar and Grants Stock Options

Rhea-AI Summary

Ynvisible Interactive announces an investor webinar scheduled for June 26, 2024, featuring insights from CEO Ramin Heydarpour and other executives on product development, customer acquisition, and market strategy.

The company highlights advancements in sustainable, low-power display technology and its positioning as a commercial supplier of e-paper products. The webinar will also outline the growth strategy through 2026.

Additionally, Ynvisible has granted stock options to employees and consultants to acquire 180,000 common shares at an exercise price of $0.20, with various vesting schedules.

Positive

• Investor webinar scheduled for June 26, 2024, aims to provide insights into product development and strategic direction.
• Progress in developing cost-effective, sustainable, thin, and low-power display technology.
• Success in securing key customers and positioning as a commercial supplier of e-paper products.
• Discussion of growth strategy through 2026 during the webinar.
• Granting of 180,000 stock options to employees and consultants, potentially motivating and retaining talent.

Negative

• Stock options granted at an exercise price of $0.20, indicating potentially low current stock value.
• Vesting of stock options extends up to 12 months, potentially delaying employee incentives.

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2024) - Ynvisible Interactive Inc. (TSXV: YNV) (OTCQB: YNVYF) (the "Company" or "Ynvisible") is pleased to announce an investor-focused webinar on June 26 at 4:00 pm (CET) and 10:00 am (EST). The webinar will highlight Ynvisible's progress in product development, customer acquisition, and market strategy.

Ynvisible's CEO, Ramin Heydarpour, and other members of the executive team will provide insights into the company's technical and commercial achievements, as well as its future prospects. Key highlights will include the development of both standard and customized products ready for market, leveraging Ynvisible's cost-effective, sustainable, thin, and low-power display technology.

Additionally, the webinar will cover Ynvisible's success in securing key customers and its strategic positioning as a commercial supplier of e-paper products. The company's growth strategy through 2026 will also be discussed.

Investors and other stakeholders are encouraged to join this informative session to gain a deeper understanding of Ynvisible's advancements and strategic direction.

Date: Wednesday, June 26, 2024
Time: 4:00 pm (CET) / 10:00 am (EST)

For more information and to register for the webinar, please visit:
https://us02web.zoom.us/webinar/register/WN_Q7qpKCjpRUujpuHAl31jJA#/registration

Stock Options

Ynvisible has granted stock options to certain employees and consultants of the Company to acquire an aggregate of 180,000 common shares in the capital of the Company, pursuant to the Company's omnibus equity incentive compensation plan.

The stock options are each convertible into a common share at an exercise price of $0.20 until May 28, 2029. With respect to vesting provisions, a total of 130,000 stock options vest 1/4 on May 28, 2024 (the "Grant Date"), 1/4 on the date that is four months from the Grant Date, 1/4 on the date that is eight months from the Grant Date and the final 1/4 on the date that is 12 months from the Grant Date. A total of 50,000 stock options (the "IR Stock Options") were granted to a provider of investor relations services. In accordance with the policies of the TSX Venture Exchange, the IR Stock Options vest 1/4 on the date that is three months from the Grant Date, 1/4 on the date that is six months from the Grant Date, 1/4 on the date that is nine months from the Grant Date, and the final 1/4 on the date that is 12 months from the Grant Date.

About Ynvisible

Ynvisible is disrupting the low-cost and ultra-low-power display industry thanks to the latest advantages in sustainable electronics and roll-to-roll printing production. Ynvisible's printed e-paper displays are ideal for low-power and cost-sensitive applications, such as digital signage, smart monitoring label, authenticity and security, and retail labels and signage. Ynvisible has the experience, know-how, and intellectual property in electrochromic materials, inks, and systems and offers a mix of services, materials, and technology to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Ramin Heydarpour
CEO and Executive Chairman
Ynvisible Interactive Inc.

For further information, please contact:
Investor Relations
+1 778-683-4324
ir@ynvisible.com

Neither 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.

Forward-Looking Statements

This news release contains certain statements that may be deemed "forward-looking" statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Ynvisible Interactive Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the management of Ynvisible Interactive Inc. on the date the statements are made. Except as required by law, Ynvisible Interactive Inc. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/211052

FAQ

When is the Ynvisible investor webinar scheduled?

The Ynvisible investor webinar is scheduled for June 26, 2024, at 4:00 pm (CET) and 10:00 am (EST).

What will be discussed in the Ynvisible investor webinar?

The webinar will cover Ynvisible's product development, customer acquisition, market strategy, and growth plans through 2026.

Who will provide insights during the Ynvisible investor webinar?

Ynvisible's CEO Ramin Heydarpour and other members of the executive team will provide insights during the webinar.

What is the exercise price for the stock options granted by Ynvisible?

The exercise price for the stock options granted by Ynvisible is $0.20 per share.

How many stock options did Ynvisible grant?

Ynvisible granted a total of 180,000 stock options to employees and consultants.

What are the vesting schedules for the Ynvisible stock options?

130,000 stock options vest over 12 months in four stages, while 50,000 IR Stock Options vest over 12 months in four stages, commencing three months from the grant date.