Ynvisible Interactive Inc. Announces Grant of Stock Options
Ynvisible Interactive Inc. (TSX-V: YNV; OTCQB: YNVYF) has granted 2,705,000 incentive stock options to its officers, directors, employees, and consultants, with an exercise price of $0.20. Of these, 1,150,000 options were allocated to officers and directors, while 25,000 were reserved for investor relations services. The stock options are exercisable for five years and have specific vesting schedules. Ynvisible specializes in low-cost, ultra-low-power display technology, focusing on applications like digital signage and smart labels.
- Granting of 2,705,000 stock options indicates management confidence in the company's future.
- Focus on low-cost, ultra-low-power display technology positions Ynvisible in a growing market.
- None.
A total of 1,150,000 of the Stock Options were granted to certain officers and/or directors of the Company and 25,000 (the “IR Stock Options”) to a provider of investor relations services. All Stock Options are exercisable for a five-year term expiring
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 epaper 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
CEO and Executive Chairman
Neither
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20220809005775/en/
For further information:
Investor Relations
+1 778-683-4324
ir@ynvisible.com
Source:
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