Mr. Ramin Heydarpour reports
YNVISIBLE GRANTS STOCK OPTIONS
Ynvisible Interactive Inc. has granted stock options to certain officers, directors and employees of the company to acquire an aggregate of 520,000 common shares in the capital of the company, pursuant to the company's omnibus equity incentive compensation plan.
A total of 400,000 of the stock options have been granted to key members of management and are each exercisable at a price of nine cents until Jan. 11, 2029. The remaining 120,000 of the stock options are each exercisable at a price of 20 cents until Jan. 11, 2029. The stock options vest one-quarter on Jan. 11, 2024, one-quarter on the date that is four months from the grant date, one-quarter on the date that is eight months from the grant date and the final one-quarter on the date that is 12 months from the grant date.
About Ynvisible Interactive Inc.
Ynvisible is disrupting the low-cost and ultralow-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 (Internet of Things) products.
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