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Posted On: 10/14/2020 3:46:47 PM
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NetworkNewsBreaks – Exro Technologies Inc. (TSX.V: XRO) (OTCQB: EXROF) Announces Granting of Incentive Stock Options
Exro Technologies (TSX.V: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, has granted incentive stock options. The options are available to specific directors, officers, employees and consultants. Qualifying individuals can purchase a total of 2,618,000 shares in the capital of the company. The shares are available at $3.15 per share, with an expiration date of five years from the date of grant. All shares sold will be pursuant to the terms of the provided stock option plan. In addition, all options will be subject to vesting provisions, with shares that are issued upon exercise of an option subject to a hold period. That hold period is identified as four months and one day from the date of grant.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Exro Technologies (TSX.V: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for electric motors and powertrains, has granted incentive stock options. The options are available to specific directors, officers, employees and consultants. Qualifying individuals can purchase a total of 2,618,000 shares in the capital of the company. The shares are available at $3.15 per share, with an expiration date of five years from the date of grant. All shares sold will be pursuant to the terms of the provided stock option plan. In addition, all options will be subject to vesting provisions, with shares that are issued upon exercise of an option subject to a hold period. That hold period is identified as four months and one day from the date of grant.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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