other material
confidence high
sentiment neutral
materiality 0.70
YouneeqAI: debt conversion, equity sale, adoption of 2024 equity plan with CEO/director options
YOUNEEQAI TECHNICAL SERVICES, INC.
- Converted $67,741 accrued interest from Thomas Yang into 1,354,827 restricted shares.
- 2024 equity plan reserves 10M shares; CEO Galbraith and director Romano each get 2M options at $0.20.
- RC365 Holdings deadline extended to Oct 1, 2024 to issue remaining 3,000,000 shares under exclusive rights agreement.
- Unregistered sale: sold 666,667 shares at $0.15 for $100,000; FNB Enterprises paid $67,760 for up to 3,000,000 shares.
- Options for CEO and director expire in 5 years; other grantees expire in 3 years; exercise price $0.20 per share.