other material
confidence high
sentiment neutral
materiality 0.80
Spectral Capital grants 6.75M options, Brehm to own ~42% after Node Nexus deal
SPECTRAL CAPITAL Corp
- Board approved up to 6,750,000 options at $0.43 per share to five directors and two officers.
- Sean Michael Brehm receives 3,000,000 options (125,000/month vesting); CEO Osterwalder also gets 3,000,000.
- Brehm to acquire 40M shares for Node Nexus (per prior 8-K) and buy 5M more for $1M, yielding ~41.91% control.
- Options vest monthly over 24 months with immediate vesting upon change of control or termination without cause.
- Exercise price is $0.43 per share; options expire 10 years from grant date.