other_material
confidence high
sentiment neutral
materiality 0.60
Exyn Technologies CEO gets deal completion bonus tied to IPO or change of control
Exyn Technologies, Inc.
- Bonus of 1-1.5% of net proceeds if pre-money valuation ≥$50M, or $225K floor.
- Bonus payable only if net proceeds ≥$30M and CEO remains employed through closing.
- Bonus triggered by first of IPO/direct listing or Change in Control under 2025 Equity Plan.
- Amendment effective May 18, 2026; 100% paid within 15 days of closing.
item 5.02item 9.01