other material
confidence high
sentiment neutral
materiality 0.55
SunHydrogen enters redemption agreements to retire ~24.9M options from CEO, director, and consultant
SUNHYDROGEN, INC.
- Company redeemed 24,887,263 options from CEO Timothy Young, director Mark Richardson, and a consultant.
- Options: 16.3M (CEO) at $0.0099 exercise, 4.3M each for director and consultant at $0.0099/$0.01.
- Redemption price per option: $0.05828 for CEO and director, $0.05818 for consultant.
- No other details on use of cash or impact on share count provided.