other
confidence high
sentiment neutral
materiality 0.20
Karbon-X adopts 2024 stock option plan authorizing up to 5M shares
Karbon-X Corp.
- Board approved new plan effective June 25, 2024; up to 5,000,000 shares of common stock reserved for issuance.
- Plan allows incentive (ISO) and nonstatutory (NSO) options to employees, directors, officers, and consultants.
- Exercise price cannot be less than 100% of fair market value on grant date; max term 10 years.
- No material financial impact reported; plan is standard equity compensation arrangement.