other material
confidence high
sentiment neutral
materiality 0.40
Integrated Ventures adopts 2024 Equity and Incentive Plan authorizing 1M shares
MedWellAI, Inc.
- 1,000,000 shares of common stock reserved for stock options, SARs, restricted stock, RSUs, and performance awards.
- Plan includes an automatic annual share increase (evergreen) of the lesser of a fixed number or 5% of outstanding shares.
- Awards can be granted to employees, directors, and consultants; CEO serves as administrator.
- Plan is subject to stockholder approval within 12 months; board approved on November 19, 2024.
- No immediate dilution; shares will be issued only upon vesting and exercise of awards.