other material
confidence high
sentiment neutral
materiality 0.55
Limitless X grants 475K stock options and 683K restricted shares to executives and directors
Limitless X Holdings Inc.
- 200K options to CEO Jaspreet Mathur, 75K to VP Rob Cucher, 25K to CFO Benjamin Chung, 75K to COO Danielle Young, 50K each to directors Bharat Raj Mathur and Arthur Sarkissian.
- Restricted stock: 333,333 shares to CEO Mathur; 150,000 each to VP Cucher and COO Young; 50,000 to CFO Chung.
- Exercise price for options is $0.52 per share; all options vested immediately upon grant.
- Total equity awards represent up to 1.16 million shares, including both options and restricted stock.