other material
confidence high
sentiment neutral
materiality 0.60
Intelligent Bio grants restricted shares to CEO/CFO/directors; updates ATM facility
INTELLIGENT BIO SOLUTIONS INC.
- CEO Harry Simeonidis and CFO Spiro Sakiris each receive 9,150 time-vesting and 21,350 performance-vesting restricted shares.
- Directors awarded 20,000 time-vesting shares; non-executive employees get 10,500 time-vesting and 24,500 performance-vesting shares.
- Total outstanding shares as of March 23, 2026: 2,001,173, reflecting grants and warrant exercises.
- Up to $3,966,316 in shares available for sale under existing ATM agreement with Ladenburg Thalmann; new prospectus supplement filed.
- Performance-vesting shares tied to clinical trial, FDA submission, and commercial milestones; vest over up to 10 years.