other material
confidence high
sentiment neutral
materiality 0.60
I-ON Digital Corp. adopts 2026 Equity Incentive Plan, grants options for 66,750 Series E shares
I-ON Digital Corp.
- Board approved 2026 Equity Incentive Plan on June 8, 2026, reserving 100,000 Series E Convertible Preferred shares for awards.
- Granted options to purchase 66,750 Series E shares at $145 per share to officers, employees, and service providers.
- CEO Carlos Montoya received options for 18,000 Series E shares (time-vesting) plus 2,000 performance-based options tied to Nasdaq uplisting and M&A.
- Other named executives (Ken Park, Brad Hoffman, John Jubilee, Patrick White) received time-vesting and performance-based options with specific milestones.
- Additional 20,750 Series E options granted to other employees and consultants.