other material
confidence high
sentiment neutral
materiality 0.60
Wytec extends CEO's 2M-share warrant expiration to 2025, issues stock to directors
WYTEC INTERNATIONAL INC
- CEO William H. Gray's warrant to purchase 2,000,000 shares extended from Dec 31, 2023 to Dec 31, 2025.
- Company issued 175,709 shares to William H. Gray for director services through Sept 30, 2023.
- Other directors received shares: Erica Perez (30,134), Christopher Stuart (25,806), Sam Khoury (25,806), Gary Stein (24,714).
- Board adopted quarterly compensation plan: each director gets $18,750 in stock per quarter starting Q4 2023.
- Share amounts based on recent valuation report; stock not quoted on NASDAQ or equivalent market.