TechCom grants CEO & CFO warrants for up to 20% stock each, contingent on funding and revenue milestones

TechCom, Inc.

CEO Charles Faulkner and CFO Simon Wajcenberg get annual salary of $300k each, but only after closing of $75M+ funding.
First warrant gives each 10% of fully diluted stock at funding's average trading price; vests over 36 months, accelerates upon $75M LOC repayment.
Second warrant gives each additional 10% at 5x first exercise price, exercisable only after $10M monthly revenue for four months.
Company may terminate agreements by June 30, 2024 if not achieving $2M monthly revenue and repaying $75M LOC.
No commitment for funding or line of credit exists; compensation and warrants are contingent.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.