Zeo ScientifiX grants 700K warrants to controlling stockholders and 550K options to insiders

Zeo ScientifiX, Inc.

Warrants for 350,000 shares each granted to Skycrest Holdings and Greyt Ventures; exercise price $2.35.
Stock options totaling 550,000 shares granted to CEO/CFO Bothwell, CMO Shapiro, and directors Glauser, Stearn, and Bretz.
Both warrants and options vest monthly over 18 months and expire 10 years from grant date.
Potential total dilution of up to 1.25 million shares if all exercised; issued under Section 4(a)(2) exemption.

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