Mr.
Ghassan Halazon reports
EMERGE ISSUES RESTRICTED SHARE UNITS
Emerge Commerce Ltd. has granted restricted share units (RSUs) pursuant to the company's omnibus equity incentive plan.
A total of 5,190,916 RSUs were granted to directors, officers, employees and consultants of the company. The RSUs have a one-year vesting schedule and were issued with an effective price of between 6.5 cents and 20 cents per share. Each vested RSU entitles the holder to receive one common share of the company.
The directors of the company have agreed to suspend their cash retainer and accept compensation in the form of RSUs.
About Emerge
Commerce Ltd.
Emerge is a diversified acquirer and operator of quality niche e-commerce brands in Canada and the United States. Emerge's subscription and marketplace e-commerce properties provide its members with access to offerings across its pets, premium meat/grocery and golf verticals. Emerge was named one of Canada's top growing companies by The Globe and Mail in 2022 (and 2020) and one of the fastest-growing companies in Canada by the Startup 50 in 2020.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.