Mr.
Stephane Ouellette reports
FRNT GRANTS STOCK OPTIONS
FRNT Financial Inc. has granted an aggregate of 120,000 stock options to certain directors of the company pursuant to the company's stock option plan. The options will vest monthly in 12 equal instalments, with the first vesting date being one month after the grant date. Each option is exercisable, for a period of five years from the applicable vesting date, to acquire one common share of the company at an exercise price of 50 cents.
About FRNT Financial Inc.
FRNT is an institutional capital markets and advisory platform focused on digital assets. FRNT, through a technology-forward and compliant operation, aims to bridge the worlds of traditional and Web-based finance. Partnering with both financial institutions and crypto native firms, FRNT operates five synergistic business lines, including deliverable trading services, institutional structured derivative products, merchant banking, advisory and consulting, and principal investments and trading. Co-founded in 2018 by chief executive officer Stephane Ouellette, FRNT is a global firm headquartered in Toronto, Canada.
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