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22:18:45 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Nubeva Technologies Ltd
Symbol NBVA
Shares Issued 68,146,425
Close 2023-09-11 C$ 0.70
Market Cap C$ 47,702,498
Recent Sedar Documents

Nubeva adopts 2023 fixed share option plan

2023-09-11 17:28 ET - News Release

Subject: Nubeva Technologies Ltd. - news release to be disseminated Word Document File: '\\swfile\EmailIn\20230911 142023 Attachment NBVA_20230911_NR_Amended SOPs.docx' NEWS RELEASE For More Information: Steve Perkins sperkins@nubeva.com (714) 261-9948‬ Nubeva Announces Amended Stock Option Plans SAN JOSE, Calif., September 11, 2023 - Nubeva Technologies (TSX-V: NBVA) (OTCQB: NBVAF) ("Nubeva" or the "Company") announces that the Company replaced its current 20% fixed share option plan and adopted the 2023 fixed share option plan (the "2023 Option Plan") to increase the number of common shares issuable upon the exercise of options from a maximum of 13,100,000 common shares to 13,500,000 common shares. In addition, the Company replaced its current restricted share unit plan and adopted the 2023 restricted share unit plan (the "2023 RSU Plan") to reduce the number of common shares issuable from a maximum of 500,000 common shares to 100,000 common shares. The aggregate maximum number of common shares which may be issued upon exercise of stock options or issuance of restricted share units remain unchanged at 13,600,000. The 2023 Option Plan and 2023 RSU Plan are subject to approval of the TSX Venture Exchange and disinterested shareholder approval. The Company will seek approval of shareholders for the 2023 Option Plan and 2023 RSU Plan at its upcoming annual general and special meeting. About Nubeva Technologies Ltd. Nubeva Technologies provides next-generation decryption solutions for faster, lower-cost recovery from ransomware attacks. Its mission is to reduce downtime costs and damages so businesses never pay ransoms again. Nubeva's ransomware reversal software is available to end-user enterprises, managed security service providers, incident responders, and cybersecurity solution manufacturers. For a private briefing on Nubeva's ransomware reversal and retrieval abilities. Forward-Looking Statements This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business, products, and the outlook of the cybersecurity industry. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments, and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements for reasons relating to the development and adoption of the Company's technology, and its input and capital cost requirements, among other factors discussed in the Company's continuous disclosure filings, available at www.sedarplus.ca. The statements in this press release are made as of the date of this release, and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations, or statements made by third parties regarding the Company, its subsidiaries, their securities, or their respective financial or operating results (as applicable). Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For additional information, please contact: Nubeva Technologies Ltd. investorrelations@nubeva.com 1-(844) 538-4638

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