Ms. Juliet Jones reports
NUBEVA GRANTS STOCK OPTIONS
Nubeva Technologies Ltd. has granted three million stock options to officers and directors of the company pursuant to the company's share option plan.
The options vest over 48 months in equal monthly instalments and are exercisable for a period of 10 years from the date of grant at an exercise price of 45 cents per share. The total options outstanding are now 7,562,761 or approximately 13 per cent of the company's issued and outstanding common shares, which at the date of this release are 56,790,705. This stock option grant is subject to the approval of the TSX Venture Exchange.
About Nubeva Technologies Ltd.
Nubeva Technologies has changed the decrypted visibility game with pure, symmetric decryption. Nubeva helps enterprises gain the visibility needed through decryption so they can fully inspect network traffic. The need to inspect data in motion is fundamental to network security and application monitoring and assurance. The shift to SaaS (software-as-a-service), the cloud and stronger encryption practices like perfect forward secrecy and TLS 1.3, create new and unique challenges for in line and out-of-band decryption and visibility solutions. Nubeva reimagined TLS visibility and created a new solution for the modern era of strong encryption in dynamic and distributed compute environments.
We seek Safe Harbor.
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