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Ynvisible Interactive Inc
Symbol YNV
Shares Issued 124,671,915
Close 2023-03-06 C$ 0.10
Market Cap C$ 12,467,192
Recent Sedar Documents

Ynvisible grants options to buy 2.45 million shares

2023-03-06 19:03 ET - News Release

Mr. Ramin Heydarpour reports

YNVISIBLE GRANTS STOCK OPTIONS

Ynvisible Interactive Inc. has granted incentive stock options to officers, directors, employees and consultants of the company to acquire an aggregate of 2,452,500 common shares in the capital of the company at an exercise price of 20 cents pursuant to the company's stock option plan.

A total of 950,000 of the stock options were granted to certain officers and/or directors of the company, 1,477,500 to employees and consultants, and the remaining 25,000 to a provider of investor relations services. The stock options are exercisable for a five-year term expiring Feb. 24, 2028, and are subject to certain vesting provisions. With the exception of the IR stock options, the stock options vest one-fourth on Feb. 24, 2023; one-fourth on the date that is four months from the grant date; one-fourth on the date that is eight months from the grant date; and the final one-fourth on the date that is 12 months from the grant date. In accordance with the policies of the TSX Venture Exchange, the IR stock options vest one-fourth on the date that is three months from the grant date; one-fourth on the date that is six months from the grant date; one-fourth on the date that is nine months from the grant date; and the final one-fourth on the date that is 12 months from the grant date.

About Ynvisible Interactive Inc.

Ynvisible is disrupting the low-cost and ultralow-power display industry thanks to the latest advantages in sustainable electronics and roll-to-roll printing production. Ynvisible's printed e-paper displays are ideal for low-power and cost-sensitive applications, such as digital signage, smart monitoring label, authenticity and security, and retail labels and signage. Ynvisible has the experience, know-how and intellectual property in electrochromic materials, inks and systems, and offers a mix of services, materials and technology to brand owners developing smart objects and Internet of Things products.

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