Ms. Kimberly Lim reports
CUBICFARM SYSTEMS CORP. ANNOUNCES STOCK OPTION GRANT
Cubicfarm Systems Corp.'s board of directors has approved the grant of 3.67 million stock options pursuant to the company's stock option plan, subject to regulatory approval. The stock options are exercisable at a price of 63 cents per share, with one-third vesting immediately and the rest vesting in equal tranches over the next two years. The options expire five years after having fully vested.
About Cubicfarm Systems Corp.
Cubicfarm is a technology company that is developing and deploying technology to feed a changing world. Its proprietary technologies enable growers around the world to produce high-quality, predictable crop yields.
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