FendX Technologies, Inc. (TSE:FNDX) has released an update.
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FendX Technologies Inc., a Canadian nanotechnology firm specializing in surface protection coatings, has incentivized its team by granting 3,950,000 stock options and 1,150,000 restricted share units (RSUs) to select directors, officers, employees, and consultants. The options have a five-year expiry and vesting conditions, while both options and RSUs adhere to a four-month hold period post-grant. The move aligns with the company’s equity incentive plan, aiming to fuel growth and commitment within its workforce.
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