MGO Global Inc. (MGOL) has shared an announcement.
MGO Global Inc has recently rewarded its key players by issuing over 1.8 million new shares of its common stock to its directors and officers. Notably, significant shares were granted to the CEO, the Chief Brand Officer, the COO, and the CFO, with non-employee directors each receiving a smaller, yet substantial, number of shares. This strategic move, in accordance with the company’s 2022 Equity Incentive Plan, aims at incentivizing their commitment and aligning their interests with the company’s success, all under the compliance with the Securities Act of 1933.
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