NOVONIX Ltd Sponsored ADR (NVX) has released an update.
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NOVONIX Limited has announced the issuance of 693,006 unquoted performance rights as part of its employee incentive scheme, aimed at motivating and retaining talent. These securities, not intended to be listed on the ASX, bring the total unquoted securities, including performance rights and options, to over 81 million. This move highlights NOVONIX’s strategic efforts to enhance employee engagement and align interests with company performance.
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