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Personas Social Restructures Stock Options for Leadership Alignment

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Personas Social Restructures Stock Options for Leadership Alignment

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The latest announcement is out from Personas Social ( (TSE:PRSN) ).

Personas Social Incorporated has announced the granting of nearly 25 million stock options to its directors and officers as part of its stock option plan, subject to TSX Venture Exchange approval. This move replaces previous options that have expired. Additionally, the company confirmed the cancellation of over 1.2 million stock options previously given to employees who have since resigned. This strategic adjustment in stock options is indicative of the company’s efforts to align its incentives with current leadership and operational needs.

More about Personas Social

Personas Social Incorporated is a Canada-based company specializing in live video conferencing technology, live streaming, and social media products and services for both consumers and businesses, with a particular focus on mobile platforms. The company emphasizes providing social commerce-enabled products that offer monetizable user experiences, supported by enterprise-grade e-commerce infrastructure including multi-currency, multi-lingual, turnkey mobile commerce suites.

YTD Price Performance: -25.00%

Average Trading Volume: 51,105

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$10.41M

See more insights into PRSN stock on TipRanks’ Stock Analysis page.

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