Hercules Metals grants 2,350,000 stock options at $0.88/share

PUBT · 1d ago
Hercules Metals grants 2,350,000 stock options at $0.88/share
  • Hercules Metals granted 2,350,000 incentive stock options to officers, directors, and consultants under its omnibus incentive plan.
  • Options vest in three equal tranches; one-third vests immediately, with the balance on the first and second anniversaries.
  • Exercise price set at $0.88 per share; options expire five years from the grant date.
  • Grants were previously agreed incentive compensation, deferred until disclosure of recent management appointments and a related private placement.


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