BrandPilot AI Announces Closing of Debt Settlement and Grant of Options and Restricted Share Units

Core Insights - BrandPilot AI Inc. has successfully closed a debt settlement by issuing 690,910 units at a deemed price of $0.025 per unit to settle a debt of $17,272.75 owed to a strategic advisor for past services [1][2][3] Debt Settlement - Each Debt Settlement Unit consists of one common share and one purchase warrant exercisable at $0.05 within 24 months from issuance [2] - The debt settlement has received approval from the Canadian Securities Exchange, with securities subject to a hold period of 4 months and one day from issuance [3] Grant of Options and Restricted Share Units - On December 1, 2025, the company granted a total of 2,800,000 options and 5,050,000 restricted share units (RSUs) to certain officers, directors, and consultants [4] - Each option allows the holder to purchase one common share at an exercise price of $0.05 until December 1, 2030, with a three-year vesting period [5] - The RSUs will vest on December 1, 2028, with each RSU entitling the holder to receive one common share upon vesting [5] Omnibus Equity Incentive Plan - All grants of options and RSUs are governed by the company's omnibus equity incentive plan, which was approved by shareholders on May 31, 2024 [6] Company Overview - BrandPilot AI Inc. is a performance marketing technology company based in Toronto, focusing on innovative solutions that enhance return-on-investment (ROI) for global enterprise brands [7] - The company utilizes artificial intelligence and data analytics to help organizations navigate complex advertising landscapes, with its flagship product, Spectrum IQ, leveraging micro-influencers to maximize ROI [7]