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Digi Power X Announces Grant of Stock Options and RSUs
Globenewswire· 2025-11-20 01:00
Core Viewpoint - Digi Power X Inc. has announced the grant of stock options and restricted share units to its officers, directors, and key personnel as part of its compensation strategy, reflecting the company's commitment to incentivizing its management team and aligning their interests with shareholders [2][3]. Summary by Sections Stock Options and Restricted Share Units - A total of 1,430,000 stock options and 700,000 restricted share units have been granted to certain officers, directors, management, key consultants, and employees [2]. - Each stock option is exercisable for a subordinate voting share at a price of C$5.00 for five years from the grant date, with full vesting on the grant date [3]. - The restricted share units will vest in three equal tranches on November 19 for the years 2026, 2027, and 2028, subject to TSX Venture Exchange approval [3]. Company Overview - Digi Power X is described as an innovative energy infrastructure company focused on developing Tier III-certified modular AI data centers and expanding sustainable energy assets [4].
Thunder Power Holdings, Inc. Provides Updates
Prnewswire· 2025-06-06 13:41
Core Viewpoint - Thunder Power Holdings, Inc. has received approval to trade on the OTCQB Venture Market, marking a significant step in its growth strategy and collaboration with Electric Power Technology [1][3][6] Company Updates - The company's common shares began trading on the OTCQB under the ticker "AIEV" effective June 5, 2025, which is recognized by the SEC as an established public market [3][6] - Thunder Power plans to hold its Annual Meeting of Stockholders to approve a Share Exchange Agreement with Electric Power Technology Limited, aiming to acquire approximately 30.8% of TW Company's total issued shares [5][6] - A proposed reverse stock split is intended to enhance the company's visibility, improve liquidity, and attract a broader base of institutional and retail investors [4][6][9] Strategic Initiatives - The partnership with Electric Power Technology is expected to open new opportunities across the electric vehicle value chain, leveraging complementary strengths for mutual growth [3][8] - The company aims to strengthen its capital base and accelerate growth initiatives by issuing additional shares as part of the Share Exchange Agreement [9][10] - Thunder Power is focused on expanding its footprint in the renewable energy sector, with the Taiwanese government targeting 15% of electricity from renewable sources by 2025 [7][8] Market Context - The company is positioned to capitalize on emerging opportunities in both the electric vehicle and clean energy markets, with solar generation in Taiwan representing 5% of the electricity market in 2024 [6][7] - The strategic acquisition of assets and technologies in Taiwan is expected to support Thunder Power's long-term growth and global expansion strategy [8][10]