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Tesla Chair Robyn Denholm on xAi investment: We will let shareholders voice their views
CNBC Television· 2025-09-05 12:37
to breaking news this morning from Tesla. The board calling on shareholders to approve a new long-term incentive package for Elon Musk. I sat down with Tesla chair Robin Denhomem told me that the full performance award hinges on some very ambitious goals that will motivate and retain Elon Musk as CEO and Musk is key, she says, for the company's talent pipeline.She also spoke about the likelihood of Tesla taking a stake in Musk's X AI. There were a number of proposals uh on this topic, shareholder proposals ...
CardioComm Solutions Announces Intention to Settle Outstanding Debt with Issuance of Shares
Newsfile· 2025-07-25 05:00
Core Points - CardioComm Solutions, Inc. has announced a debt settlement agreement with its directors, involving the issuance of 4,162,500 common shares at a deemed price of $0.01 per share to settle $41,625 in outstanding debt [1] - The company has also issued 250,000 stock options to its CEO, Etienne Grima, exercisable at $0.05 per share for five years, with immediate vesting [2] - The transactions are classified as "related party transactions" under Multilateral Instrument 61-101, and are exempt from formal valuation and minority shareholder approval requirements due to their fair market value being below 25% of the company's market capitalization [3] Company Overview - CardioComm Solutions specializes in consumer heart monitoring and medical electrocardiogram (ECG) software solutions, with patented technology for recording, viewing, analyzing, and storing electrocardiograms [5] - The company has achieved ISO 13485 and ISO 27001 certifications, is HIPAA compliant, and holds medical device clearances from the FDA in the USA and Health Canada [5]
Northfield Capital Announces Transaction to Acquire Remaining Minority Interest of Northfield Aviation
Globenewswire· 2025-05-05 18:59
Core Viewpoint - Northfield Capital Corporation's subsidiary, Spruce Goose Aviation Inc., is acquiring the remaining 9% of Northfield Aviation Group Inc. shares not already owned, resulting in 100% ownership post-transaction [1][2]. Group 1: Transaction Details - The share purchase agreement involves the issuance of 60,000 Class A restricted voting shares at a deemed price of C$5.23 per share to the vendor, Iain Hayden [1]. - Northfield Aviation consists of 9,357 Class A common shares and 22,303 Class B common shares, which represent the remaining ownership interest [2]. - The completion of the transaction is subject to TSX Venture Exchange approval and other customary closing conditions, expected around May 8, 2025 [3]. Group 2: Related Party Transaction - The vendor, Iain Hayden, is a director of Northfield Aviation, categorizing this transaction as a related party transaction under MI 61-101 [4][5]. - Northfield Capital Corporation is exempt from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the corporation's market capitalization [5]. Group 3: Company Overview - Northfield Capital Corporation is a publicly traded Canadian investment firm with a focus on resources, mining, aviation, and premium alcoholic beverages, established in 1981 [6].