Zoomd Technologies Announces Grant of Options and RSUs

Sentiment Analysis
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the marketing technology (MarTech) user-acquisition and engagement platform, announced today that it has granted an aggregate of 1,275,000 stock options ("Options") and 1,250,000 restricted share units ("RSUs") to certain directors, officers, employees and consultants of the Company pursuant to the Company's Omnibus Equity Incentive Plan.
The options and RSUs will vest quarterly over a 36-month period. Each Option has an exercise price of C$0.53 per common share, equal to the closing market price of the Company's common shares on the TSXV on the date of Board approval and expires on July 9, 2036.
This is the Company's first broad-base grant of equity awards since 2021 and these equity awards are intended to align the interests of employees, management and directors with those of shareholders, support the Company's long-term growth strategy and assist in attracting and retaining key talent.
Zoomd (TSXV: ZOMD) (OTC: ZMDTF), established in 2012 and listed on the TSX Venture Exchange since September 2019, provides an innovative mobile app user-acquisition platform that integrates with numerous global digital media outlets. This platform presents a unified view of multiple media sources, thereby serving as a comprehensive user acquisition control center for advertisers. It streamlines campaign management through a single point of contact, simplifying customer acquisition efforts.
The consolidation of media sources onto one platform enables Zoomd to offer advertisers substantial savings by reducing the need for disparate data source integration, enhancing data collection and insights, and minimizing resource expenditure.
Source: PRNewsWire
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