Business
EMERGE Issues Restricted Share Units
EMERGE Issues Restricted Share Units Canada NewsWire TORONTO , Aug....
About this update from Emerge Commerce Ltd
[{"type":"text","content":"\n \n \n \n EMERGE Issues Restricted Share Units\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Aug. 31, 2023\n \n \n /CNW/ -\n \n EMERGE Commerce Ltd\n \n . (TSXV: ECOM) (\"\n \n EMERGE\n \n \" or the \"\n \n Company\n \n \"), a diversified acquirer and operator of niche e-commerce brands, today announced the granting of restricted share units (the \"\n \n RSUs\n \n \") pursuant to the Company's omnibus equity incentive plan.\n \n \n A total of 5,190,916 RSUs were granted to directors, officers, employees and consultants of the Company. The RSUs have a one-year vesting schedule and were issued with an effective price of between\n \n $0.065\n \n and\n \n $0.20\n \n per share. Each vested RSU entitles the holder to receive one common share of the Company.\n \n \n The directors of the Company have agreed to suspend their cash retainer and accept compensation in the form of RSUs.\n \n \n \n About EMERGE\n \n \n \n EMERGE is a diversified acquirer and operator of quality niche e-commerce brands in\n \n Canada\n \n and the U.S. Our subscription and marketplace e-commerce properties provide our members with access to offerings across our pets, premium meat/grocery, and golf verticals. EMERGE was named one of\n \n Canada's\n \n Top Growing Companies by Globe and Mail in 2022 (and 2020), and one of the fastest growing companies in\n \n Canada\n \n by the Startup 50 in 2020.\n \n \n To learn more visit\n \n https://www.emerge-commerce.com/\n \n \n \n \n Follow EMERGE\n \n \n \n LinkedIn\n \n |\n \n Twitter\n \n |\n \n Instagram\n \n |\n \n Facebook\n \n \n \n \n \n Cautionary notice\n \n \n \n \n \n Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n \n \n \n \n \n Notice regarding forward-looking statements\n \n \n \n \n \n This press release may contain certain forward-looking information and statements (\"forward-looking information\") within the mea...