Business
NowVertical Announces the Engagement of Bristol Capital Ltd. for Investor Relations Services
TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) ("NowVertical" or ...
About this update from Nowvertical Group Inc
[{"type":"text","content":"NowVertical Announces the Engagement of Bristol Capital Ltd. for Investor Relations Services\n\n\n\n TORONTO, March 24, 2025 (GLOBE NEWSWIRE) -- NowVertical Group Inc. (TSXV: NOW) (\"NowVertical\" or the \"Company\"), a leading data and AI solutions provider, today announced that it has retained Bristol Capital Ltd. (\"Bristol\"), a leading investor relations firm specializing in Canadian and U.S. micro- and small-cap companies globally, to provide investor relations and communication services.\n \n\n Bristol has been engaged by the Company for an initial period of 12 months (the \"Initial Term\"), which will be automatically renewed for successive one-year periods unless terminated in accordance with the agreement. Bristol will be paid a monthly fee of up to CAD$14,000, plus applicable taxes, based on the services provided during the applicable month.\n \n\n Additionally, the Company has agreed to grant Bristol an aggregate of 200,000 incentive stock options, each entitling Bristol to acquire one Class A subordinate voting share of the Company (each, a “\n \n Share\n \n ”) at an exercise price of CAD$0.50 per Share, for a period of 36 months from the date of grant (the “\n \n Options\n \n ”). The Options will vest in quarterly installments over the course of the Initial Term until fully vested. All Options granted to Bristol will be subject to the terms of the Company’s omnibus long term incentive plan, the terms of any stock option agreement entered into between Bristol and the Company and the rules and policies of the TSX Venture Exchange.\n \n\n \"As NowVertical continues to accelerate its growth in the data and AI sector, ensuring clear and effective communication with domestic and international investors is a top priority. Partnering with Bristol Capital strengthens our ability to engage the market, expand our investor base, and articulate our long-term value proposition. We look forward to working closely with the Bristol team to enhance our visibility and investor engagement,” stated Sandeep Mendiratta, CEO of NowVertical.\n \n\n To the knowledge of the Company, other than the Options, Bristol has not acquired and has no plans to acquire any securities in the Company. Neither the Company nor any of its directors, officers or employees have any interest, directly or indirectly, in...