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Wi2Wi Corporation Announces Grant of Options
TORONTO, ON / ACCESSWIRE / February 1, 2024 / Wi2Wi Corporation (the " Corporation "), a leade...
About this update from Wi2wi Corp.
[{"type":"text","content":"Wi2Wi Corporation Announces Grant of OptionsTORONTO, ON / ACCESSWIRE / February 1, 2024 / Wi2Wi Corporation (the \" Corporation \"), a leader in precision timing devices, frequency control products, and microwave filters, is pleased to announce that its board of directors has authorized and approved a grant of stock options to its recently appointed Chief Executive Officer, Ted Clark. The Corporation has issued an aggregate of 3,500,000 options (the \" Options \") at an exercise price of $0.035 per share. The granting of the Options and issuance of shares are subject to the terms and conditions of the Corporation's Stock Option Plan (the \" Plan \") adopted by the Corporation on January 28, 2013 and subject to approval by the TSX Venture Exchange, if any approval is needed. An aggregate of 1,500,000 Options will vest on October 1, 2024, an aggregate of 1,000,000 will vest on June 1, 2025, and the balance 1,000,000 will vest on February 1, 2026.Investor & Media ContactDawn Leeder, Chief Financial [email protected] Wi2Wi CorporationLeaders in Frequency Technology and Wireless SolutionsFounded in 2005, Wi2Wi Corporation has established itself as a leader in frequency control technology and wireless solutions, catering to a diverse array of industries including Avionics, Space, Industrial, and Government sectors. With our roots in innovation and precision, we are committed to delivering top-tier frequency control products and wireless connectivity solutions.Centralized Innovation in Middleton, WisconsinOur Middleton facility is not just the heart of our manufacturing operations; it is a center of excellence for design and engineering, especially in timing and frequency control. Here, we combine state-of-the-art manufacturing with our laboratory's stringent reliability and quality controls to ensure that every product we offer is synonymous with precision and reliability.Advanced Frequency Control and Wireless Connectivity SolutionsAt Wi2Wi, we specialize in advanced frequency control products, which are essential for a wide range of high-performance applications. Our products are known for their precision, durability, and innovation.Alongside these, we design and manufacture deeply integrated, end-to-end wireless connectivity solutions, offering our customers a comprehensive approach to wireless technol...