EdgeTI Announces Grant and Cancellation of Stock Options
July 03, 2025 6:48 AM EDT | Source: Edge Total Intelligence Inc.
Arlington, Virginia--(Newsfile Corp. - July 3, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5i) ("edgeTI", the "Company") announces the grant and cancellation of incentive stock options under its Omnibus Share Incentive Plan (the "Plan").
The Company has granted 250,000 incentive stock options (the "Options") to a director of the Company exercisable at $0.52 per share and will expire five years from the date of grant. The Options will vest in accordance with the terms of the grant agreement and the Plan.
The Company also announces that it has cancelled an aggregate of 1,050,000 incentive stock options (the "Cancelled Options") previously granted to certain directors and officers. The Cancelled Options had an exercise price of $1.03 per share and were set to expire on February 18, 2028. These options were voluntarily surrendered by the holders for no consideration. The director receiving the new grant was not among those whose options were cancelled.
About edgeTI
edgeTI helps customers sustain situational awareness and accelerate action with its real-time digital operations software, edgeCore™ that unites multiple software applicates and data sources into one immersive experience called a Digital Twin. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid journeys via the platform's low-code development capability and composable operations. With edgeCore, customers can improve their margins and agility by rapidly transforming siloed systems and data across continuously evolving situations in business, technology, and cross-domain operations - helping them achieve the impossible.
Website: https://ir.edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies
Forward-Looking Information and Statements
This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities legislation, including statements regarding the Company's capital structure, compensation plans, and future option grants. Forward-looking statements are based on assumptions, expectations, and estimates made by management in light of its experience and perception of historical trends, current conditions, and anticipated future developments. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such forward-looking statements.
Forward-looking statements are necessarily based on a number of opinions, assumptions, and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements.
Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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