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An announcement from DelphX Capital Markets ( (TSE:DELX) ) is now available.
DelphX Capital Markets Inc. announced the approval of 1,100,000 stock options to eligible participants under its stock option plan. These options, exercisable at $0.20 per share with a two-year maturity, are part of DelphX’s strategy to incentivize its stakeholders. This move is expected to enhance the company’s operational capabilities and market positioning by aligning the interests of its participants with its growth objectives.
More about DelphX Capital Markets
DelphX Capital Markets Inc. is a technology and financial services company that specializes in developing and distributing innovative structured products for the fixed income market. Through its special purpose vehicle, Quantem LLC, DelphX offers private placement securities that provide protection against spread and capital charge losses due to downgrades, while also offering attractive returns. The company’s proprietary products include Collateralized Put Options (CPOs) and Collateralized Reference Notes (CRNs), which are fully collateralized and held in custody by BNY Mellon.
YTD Price Performance: -44.00%
Average Trading Volume: 6,315
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $9.74M
For a thorough assessment of DELX stock, go to TipRanks’ Stock Analysis page.