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Edgewater Wireless Systems ( (TSE:YFI) ) has shared an announcement.
Edgewater Wireless Systems’ shareholders have approved a new equity incentive compensation plan that replaces the company’s prior fixed 20% stock option scheme and allows for a broader mix of awards, including stock options, restricted share units, performance share units and deferred share units, covering up to 20% of its outstanding common shares, subject to final TSX Venture Exchange approval. In conjunction with the plan, the company granted 6.3 million stock options to directors, officers, employees and consultants at an exercise price of $0.05 per share with staged vesting through 2030, and issued 2.5 million deferred share units to directors and officers that vest after one year, moves that are designed to align management and board compensation more closely with shareholder interests and support retention as Edgewater pursues its growth strategy in high-performance Wi-Fi markets.
The most recent analyst rating on (TSE:YFI) stock is a Hold with a C$0.04 price target. To see the full list of analyst forecasts on Edgewater Wireless Systems stock, see the TSE:YFI Stock Forecast page.
Spark’s Take on TSE:YFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:YFI is a Neutral.
The score is driven primarily by very weak financial performance (near-zero revenue, widening losses, negative equity, and ongoing cash burn). Technical indicators also lean bearish (below major moving averages with negative MACD), while valuation is constrained by loss-making results and the absence of a dividend.
To see Spark’s full report on TSE:YFI stock, click here.
More about Edgewater Wireless Systems
Edgewater Wireless Systems is a fabless semiconductor and wireless technology company focused on improving Wi-Fi performance and quality of service for service providers, OEMs and enterprises. Its patented, AI-powered Spectrum Slicing platform, delivered via the PrismIQ product family, enables multiple concurrent channels in a single band to deliver significantly higher throughput and lower latency, targeting dense residential, enterprise and Industrial IoT connectivity markets.
Average Trading Volume: 79,035
Technical Sentiment Signal: Sell
Current Market Cap: C$10.76M
Find detailed analytics on YFI stock on TipRanks’ Stock Analysis page.