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Frequency Exchange Corp ( (TSE:FREQ) ) has shared an update.
Frequency Exchange Corp. announced the granting of 1,965,000 stock options to its directors, officers, consultants, and employees, exercisable over two years at a price of $0.33 per share, pending regulatory approval. This move is part of the company’s strategic efforts to incentivize key personnel and align their interests with corporate goals, potentially enhancing its market position in the wearable health technology industry.
More about Frequency Exchange Corp
Based in British Columbia, Canada, Frequency Exchange Corp., through its subsidiary FREmedica, focuses on developing and globally commercializing a wearable Frequency Delivery System. This technology is designed for health and wellness, as well as performance enhancement, with its latest product, NIKKI, aimed at aiding clients with chronic Lyme disease.
Average Trading Volume: 8,523
Technical Sentiment Signal: Buy
Current Market Cap: C$15.94M
See more data about FREQ stock on TipRanks’ Stock Analysis page.