The latest announcement is out from N2OFF ( (NITO) ).
N2OFF, Inc. has expanded its stakeholder base by issuing a significant number of shares, allocating 640,000 shares to its 2022 Share Incentive Plan, and 1,050,000 shares to consultants and key officers for their services, with its CEO and CFO receiving 320,000 and 160,000 shares, respectively. Additionally, a separate transaction saw 50,000 shares go to an investor based on a prior agreement. These strategic share distributions, which were not part of a public offering, aim to incentivize and reward those integral to the company’s growth.
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