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Newborn Town Inc. ( (HK:9911) ) has shared an announcement.
Newborn Town Inc. has announced the grant of 897,415 Restricted Share Units (RSUs) to seven grantees under its RSU Award Scheme, representing approximately 0.06% of the company’s issued share capital. This grant, which does not dilute existing shareholders’ stakes, is part of the company’s strategy to incentivize and retain talent. The RSUs are subject to a lock-up period and will vest over a specified schedule, with the first unlocking occurring within six months of the grant date.
More about Newborn Town Inc.
Newborn Town Inc. is a company incorporated in the Cayman Islands, operating in the technology sector. It focuses on developing and managing mobile applications and services, with a significant presence in social networking and entertainment applications.
Average Trading Volume: 13,363,799
Technical Sentiment Signal: Buy
Current Market Cap: HK$13.45B
For an in-depth examination of 9911 stock, go to TipRanks’ Stock Analysis page.