tiprankstipranks
Trending News
More News >

Newborn Town Inc. Grants 897,415 RSUs Under Award Scheme

Story Highlights
Newborn Town Inc. Grants 897,415 RSUs Under Award Scheme

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1