Newborn Town Inc. (HK:9911) has released an update.
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Newborn Town Inc. has allocated over 25 million award shares to 26 employees as part of its NBT RSU Scheme, aimed at retaining and incentivizing staff for the company’s long-term growth. These shares will vest in four tranches starting December 2025, with a clawback mechanism in place for specific events. The scheme is designed to align employee performance with the company’s strategic objectives.
For further insights into HK:9911 stock, check out TipRanks’ Stock Analysis page.