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Vejii Holdings Ltd. ( (TSE:STIF) ) has provided an announcement.
Plaid Technologies Inc. has granted 4,975,000 stock options to its directors, officers and consultants under its long-term incentive plan, with each option allowing the purchase of a common share at $0.30 over four years, vesting quarterly over 12 months and subject to a four-month hold period under Canadian securities rules. The move is intended to align key stakeholders with the company’s growth trajectory as it pursues commercialization of its graphene-infused concrete technology in high-value markets such as well abandonment and remediation, where it is targeting a sizable, stable demand base that could underpin early revenues and support broader expansion into construction and industrial applications.
More about Vejii Holdings Ltd.
Plaid Technologies Inc. is a materials-platform company commercializing advanced graphene-enhanced materials aimed at delivering significant performance improvements in large, established markets such as construction, energy and industrial manufacturing. Its core technology is a proprietary graphene-infused concrete formulation designed to boost strength, durability and long-term performance, with an initial commercial focus on wellbore cement and subsurface integrity solutions in the regulated well abandonment and remediation market, which the company sees as a large, non-cyclical opportunity and a springboard into adjacent construction and industrial applications.
Average Trading Volume: 16,006
Technical Sentiment Signal: Hold
Current Market Cap: C$18.09M
For an in-depth examination of STIF stock, go to TipRanks’ Overview page.