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RocketDNA Sets Terms for 5 Million Consultant Options

Story Highlights
  • RocketDNA is a multinational AI-driven drone data services company serving mining, agriculture and engineering clients.
  • RocketDNA outlined terms for 5 million consultant options at $0.02 each, vesting in 2026 and expiring in 2029 as part of long-term incentive plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RocketDNA Sets Terms for 5 Million Consultant Options

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Delta Drone International Ltd ( (AU:RKT) ) has provided an announcement.

RocketDNA Ltd has detailed the terms and conditions of 5,000,000 consultant options previously notified as a proposed issue of securities, each option carrying an exercise price of $0.02 and expiring on 30 May 2029. The options vest on 1 July 2026 subject to the holder’s continued engagement with the group, are exercisable at any time up to expiry, and upon exercise will convert into fully paid ordinary shares ranking equally with existing shares, underscoring the company’s use of equity-based incentives to align consultants with its long-term growth objectives.

The most recent analyst rating on (AU:RKT) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Delta Drone International Ltd stock, see the AU:RKT Stock Forecast page.

More about Delta Drone International Ltd

RocketDNA Ltd (ASX: RKT) is a multinational drone-based data services and technology provider that leverages AI and autonomous drones to deliver aerial surveying, mapping, security, surveillance and asset inspection services. The company focuses on enterprise customers in the mining, agricultural and engineering sectors, generates revenue through multi-year contracts and short-term projects with major Tier 1 and Tier 2 miners, and operates primarily in Australia and Africa with regional offices in Perth, Johannesburg and Accra.

Average Trading Volume: 6,402,511

Technical Sentiment Signal: Buy

Current Market Cap: A$39.03M

For detailed information about RKT stock, go to TipRanks’ Stock Analysis page.

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