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Sinohope Technology Grants 8 Million Share Options to Boost Talent Retention

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Sinohope Technology Grants 8 Million Share Options to Boost Talent Retention

Confident Investing Starts Here:

New Huo Technology Holdings Limited ( (HK:1611) ) has shared an announcement.

Sinohope Technology Holdings Limited, a company incorporated in the British Virgin Islands, has announced the grant of 8,020,000 share options to eligible participants under its share option scheme. This move, effective from April 22, 2025, allows grantees to subscribe to ordinary shares at an exercise price of HK$1.6 per share, with the options being exercisable over a ten-year period. The vesting schedule is structured so that 80% of the options become exercisable after one year, and the remaining 20% after two years. This grant is part of the company’s strategy to incentivize and retain talent, potentially impacting its operational dynamics and stakeholder interests.

More about New Huo Technology Holdings Limited

YTD Price Performance: -16.40%

Average Trading Volume: 1,221,916

Technical Sentiment Signal: Buy

Current Market Cap: HK$909.4M

See more data about 1611 stock on TipRanks’ Stock Analysis page.

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