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Sparta Commercial Services ( (SRCO) ) has provided an update.
On January 16, 2026, Sparta Commercial Services, Inc. granted new stock option awards across its leadership, board, and employee base, issuing five-year options covering an aggregate 3,600,000 shares to its CEO and Vice President of Operations, 350,000 shares each to its two independent directors as compensation for past board service, and a further 260,000 shares to employees, all at an exercise price of $0.14 per share. The options, which vest in three equal tranches over three years and were priced at 110% of the company’s 30-day volume-qualified closing average, were issued in private, non-registered transactions under a Securities Act exemption, underscoring Sparta Commercial Services’ use of equity incentives to retain and reward key personnel while limiting immediate cash outlays and avoiding public offering processes.
More about Sparta Commercial Services
Average Trading Volume: 31,129
Technical Sentiment Signal: Strong Sell
Current Market Cap: $5.36M
For a thorough assessment of SRCO stock, go to TipRanks’ Stock Analysis page.