Manycore Tech Inc.HKEX: 68

Grant of options and restricted share units

· Issued by Manycore Tech Inc. via HKEXnews

Filed with HKEX · Stock code 68 · · 7 pages · English

Summary by 6ix AI

Manycore Tech Inc. has announced the grant of options and restricted share units to eligible persons as part of its Post-IPO equity incentive plans. The options have an exercise price set based on the highest closing price prior to the grant date, while the restricted share units have no performance targets attached. The grants aim to align the interests of the grantees with the company's long-term growth and profitability objectives.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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