ARCPOINT GRANTS DEFERRED SHARE UNITS
06 November 2024 - 12:28PM
ARCpoint Inc. (TSXV: ARC) (the “
Company” or
“
ARCpoint”) announces that it has granted
2,000,000 deferred share units (“
DSUs”) to a
director of the Company. The DSUs were granted in consideration for
services provided by the director for the period from October 21,
2022 to October 31, 2024. The DSUs were granted under the Company’s
omnibus incentive plan dated October 21, 2022. Each DSU entitles
the holder to received one Class A subordinate voting share in the
capital of the Company at the time the holder ceases to be a
director of the Company.
About ARCpoint Inc.ARCpoint is
a leading US-based franchise system providing drug testing, alcohol
screening, DNA and clinical lab testing, corporate wellness
programs, and employment and background screening, among other
services. The Company is based in Greenville, South Carolina, USA.
ARCpoint Franchise Group LLC, formed under the laws of the state of
South Carolina in February 2005, is the franchisor of ARCpoint Labs
and supports over 130 independently owned locations. ARCpoint sells
franchises to individuals throughout the United States and provides
support in the form of marketing, technology and training to new
franchisees. ARCpoint Corporate Labs LLC develops corporate-owned
labs committed to providing accurate, cost-effective solutions for
customers, businesses and physicians. AFG Services LLC serves as
the innovation center of the ARCpoint group of companies as it
builds a proprietary technology platform and a physician network to
equip all ARCpoint labs with best-in-class tools and solutions to
better serve their customers. The platform also digitalizes and
streamlines administrative functions such as materials purchasing,
compliance, billing and physician services for ARCpoint franchise
labs and other clients.
For more information, please contact:
ARCpoint Inc.Jason Tong, Chief Financial
OfficerPhone: (604) 889-7827E-mail: invest@arcpointlabs.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the Exchange) accepts responsibility for the adequacy
or accuracy of this Press release.
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