ARHT Media Grants Options
23 November 2022 - 12:30AM
ARHT Media Inc. (“ARHT” or the “Company”) (TSXV:ART), the global
leader in the development, production and distribution of
high-quality hologram content through its patented Holographic
Telepresence technology, announces that it has granted an aggregate
of 892,001 options to various employees and three directors under
the Omnibus Long-Term Incentive Plan of the Company. The options
are exercisable at a price of $0.17 per option and shall expire on
November 15, 2027. The options shall vest 1/3 on each of Grant
Date, the first anniversary and the second anniversary. All of the
options are subject to a four month regulatory hold period.
Following the grant of the stock options, the
Company has a total of 15,625,835 stock options outstanding,
representing approximately 8% of the outstanding common shares of
the Company. The grant of options remains subject to TSX Venture
Exchange approval.
About ARHT Media
ARHT is a pioneer in the live hologram industry
and their HoloPresenceTM technology offers a complete end-to-end
solution for the Capture, Transmission and Display of live
holograms for in-person, hybrid, and online events. They have a
range of hologram display solutions to suit multiple use cases,
including a premium online presentation solution, the Virtual
Global StageTM, and the largest global Holographic Telepresence
network of hologram Capture and Display locations, ensuring a
presenter can beam into a meeting or event as a live hologram from
virtually anywhere in the world.
Connect with ARHT
Media:Twitter:
http://www.twitter.com/ARHTmediaFacebook: http://www.facebook.com/ARHTmediaincLinkedIn: http://www.linkedin.com/company/arht-media-inc-
For more information, please
visit www.arhtmedia.com or contact the investor relations
group at info@arhtmedia.com.
ARHT Media trades under the symbol
"ART" on the TSX Venture
Exchange.
ARHTSalman AminARHT
Mediasamin@arhtmedia.com
This press release may contain "forward-looking
information" within the meaning of applicable Canadian securities
legislation. Forward-looking information includes, but is not
limited to, the intention to exercise convertible securities of the
Company; disclosure related to the Company's sales funnel; the
Company's technology; the potential uses for the Company's
technology; the future planned events using the Company's
technology; the future success of the Company; the ability of the
Company to monetize the ARHT Media technology; the development of
the Company's technology; and interest from parties in ARHT's
products. Generally, forward-looking information can be identified
by the use of forward-looking terminology such as "plans",
"expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking information is subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
the Company to be materially different from those expressed or
implied by such forward-looking information, including but not
limited to: general business, economic and competitive
uncertainties; regulatory risks; risks inherent in technology
operations; and other risks of the technology industry. Although
the Company has attempted to identify important factors that could
cause actual results to differ materially from those contained in
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such information will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company
does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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