IQ-AI Limited Issue of Warrants to Employees (5398A)
26 September 2022 - 4:01PM
UK Regulatory
TIDMIQAI
RNS Number : 5398A
IQ-AI Limited
26 September 2022
26 September 2022
IQ-AI Limited
("IQ-AI" or the "Company")
Issue of Warrants to Employees
IQAI Limited (the "Company" or "IQAI"), the parent company of
Wisconsin-based Imaging Biometrics, LLC (IB), which is focused on
delivering quantitative imaging platforms and therapeutics that
transform how clinicians diagnose and treat patients more
efficiently and effectively, announces today that it has issued
warrants to select employees.
The Board has granted these employees a total of 775,000
warrants to subscribe for one ordinary share each in the Company.
The warrants will be exercisable at a price of 2.253 pence per
share and are exercisable for 10 years from the date of grant.
The Directors of the Company accept responsibility for the
contents of this announcement.
-ENDS-
For further information, please contact:
IQ-AI Limited
Trevor Brown/Brett Skelly/Vinod Kaushal
Tel: 020 7469 0930
Peterhouse Capital Limited (Financial Adviser and Broker)
Lucy Williams/Heena Karani
Tel: 020 7220 9797
Market Abuse Regulation (MAR) Disclosure
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of Article 7 of the Market Abuse Regulation EU 596/2014 as it forms
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(Withdrawal) Act 2018).
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END
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September 26, 2022 02:01 ET (06:01 GMT)
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