InspireSemi Announces Stock Option Grants
Summary
Of these Options, all have a vesting commencement date as of the date of grant other than 740,835 which have vesting commencement dates in September 2022.2,704,879 of the Options contain provisions allowing for acceleration of vesting upon a Change of Control (as such term is defined in the Plan).All of the Option grants are subject to the approval of the TSX-V.To be added to the InspireSemi email distribution list, please email InspireSemi@kcsa.com with INSP in the subject line.InspireSemi is an Austin-based chip design company that has built a technology foundation that delivers revolutionary performance, energy efficiency, versatility, and a thriving open software ecosystem. This enables us to address multiple diversified, uncorrelated markets of High-Performance Computing (HPC), AI, and blockchain. Led by an accomplished team with a proven track record, it has a unique and strongly differentiated accelerated computing solution compared to existing approaches for these marketsFor more information, visit https://inspiresemi.com/ Follow InspireSemi on LinkedInThis release may contain forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of InspireSemi to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Actual results may differ materially from those currently anticipated in such statements, and InspireSemi undertakes no obligation to update such statements, except as required by law.Neither the TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.