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Creative Realities ( (CREX) ) has shared an announcement.
Creative Realities, Inc. disclosed a modification to the stock option agreement for its CEO, Richard Mills, initially granting him the option to purchase up to 1,000,000 shares, which was later reduced to 333,334 shares due to a reverse stock split on March 27, 2023. The vesting of these options is contingent upon meeting specific share price targets, which are currently under dispute with RSI regarding the Guaranteed Price and Consideration from a merger agreement. As a result, the vesting period was extended from February 17, 2025, to a future date contingent on the resolution of this disagreement.
More about Creative Realities
YTD Price Performance: 2.00%
Average Trading Volume: 53,694
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $26.64M
For detailed information about CREX stock, go to TipRanks’ Stock Analysis page.