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AgeDB adopts shares-for-salary plan for senior management, employees

AgeDB adopts shares-for-salary plan for senior management, employees

ReutersReuters2026/08/19 21:18
  • AgeDB Technology set a shares-for-services plan effective Aug. 1, 2026, converting part of senior management salaries into common shares monthly.
  • Monthly accruals total CAD 4,000, including CAD 2,000 for Jung Soo Kim, CAD 1,000 for Yeong Seung, CAD 1,000 for Gyuyeob Lee.
  • Conversions will price at the Maximum Discounted Market Price, subject to a maximum 25% discount.
  • AgeDB retains the option to settle accrued amounts in cash instead of shares.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AgeDB Technology Ltd. published the original content used to generate this news brief via CNW (Ref. ID: 202608191717CANADANWCANADAPR_C1203) on August 19, 2026, and is solely responsible for the information contained therein.

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