Twin Vee PowerCats Co. Unveils Wizz Banger 2025 Stock Incentive Plan, Offering Equity Awards to Key Personnel
Twin Vee PowerCats Co. has announced the adoption of the Wizz Banger 2025 Subsidiary Stock Incentive Plan, a new compensation plan designed to grant equity interests in its subsidiary, Wizz Banger, Inc. The plan, effective as of June 12, 2025, was implemented by the Board of Directors and is managed by the Compensation Committee. Under this plan, directors, officers, employees, and consultants of Wizz Banger can receive equity awards, with specific grants subject to performance criteria and approval by the WB Compensation Committee. On the same day, Joseph Visconti and Thomas Huffman were each granted options to purchase up to 1,400,000 shares of Wizz Banger common stock, highlighting the company's commitment to aligning leadership incentives with corporate success.
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. Twin Vee PowerCats Co. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-25-000882), on June 16, 2025, and is solely responsible for the information contained therein.
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