FilingReader Intelligence

Current Motor issues new stock options, cancels existing ones

August 18, 2025 at 12:07 PM UTCBy FilingReader AI

Current Motor Corporation will issue 58,000 new stock options to directors and employees while acquiring and canceling all 60,000 existing options issued in May 2024.

The action, effective September 2025, aims to reduce dilution after the previous options' exercise price diverged from market value.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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