I-ON Digital Corp. (IONI) Form 8-K — Jun 12, 2026
I-ON Digital Corp. approved its 2026 Equity Incentive Plan, reserving 100,000 shares of Series E Convertible Preferred Stock for issuance to employees, directors, and consultants. The plan includes an automatic annual increase of the share reserve by 4% of outstanding capital stock for up to ten years. The company granted initial options to purchase 66,750 Series E shares to key executives and service providers at an exercise price of $145 per share.
Key figures
- Offering Price
- 145
- Shares Offered
- 66750
- Conversion rate
- 500:1
- Common stock price
- 0.29
- Total share reserve
- 100000
- Annual increase percent
- 4
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