IQ-AI Limited Issue of Warrants to Employees (5398A)

TIDMIQAI

RNS Number : 5398A

IQ-AI Limited

26 September 2022

26 September 2022

IQ-AI Limited

("IQ-AI" or the "Company")

Issue of Warrants to Employees

IQAI Limited (the "Company" or "IQAI"), the parent company of Wisconsin-based Imaging Biometrics, LLC (IB), which is focused on delivering quantitative imaging platforms and therapeutics that transform how clinicians diagnose and treat patients more efficiently and effectively, announces today that it has issued warrants to select employees.

The Board has granted these employees a total of 775,000 warrants to subscribe for one ordinary share each in the Company. The warrants will be exercisable at a price of 2.253 pence per share and are exercisable for 10 years from the date of grant.

The Directors of the Company accept responsibility for the contents of this announcement.

-ENDS-

For further information, please contact:

 
 IQ-AI Limited 
  Trevor Brown/Brett Skelly/Vinod Kaushal 
  Tel: [phone] 
 
   Peterhouse Capital Limited (Financial Adviser and Broker) 
   Lucy Williams/Heena Karani 
   Tel: [phone] 
 

Market Abuse Regulation (MAR) Disclosure

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END

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(END) Dow Jones Newswires

September 26, 2022 02:01 ET (06:01 GMT)