NowVertical Announces the Engagement of Bristol Capital Ltd. for Investor Relations Services
Mar 24, 2025 - financialpost.com
NowVertical Group Inc., a data and AI solutions provider, has engaged Bristol Capital Ltd. for investor relations and communication services. The engagement is for an initial 12-month term, automatically renewing unless terminated, with Bristol receiving a monthly fee of up to CAD$14,000. Additionally, NowVertical will grant Bristol 200,000 incentive stock options, allowing them to acquire shares at CAD$0.50 each over 36 months. This partnership aims to enhance NowVertical's market engagement and investor communication as the company continues its growth in the data and AI sector.
NowVertical is a global data and analytics company that helps clients transform data into business value using AI. The company is expanding through organic growth and strategic acquisitions. The press release includes forward-looking statements about the company's future performance, subject to various risks and uncertainties. NowVertical emphasizes its commitment to effective communication with investors to support its growth strategy.
Key takeaways:
NowVertical Group Inc. has engaged Bristol Capital Ltd. for investor relations services for an initial 12-month term.
Bristol Capital will receive a monthly fee of up to CAD$14,000 and 200,000 incentive stock options.
The stock options will vest quarterly over the initial term and have an exercise price of CAD$0.50 per share.
NowVertical aims to enhance market engagement and investor communication as it grows in the data and AI sector.