Alset AI Extends Marketing Contract, Grants Options and RSUs to Executives and Employees

Alset AI has extended its marketing contract with Machai Capital for an additional two months, spanning from June 12, 2025 to December 12, 2025. The Company also granted 2 million incentive stock options and awarded 2.5 million restricted share units to certain directors, officers, and employees. The extension is subject to TSX Venture Exchange approval, and the new contract aligns with the full launch of Alset AI's flagship Lyken.AI platform and a strong pipeline of opportunities.

Alset AI Ventures (OTC:GPUSF) has extended its digital marketing services agreement with Machai Capital through a second amendment. The contract will now run from June 12, 2025, to December 12, 2025, with no additional costs beyond the previously agreed $400,000 consideration from the first amendment. The extension is subject to approval by the TSX Venture Exchange (the "TSXV").

Additionally, Alset AI has granted 2,000,000 stock options at $0.08 per share and awarded 2,500,000 restricted share units (RSUs) to directors, officers, and employees. The options will vest quarterly over one year, while RSUs will vest after one year. Both grants are subject to shareholder approval at the upcoming August 26, 2025, meeting.

The extension of the agreement is significant as it aligns with the full launch of Alset AI's flagship Lyken.AI platform, which is set to be released soon. The platform is expected to play a pivotal role in advancing the company's strategic objectives and expanding its market reach.

The stock options and RSUs granted to Alset AI's directors, officers, and employees are part of the company's omnibus incentive plan. These grants are designed to align the interests of key personnel with those of shareholders and to incentivize performance and growth. The options and RSUs are subject to the terms and conditions prescribed by the TSXV and applicable securities laws.

The extension of the marketing contract and the grant of stock options and RSUs are subject to regulatory approvals and shareholder approvals. The company has stated that the extension and the grants are expected to strengthen its communication and engagement with the market, positioning it to maximize awareness and engagement across its investor and customer base.

References:
[1] https://www.stocktitan.net/news/GPUSF/alset-ai-announces-extended-marketing-asvnt8rws38j.html
[2] https://www.stocktitan.net/sec-filings/TOP/20-f-top-financial-group-limited-files-annual-report-foreign-issuer-f92f84c6450b.html