SuperBuzz Announces Issuance of Restricted Share Units
March 26, 2024 7:00 AM EDT | Source: SuperBuzz Inc.
Toronto, Ontario--(Newsfile Corp. - March 26, 2024) - SuperBuzz Inc. (TSXV: SPZ) (the "Company" or "SuperBuzz") announces that it has issued 500,000 restricted share units of the Company ("RSUs") to various directors of the Company pursuant to the equity incentive plan of the Company dated September 5, 2023. Each RSU is exercisable into one common share of the Company. The RSUs will vest 12 months following the date of grant.
About SuperBuzz
SuperBuzz is an innovative tool for digital marketers built with GPT-3 and powered by natural language processing. Through automation, small to medium-sized businesses can effortlessly scale their marketing efforts using push notifications to keep customers engaged. SuperBuzz was designed with advanced machine learning algorithms, allowing users to easily create automated campaigns that drastically reduce the time needed for daily marketing tasks. For more information about the Company, please visit www.superbuzz.io. SuperBuzz Inc. is a fully reporting publicly traded company which is listed on the TSX Venture Exchange under the symbol "SPZ".
Additional information in respect of the Company's business is available under the Company's SEDAR+ profile at www.sedarplus.ca.
For further information contact:
Liran Brenner, CEO
liran@superbuzz.io
972 548167755
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information and Cautionary Statements
This press release contains certain statements regarding SuperBuzz Inc. that constitute forward-looking information under applicable securities law. These statements reflect management's current beliefs and are based on information currently available to management.
Certain material factors or assumptions are applied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. These risks and uncertainties include, but are not limited to, risks relating to the Company's: (a) financial condition, including lack of significant revenues to date and reliance on equity and other financing; (b) business, including its early stage of development, government regulation, market acceptance for its products, rapid technological change and dependence on key personnel; (c) intellectual property including the ability of the Company to protect its intellectual property and dependence on its strategic partners; and (d) capital structure, including its lack of dividends on its common shares, volatility of the market price of its common shares and public company costs.
Further information about these and other risks and uncertainties can be found in the disclosure documents filed by the Company with applicable securities regulatory authorities, available at www.sedarplus.ca. The Company cautions that the foregoing list of factors that may affect future results is not exhaustive.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/203097