Cel AI PLC Extends Massive Grant of Warrants to Select Directors and Advisors, Revamping its Strategic Bitcoin Treasury Focus

Cel AI PLC, the distinguished AI agent deployment platform with a discerning Bitcoin treasury strategy, has recently announced a grant of 256,000,000 new warrants. These have been allocated to three Company Directors in addition to its broker and advisor, in an effort to subscribe for new ordinary shares. Evoking significant interest, all of these warrants, with the exception of those offered to the Company’s broker, can be exercised at £0.002 per ordinary share within a span of five years.

A policy for the new warrants states the initial third can be exercised immediately, granted the terms are unrestricted. The remaining two-thirds will vest quarterly over a three-year period from the grant date. Differently, the warrants granted to the Company’s broker, intended to settle fees, vest immediately and can also be exercised at £0.002 per ordinary share, but for a shorter three-year period.

Previously, there was mention of 5 billion new ordinary shares being issued. However, it’s been stated that over 90 million shares were already issued, with an additional 4.9 billion to be issued for Placing and Subscriptions. While this correction has been made, all other investor-related details remain consistent.

This exciting initiative by Cel AI PLC signifies a renewed focus and commitment to facilitating AI operations alongside Bitcoin treasury transactions. Amid the rapidly evolving digital landscape, the company appears set to ensure a robust value proposition for shareholders and potential investors alike.