Tuesday, 02 January 2024 12:17 GMT

Networknewsbreaks SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) Grants Equity Incentives To CEO And Directors


(MENAFN- Investor Brand Network) This article has been disseminated on behalf of SPARC AI Inc. and may include paid advertising.

SPARC AI (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) announced the granting of incentive stock options to CEO Anoosh Manzoori and directors Anthony Haberfield and Don Hilton under the company's stock option plan, marking the first equity incentive awards to its CEO and directors in more than three years. Each received 200,000 stock options exercisable at $3.10 per share for three years, while Manzoori also received 300,000 restricted share units as a long-term incentive that will vest after four years. The company said the grants are intended to reward continued contributions while maintaining a long-term focus on growth, strategy execution and sustainable shareholder value.

To view the full press release, visit

About SPARC AI Inc.

SPARC AI is a defence technology company solving one of the most critical challenges in modern autonomous systems: accurate navigation and targeting when GPS is unavailable. The company's AI-powered platform transforms the low-cost inertial sensors already inside commercial drones into precision instruments without additional hardware, external signals, or complex integration. SPARC AI's software-only approach enables GPS-denied capability at the scale and cost required for modern drone operations.

NOTE TO INVESTORS: The latest news and updates relating to SPAIF are available in the company's newsroom at

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