Renoworks grants stock options for 2024

Renoworks Software Inc. announced the issuance of 860,000 stock options to its employees, officers, consultants, and directors on October 28, 2024. The options, which vest equally over three years, feature a five-year term with an exercise price set at $0.24 and will expire on October 27, 2029. This issuance increases the total number of options outstanding to 3,453,000, representing 8.5% of the company’s outstanding shares.

Renoworks specializes in visualization and lead generation technology for the home renovation and new construction sectors. The company provides innovative software solutions aimed at enhancing the customer experience in product selection for remodeling and construction projects.