ESOPAug 11, 2026, 04:09 PM
DSC Holdings Adopts 2026 Share Plan; Adjusts Option Prices
AI Summary
DSC Holdings Ltd. announced the adoption of its 2026 Share Incentive Plan, which will replace the 2023 Plan for future equity awards and aims to modernize the company's long-term equity incentive framework. Concurrently, the board approved an adjustment to the exercise prices of certain outstanding options granted under the 2023 Plan, effective July 1, 2027. This adjustment, affecting approximately 62.18 million ordinary shares held by 616 grantees, is intended to restore meaningful incentive value and motivate employees.
Key Highlights
- DSC Holdings Ltd. adopted the 2026 Share Incentive Plan, replacing the 2023 Plan for future equity awards.
- The 2026 Plan authorizes grants of share options, share appreciation rights, restricted shares, and restricted share units.
- The initial share reserve for the 2026 Plan is 0, with an annual increase of up to 1.5% of outstanding shares.
- Exercise prices of certain outstanding options under the 2023 Plan were adjusted.
- Original exercise price of US$0.47958 was adjusted to US$0.06300.
- Original exercise price of US$0.21091 was adjusted to US$0.02771.
- Adjusted prices take effect July 1, 2027, conditional on continuous employment.
- The adjustment applies to approximately 62.18 million ordinary shares held by about 616 grantees.
Price Impact