Mostly agree. I think options will consider loyal SH as either the day they announce it or within the next few days (post announcement) but usually not a date in the past.
Options can be free to holders as of a certain date (as above) and exercise price and timing could depend on how much funds the company wants to raise and by when - this could align with the next set of trials/ inflection points (eg. Next phase of TBI or Psychedelics trials). Note however that the company has the option to raise funds in the USA where it has just listed and will also conduct the next phase of OSA trials for which the company probably has enough funds or will be raised on Nasdaq. So while loyalty options to SH sounds good, we know our BOD will not unnecessarily dilute the register.
IHL Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
