BlockchainK2 Corp. Announces Grant of Stock Options
The immediately vested options allow directors and officers to acquire common shares at $0.05 each until October 1, 2028.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
BlockchainK2 (BIDCF) granted 3,515,976 incentive stock options to certain directors and officers under its stock option plan. Each option can be exercised for one common share at $0.05 until October 1, 2028, and all options vested on grant.
Chairman and director Sergei Stetsenko received 1,565,585 options as incentive compensation for no cash consideration. His holdings remain 7,444,840 common shares, including 1,283,750 held by his controlled company, CRG Finance AG. His options increased from 384,806 to 1,950,391. His share ownership remains approximately 19.1% before option exercises. Assuming exercise of his options, his ownership increased from approximately 19.9% to 22.9% on a partially diluted basis, which includes shares issued through his option exercises. Stetsenko holds the securities for investment purposes.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- None.
Negative
- Moderate point. Forward-looking: it has not happened yet and may not happen.3,515,976 immediately vested options permit new share issuance at $0.05 per share until October 1, 2028.
- Minor point. Forward-looking: it has not happened yet and may not happen.Stetsenko's ownership assuming option exercise increased from approximately 19.9% to 22.9% on a partially diluted basis.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - October 1, 2026) - BlockchainK2 Corp. (TSXV: BITK) (OTCQB: BIDCF) (FSE: KRL2) (the "Company" or "BlockchainK2") announces that it has granted an aggregate of 3,515,976 incentive stock options to certain directors and officers of the Company under the Company's stock option plan. Each option is exercisable to acquire one common share of the Company at a price of
Acquisition of Options by Sergei Stetsenko
Sergei Stetsenko, Chairman and a director of the Company, of 3000 - 329 Howe Street, Vancouver, British Columbia V6C 3N2, acquired 1,565,585 of the options (the "Options") described above, each exercisable to acquire one common share of the Company (a "Share") at a price of
Immediately prior to the grant of the Options, Stetsenko beneficially owned or controlled 7,444,840 Shares (including 1,283,750 Shares held by CRG Finance AG, a company controlled by Stetsenko) and 384,806 stock options of the Company, which represented approximately
Immediately following the grant of the Options, Stetsenko beneficially owns or controls 7,444,840 Shares and 1,950,391 stock options, representing approximately
The securities of the Company held by Stetsenko are held for investment purposes. Stetsenko has a long-term view of the investment and may acquire additional securities of the Company either on the open market, through private acquisitions or as compensation or sell the securities on the open market or through private dispositions in the future depending on market conditions, general economic and industry conditions, the Company's business and financial condition, reformulation of plans and/or other relevant factors.
A copy of Stetsenko's early warning report will appear on the Company's profile on SEDAR+ and may also be requested by mail at BlockchainK2 Corp., 3000 - 329 Howe Street, Vancouver, British Columbia V6C 3N2, Attention: Sergei Stetsenko or by phone at (604) 630-8746.
About BlockchainK2 Corp.
BlockchainK2 Corp. is a technology and investment company focused on opportunities within the blockchain and digital-asset ecosystem. Through its subsidiaries, investments and strategic relationships, the Company seeks to participate in the development of blockchain-enabled financial infrastructure and digital-asset businesses.
Additional information is available at https://blockchaink2.com.
For further information, please contact:
Sergei Stetsenko, Chairman
s.serge@gmail.com | 604 - 630 8746
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/316889
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the terms of BlockchainK2's director and officer stock options?
BlockchainK2 granted 3,515,976 options, each exercisable for one common share at $0.05 until October 1, 2028. The options were issued under the company's stock option plan and vested on grant.
How many BlockchainK2 stock options did Sergei Stetsenko receive?
Chairman and director Sergei Stetsenko received 1,565,585 options as incentive compensation for no cash consideration. This brought his total option holdings to 1,950,391, while his beneficially owned or controlled common shares remained at 7,444,840.