Matador Technologies Announces Grant of Stock Options

Rhea-AI Summary

Matador Technologies (OTC: MATAF) granted a total of 2,800,000 incentive stock options effective February 17, 2026, to certain directors, officers and consultants under its Stock Option Plan.

Grant breakdown: 1,450,000 options issued as annual awards; 1,350,000 options re-issued to CEO Deven Soni (originally issued Jan 11, 2022, at $0.25 and expired Jan 11, 2026). All new options exercisable at $0.13 per share, vesting over three years with six-month vesting intervals, and a 10-year term expiring February 17, 2036.

Positive

• Total option grant of 2,800,000 shares
• Options vest over 3 years with six-month vesting
• Long 10-year exercise term to February 17, 2036

Negative

• Re-issuance replaces expired options originally at $0.25
• New exercise price of $0.13 reduces potential proceeds per share
• Grant could cause share dilution when exercised

News Market Reaction – MATAF

-5.66%

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-5.66% News Effect

On the day this news was published, MATAF declined 5.66%, reflecting a notable negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

TORONTO, ON / ACCESS Newswire / February 17, 2026 / Matador Technologies Inc. ("Matador" or the "Company"), the Bitcoin Ecosystem Company, announces that it has granted incentive stock options effective February 17, 2026, to purchase a total of 2,800,000 common shares of the Company to certain directors, officers, and consultants in accordance with the Company's Stock Option Plan. The options have been granted as part of the Company's annual compensation review to align management and director incentives with Matador's long-term corporate objectives.

Option Grant Details

The Company has granted a total of 1,450,000 options as part of its annual option package to the certain directors and officers of the Company. Additionally, the Company has approved the re-issuance of 1,350,000 options to CEO Deven Soni. These options were originally issued on January 11, 2022, with an exercise price of $0.25 and expired on January 11, 2026. The re-issuance is intended to maintain long-term alignment with shareholder interests.

Terms of the Options

All options granted are exercisable at a price of $0.13 per share and have a term of 10 years, expiring on February 17, 2036. The options will vest over a three-year period, with vesting occurring every six months.

Media Contact:
Deven Soni
Chief Executive Officer
Email: deven@matador.network
Phone: 647-496-6282

About Matador Technologies Inc.

Matador Technologies Inc. (TSXV:MATA)(OTCQB:MATAF)(FSE:IU3) is a publicly traded Bitcoin ecosystem company focused on holding Bitcoin as its primary treasury asset and building products to enhance the Bitcoin network. Matador's strategy combines strategic Bitcoin accumulation, Bitcoin-native product development, and participation in digital asset infrastructure, with a focus on driving long-term shareholder value while maintaining capital efficiency.

Matador has recently proposed to expand its global footprint by entering into an agreement to invest in HODL Systems, one of India's first digital asset treasury companies, securing up to a 24% ownership stake. This investment strengthens Matador's position as a leading Bitcoin treasury company and underscores its commitment to the worldwide adoption of Bitcoin as a reserve asset.

With a Bitcoin-first strategy, and a clear focus on innovation, Matador is shaping the future of financial infrastructure on Bitcoin.

Visit us online at https://www.matador.network/.

Cautionary Statement Regarding Forward-Looking Information

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.

This news release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including risks associated with the implementation of the Company's treasury management strategy, receipt of regulatory approvals, and the launch of its mobile application as currently proposed or at all. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including with respect to the potential acquisition of Bitcoin and/or US dollars, the pricing of such acquisitions and the timing of future operations. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

SOURCE: Matador Technologies Inc.

View the original press release on ACCESS Newswire

FAQ

What did Matador Technologies (MATAF) announce on February 17, 2026 about stock options?

Matador announced it granted a total of 2,800,000 incentive options effective February 17, 2026. According to the company, options include 1,450,000 annual awards and 1,350,000 re-issued options to the CEO.

What is the exercise price and term for the MATAF options granted February 17, 2026?

All options are exercisable at $0.13 per share with a 10-year term expiring February 17, 2036. According to the company, vesting occurs over three years with six-month intervals.

How many options were re-issued to Matador CEO Deven Soni (MATAF) and why?

The company re-issued 1,350,000 options to CEO Deven Soni to restore alignment with shareholders. According to the company, those options originally issued Jan 11, 2022 expired Jan 11, 2026.

How will the new Matador (MATAF) options vest and affect management incentives?

Options vest over three years with vesting every six months to align management incentives with long-term objectives. According to the company, grants were part of the annual compensation review.

Does the Matador (MATAF) option grant create dilution for shareholders?

The grant could dilute existing shareholders if options are exercised, representing 2,800,000 potential new shares. According to the company, these are subject to exercise at $0.13 per share.

How does the new $0.13 exercise price compare to the original CEO options for MATAF?

The re-issued options have an exercise price of $0.13, down from the original $0.25 issued Jan 11, 2022. According to the company, original options had expired Jan 11, 2026 prior to re-issuance.