Tokenwell Grants Restricted Share Units

Rhea-AI Summary

Tokenwell (CSE: TWEL, OTCQB: TWELF) granted an aggregate of 350,000 restricted share units (RSUs) to certain officers and consultants, effective April 8, 2026, under its omnibus equity incentive plan. The RSUs vested immediately, with each RSU convertible into one common share, subject to a four‑month‑and‑one‑day hold period.

Positive

• 350,000 RSUs granted to officers and consultants under the equity incentive plan
• Immediate vesting of RSUs potentially supports retention and alignment with shareholders

Negative

• Potential share dilution from up to 350,000 new common shares on RSU settlement
• Issued RSU-related securities face a four-month-and-one-day hold period, limiting near-term liquidity

Argus May 14 session

-7.51% close to close 3.5x rel. volume Open Argus

Details

News Market Reaction – TWELF

On May 14, the first trading day after this news, TWELF closed 7.51% below the previous close. That session’s volume was 3.5x the stock’s average daily volume.

Data tracked by StockTitan Argus for the May 14 session.

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Toronto, Ontario--(Newsfile Corp. - May 13, 2026) - Tokenwell Platforms Inc. (CSE: TWEL) (OTCQB: TWELF) (FSE: Y920) ("Tokenwell" or the "Company") wishes to clarify that, effective April 8, 2026, it granted an aggregate of 350,000 restricted share units ("RSUs") to certain officers and consultants pursuant to the Company's omnibus equity incentive plan (the "Plan"). The RSU grant was approved by the Company's board of directors on April 8, 2026. This news release is being issued to provide disclosure regarding the RSU grant. The RSUs vested immediately upon the date of grant. Each RSU entitles the holder to receive one common share of the Company in accordance with the terms of the Plan and applicable policies of the Canadian Securities Exchange.

All securities issued in connection with the RSU grants are subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws.

On Behalf of the Company

~Timothy Burgess~

Timothy J. Burgess

CEO and Director

About Tokenwell Platforms Inc. (CSE: TWEL) (OTCQB: TWELF) (FSE: Y920)

Tokenwell is a publicly listed cutting-edge cryptocurrency platform dedicated to making digital assets accessible, secure, and efficient for users worldwide. With a focus on innovation and user-centric design, Tokenwell empowers individuals and businesses to engage with the crypto economy confidently. For more information about Tokenwell, its upcoming launches, product benefits and features, Crypto users should visit www.tokenwell.io and download the Tokenwell app on iOS or Android. Potential investors are invited to visit www.tokenwell.com and everyone should follow us on LinkedIn, X & Telegram, and also subscribe to our News Alert opportunity for free and timely notifications from the Company.

For further information

Tokenwell Platforms Inc.

Email: info@tokenwell.com

Web: https://tokenwell.com (Investors)

Web: https://tokenwell.io (Products & Services)

Tokenwell Disclaimer - Tokenwell Platforms Inc. is not an investment adviser or commodity trading advisor. Tokenwell makes no representation regarding the advisability of investments linked to its products. Assets remain on users' own exchanges. Terms and conditions available at tokenwell.com.

Neither the CSE nor its Regulatory Services Provider accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297408

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What RSU grant did Tokenwell (OTCQB: TWELF) announce on April 8, 2026?

Tokenwell granted 350,000 restricted share units to certain officers and consultants, effective April 8, 2026. According to Tokenwell, the grant was made under its omnibus equity incentive plan and approved by the board on the same date.

How many Tokenwell (CSE: TWEL) shares can be issued from the new RSUs?

The 350,000 restricted share units can be settled for up to 350,000 common shares. According to Tokenwell, each RSU entitles the holder to receive one common share, in line with the equity incentive plan and CSE policies.

When did Tokenwell’s 350,000 RSUs vest for officers and consultants?

The 350,000 Tokenwell RSUs vested immediately on the April 8, 2026 grant date. According to Tokenwell, vesting occurred at grant, meaning recipients obtained full RSU rights subject to plan terms and the statutory hold period.

What is the hold period for Tokenwell (TWELF) RSU-related securities?

All securities issued from Tokenwell’s RSU grants are subject to a four-month-and-one-day statutory hold. According to Tokenwell, this hold period complies with applicable Canadian securities laws and restricts resale for that duration after issuance.

Why did Tokenwell issue a news release about the April 2026 RSU grant?

Tokenwell issued the news release to provide disclosure regarding its April 8, 2026 RSU grant. According to Tokenwell, the announcement clarifies grant details, including size, vesting, plan basis, and the applicable statutory hold period for related securities.

Which exchanges list Tokenwell shares affected by the new RSUs?

Tokenwell shares associated with the RSUs trade on the CSE as TWEL and OTCQB as TWELF. According to Tokenwell, each RSU converts into one common share, issued under the company’s plan and Canadian Securities Exchange policies.