Telescope Innovations Corp. Announces Equity Compensation and Debt Settlement

On December 31, 2025, Telescope Innovations Corp. (CSE: TELI, OTCQB: TELIF, FSE: J4U) disclosed a package of equity‑based compensation measures and a shares‑for‑debt transaction that will affect the company’s share base and compensation structure over the next five years. The filing, issued through Newsfile Corp., outlined the following key actions:

  1. Grant of Incentive Stock Options
  • A consultant has been awarded up to 250 000 common‑share options at a strike price of $0.33 per share, aligning with the company’s current market close price of $0.33 (CAD $0.33).
  • The options are exercisable until December 31, 2030.
  • Vesting begins with a four‑month‑plus‑one‑day cliff; thereafter, one‑quarter of the options vest annually over the next three years, resulting in a full vesting schedule that extends through 2030.
  1. Restricted Share Unit (RSU) Grant to Directors
  • Three directors received 192 000 RSUs as part of their 2024–2025 fee arrangements, with a total value of $48 000.
  • The RSUs follow the same vesting pattern as the options: a four‑month‑plus‑one‑day cliff followed by annual vesting in equal portions over three years.
  1. Shares‑for‑Debt Settlement with the CEO
  • Director and Chief Executive Officer Henry Dubina owed the company $12 000 in fees.
  • The company settled this obligation by issuing 48 000 common shares to Dubina at a deemed price of $0.25 per share.
  • These shares carry the statutory four‑month hold period and are considered a related‑party transaction, for which the company cites MI 61‑101 exemptions.

Impact on Share Structure and Valuation

  • The total equity awards—250 000 options plus 192 000 RSUs—will create potential dilution as the options are exercised and the RSUs vest.
  • The shares issued to settle the CEO’s debt represent an additional 48 000 shares, expanding the outstanding share count by roughly 0.27 % of the current share base, given the company’s market capitalization of CA$17.72 million.
  • With a price‑to‑earnings ratio of ‑11.33, the company is not yet generating positive earnings, meaning the market price largely reflects expectations of future profitability rather than current income.

Market Context

  • The company’s share price as of December 29, 2025 was $0.33 CAD, comfortably above its 52‑week low of $0.23 but below its 52‑week high of $0.65.
  • Telescope Innovations is described as a Canadian technology firm specializing in advanced imaging and telecommunications equipment, with a mission to transform connectivity and communication.
  • Its operations serve high‑value sectors, including pharmaceuticals and advanced chemicals, positioning it within niche markets that demand cutting‑edge technological solutions.

Conclusion

The equity compensation package and shares‑for‑debt settlement announced by Telescope Innovations Corp. represent a strategic effort to align the interests of key personnel with the long‑term success of the company while addressing accrued fee obligations in a shareholder‑friendly manner. Stakeholders will monitor how the vesting of options and RSUs, along with the additional share issuance to the CEO, influence the company’s dilution profile and share liquidity as it continues to pursue innovation in the imaging and telecommunications arenas.