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Aitenders Technologies Inc. Grants Stock Options
October 30, 2026 — Leads & Copy — Aitenders Technologies Inc. (CSE: BIDS) announced on October 27, 2026, the grant of 4,684,246 stock options to directors, officers, employees, and consultants. These options are part of the Company's stock option plan and allow the holders to purchase common shares at an exercise price of $0.58 per share.
The options have a five-year term, expiring on October 27, 2031. A significant portion of the granted options, totaling 3,084,531, will vest in six equal installments every six months following the grant date. The remaining 1,599,715 options are subject to vesting upon the achievement of specific annual recurring revenue milestones.
Aitenders Technologies Inc., which operates in the artificial intelligence sector through its subsidiary Aitenders, is focused on developing an AI-powered platform for tender response and contract management. This platform is specifically designed for complex construction and infrastructure projects. Founded in 2019 and based in Saint-Étienne, France, the company has been recognized as one of the Top 50 ConTech Startups 2026 globally by Cemex Ventures.
The Aitenders platform assists enterprise customers in tracking requirements, clauses, and commitments throughout a project's lifecycle, from the bidding process to the final milestone. The platform aims to build a unique and growing data asset by compounding a client's proprietary knowledge with each project.
The company serves a diverse clientele, including three of the top five largest construction firms in both Europe and North America. The granting of these stock options underscores the company's strategy to incentivize key personnel and align their interests with the company's growth objectives, particularly concerning its annual recurring revenue targets.
Source: Aitenders Technologies Inc.