Brag House Holdings grants stock options to executives and directors

Brag House Holdings , Inc. (NASDAQ:TBH), a micro-cap company with a market value of $7.8 million, announced that its board of directors approved the issuance of stock options to several executives and non-employee directors after the close of trading on the Nasdaq Capital Market on Friday. The stock currently trades at $0.72, down 83% over the past six months.

According to a statement released through a Securities and Exchange Commission filing, the company granted 223,556 stock options each to Lavell Juan Malloy II and Daniel Leibovich, and 50,000 options to Chetan Jindal. All options were issued under the company’s 2024 Omnibus Incentive Plan.

Additionally, the board approved the issuance of 150,000 stock options to Kevin Foster and 100,000 options each to DeLu Jackson and Daniel Fidrya, who serve as non-employee directors of the company.

Each option has an exercise price of $1.00 per share, vests and becomes exercisable immediately, and will expire on July 18, 2030.

The company is incorporated in Delaware and is listed on the Nasdaq Stock Market. The information is based on a press release statement filed with the SEC. InvestingPro subscribers can access additional insights about TBH’s financial health, valuation metrics, and growth prospects, along with 13 more exclusive ProTips about the company’s performance.

In other recent news, Brag House Holdings, Inc. announced plans to launch a digital asset platform aimed at college athletes. This initiative is part of the company’s Name, Image, and Likeness (NIL) program. The platform will enable student-athletes to create and sell personalized digital assets, including highlight reels, game-day passes, and authenticated collectibles. Brag House intends to generate revenue through transaction fees on initial sales and royalties from subsequent marketplace activity. These developments reflect the company’s efforts to engage with the collegiate sports community and leverage new opportunities in the digital asset space.

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