TORONTO, March 10,
2023 /CNW/ - Newtopia Inc. ("Newtopia" or the
"Company") (TSXV: NEWU) (OTC: NEWUF), a tech-enabled habit
change provider focused on preventing, slowing and reversing
chronic disease, announces that its board of directors has granted
incentive stock options to directors, officers and employees of the
Company exercisable for 10,600,000 common shares of the Company at
$0.105 per share for five years (the
"Options"). The Options have been granted pursuant to the
Company's amended and restated stock option plan dated September 14, 2022. The Options granted to
directors will vest quarterly over one year and the Options granted
to officers and employees will vest quarterly over three years.
About Newtopia
Newtopia is a personalized whole health platform helping people
create positive lifelong habits that prevent, slow, or reverse
chronic disease while reducing healthcare costs. The platform
leverages genetic, social and behavioral insights to create
individualized prevention programs with a focus on metabolic
disease, diabetes, mental health challenges, hypertension, weight
management and musculoskeletal disorders. With a person-centered
approach that combines virtual care, digital tools, connected
devices and actionable data science, Newtopia delivers sustainable
clinical and financial outcomes. Newtopia serves some of the
largest nationwide employers and health plans and is currently
listed in Canada on the Toronto
Stock Exchange (TSXV: NEWU) and is quoted in the US on the
OTCQB® Venture Market (OTCQB: NEWUF). To
learn more, visit
newtopia.com, LinkedIn or Twitter.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this news
release.
For further information:
Chief Executive Officer:
Jeff
Ruby, jruby@newtopia.com; 888-639-8181
ADDO Investor Relations:
Kimberly Esterkin, investor@newtopia.com;
310-829-5400
SOURCE Newtopia Inc.