Horizon Robotics (HKG:9660) granted a total of 36,704,895 share awards, representing the same number of underlying new class B ordinary shares, under a post-IPO share incentive plan, a Wednesday bourse filing said.
Of this, 35,004,895 awards were granted to employees, with 1 million and 700,000 awards granted to service providers and related entities, respectively.
The automotive solutions provider aims to reward and incentivize the grantees through the awards.