NextPower grants 810,733 PSUs, up to 375,000 RSUs to former Prevalon employees after acquisition close
NXT•Service-based RSUs vest over four years
The package includes up to 375,000 service-based restricted stock units (RSUs) vesting in equal annual installments over four years from the closing date.
The performance-based units can vest from 0% to 100%, subject to continued employment through the end of the performance period.
Inducement equity awards tied to Prevalon acquisition
NextPower granted inducement equity awards tied to its acquisition of Prevalon Energy.
The awards total 810,733 performance-based restricted stock units (PSUs), tied to a gross profit goal measured from Apr. 1, 2026 to Mar. 31, 2030.
