Ooma Inc. has announced an amendment and restatement of its 2015 Equity Incentive Plan $(EIP)$ and Employee Stock Purchase Plan (ESPP) following approval by stockholders at the 2025 Annual Meeting. The changes include an increase in the number of shares authorized for issuance: 330,000 additional shares for the EIP and 795,144 shares for the ESPP. This adjustment, effective as of June 5, 2025, aims to enhance the company's equity compensation framework. For more detailed information, the amended plans are available in the company's latest Form 8-K filing.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.