ARCPOINT GRANTS DEFERRED SHARE UNITS

Greenville, South Carolina, Nov. 05, 2024 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) announces that it has granted 2,000,000 deferred share units (“DSUs”) to a director of the Company. The DSUs were granted in consideration for services provided by the director for the period from October 21, 2022 to October 31, 2024. The DSUs were granted under the Company’s omnibus incentive plan dated October 21, 2022. Each DSU entitles the holder to received one Class A subordinate voting share in the capital of the Company at the time the holder ceases to be a director of the Company.

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