Business
Valdor Technology International Settles $225,750 Debt and Grants 100,000 Options to Two Directors
By News Desk ·
Key takeaways
- Valdor Technology International settled $225,750 owed to six arm's length creditors by issuing 1,505,000 common shares at a deemed price of $0.15 each.
- The company granted 100,000 stock options to Tyler Campbell and Arun Lagah, 50,000 each, exercisable at $0.175 for two years.
- The debt settlement is expected to close on or about November 2, 2026, subject to Canadian Securities Exchange policies.
Valdor Technology International Inc. has agreed to settle $225,750 in debt owed to six arm's length creditors by issuing 1,505,000 common shares at a deemed price of $0.15 per share, according to a TradingView report. The Vancouver-based fiber optic components provider also granted 100,000 stock options to two directors, exercisable at $0.175.
Valdor's Debt Settlement Terms
Valdor entered into settlement agreements with the six creditors to issue the shares, which carry a four month and one day hold period under applicable securities laws. The company said its board determined the debt settlement is in the best interests of the company in order to preserve cash for working capital. The settlement is expected to close on or about November 2, 2026, subject to compliance with Canadian Securities Exchange policies.
The company granted 50,000 options each to Tyler Campbell, a director and Interim Chief Executive Officer, and Arun Lagah, a director, in recognition of their services. Each option is exercisable into one common share at $0.175 for two years from the date of grant. The options vest upon issuance and are subject to the same four month and one day hold period.
Valdor Technology International designs and manufactures proprietary field-installable fiber optic connectors and enclosures under its Impact Mount Technology, alongside a streaming media encoder business, serving military, telecom, mining and OEM customers globally, according to akta.pro company records. The company was founded in 1984 and is headquartered in Hayward, California.
Valdor's Fiber Optics Business
Valdor operates through its subsidiary Valdor Fiber Optics, Inc., headquartered near San Francisco, California, which assembles optical fiber components and specializes in the design, manufacture and sale of passive fiber optic equipment. The company's own announcement describes the debt settlement and option grant.
What Comes Next for Valdor
The debt settlement is expected to close on or about November 2, 2026, subject to compliance with Canadian Securities Exchange policies. The common shares issued under the settlement agreements will be subject to a four month and one day hold period under applicable securities laws.