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Toggle3D.AI Announces Stock Options and Leadership Change

On January 10, 2025, Toggle3D.AI, a spinout of Nextech3d.ai, announced the issuance of stock options and a change in its CEO. Peter Bloch, a new board member and seasoned entrepreneur, has been granted 50,000 stock options, exercisable at $0.095 per share for two years. CFO Anum Wagas received 500,000 options, while BOD member Anthony Pizzonia was also allotted 50,000 options under the same terms.

Additionally, the company has appointed Evan Gappelberg as its new CEO, succeeding Hareesh Achi. Peter Bloch, the new board member, brings extensive experience in managing and financing both public and private tech firms, notably in the life sciences sector.

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