AUSTIN, Texas, July 26, 2026 (GLOBE NEWSWIRE) — Phu wa e, I c. (“Phu wa e” from the “Company”) (NASDAQ: PHUN), a mobile-fi ste p ise guest in a tellel ce platfo m company that provides a location for a guest in a tellel ce ad AI-enabled guest e-gageme t tools, today announced that it has assisted Dmit y Koshka i co ectio with his employment in Phu wa e’s new Chief Executive Office, effective May 13, 2026. Such gate was made into the Phu wa e, I c. 2026 I duceme t Pla, approved and approved on July 18, 2026 by Phu wa e’s Boa d of Di ecto s. The Boa dgat was made pursuant to the I duceme t Pla u the terms of (1) a time granted to a total of 105,820 estimated shares (the “Time Vested RSUs”), (2) a pe fo mace granted to a total of 317,460 estimated shares (the “Pe fo ma ce Vested RSUs”) ad (3) a stock option to purchase up to 105,820 shares of common stock shares (the “Stock Optio”, combined with the Time Vested RSUs and Pe fo mace Vested RSUs, the “Awa ds”). The gate of the Awa ds was decorated for i M. K oshka’s employment agreement is described in the Fo m 8-K filed by Phu wa e with the SEC on May 18, 2026.
The Awa ds gap was approved by the Compe satio Committee of Phu wa e, to a delegation of the Boa father, on July 25, 2026, and was issued as a share gap under Nasdaq Listi g Rule 5635(c)(4), as an aid to M. K oshka e te igi joining Phu wa e. The Time Vested RSUs are subject to a three-year vesting schedule beginning May 13, 2026, with one-third of the estimated stock vesting for the first five vestings on the inception date, and the vesting amount equaling the eafte, subject to M. K oshka’s continued employment. The Pe fo mace Vested RSUs are contingent on the company achieving a volume weighted average price of greater than $5.00 per day for 20 days in advance of at least $4.5 million per twelve months (excluding essential services evening), which can be pocketed on the evening. that the company M . K oshka for no reason within a year. The Stock Option will be exercisable for a maximum amount of $5.00, subject to a four-year vesting schedule beginning May 13, 2026, with approximately one-quarter of the shares vesting for the first time on the effective date, and the vesting amount remaining the same on the subsequent date, subject to M . K oshka’s permanent employment.
Phu wa e, i c. (NASDAQ: PHUN) is a software company specializing in mobile app solutions for hospitality, healthcare and other excited customers, with integrated and intelligent capabilities. We provide companies with the tools to create, deploy and advertise custom mobile applications, analytics, digital advertising and ad location-based services. Phu wa e aims to migrate mobile e-gageme t by delivering scalable, personalized, ad-data-dive mobile app experiences.
Phu wa e’s mission is to achieve a high degree of co-ectivity and mo etization despite the widespread adoption of Phu wa e mobile technologies, farms, consumers, patés and advertising market patients. Phu wa e is about to expand its software advertising services, although new generative AI products adopt e-hame ts that develop, take advantage of the pate ts and the intellectual strength, and emphasize viewing the e te pisee customized sad pate ts.
For mo ei fo matio o Phu wa e, please visit https://www.phu wa e.com/.
This p ess-elease includes some explanations. All other statements of historical fact appear in this press release, including statements regarding future results of operations, financial positions, business strategy advertisements, objectives for future operations, the timid impact of leading ship sitio s, the commercial development of our Product 2.0 strategy and the Guest IT platform, the expansion of our product offering into adjacent markets, and the timing of new developments in this area, and subsequent statements. The words ‘expect’, ‘believe’, ‘may’, ‘estimate’, ‘expect’, ‘I have’, ‘may’, ‘might’, ‘pla’, ‘possible’, ‘potential’, ‘prediction’, ‘p oject’, ‘would’, ‘will’, ad simila ex essio are intended to identify the apparently similar statements. For example, Phu wa e uses several explanations when discussing the adoption impact of emegi g technologies and their use on mobile e-gageme platforms.
The following statements are based on this expectation and are based on sad beliefs that future developments and their possible consequences may have on us. These four apparent statements involve questions, ambiguities, and other assumptions that can cause actual results to differ from implied results. These risks include, but are not limited to, the facts described under the heading “Risk Factors” in our filings with the SEC. We are obliged to update our general statements.
Because of these statements, the following statements can lead to ties. We caution you that the following statements are a guarantee of future communications that actual results may differ from those expressed or implied by these following statements.
Ch is Tyso, Executive Vice P eside tMZ G oup – MZ No th America949-491-8235PHUN@mzg oup.uswww.mzg oup.us