Venus Concept Inc. Announces New Compensation Plan with Significant Bonuses for Executives Upon Strategic Transaction Completion
Venus Concept Inc. has announced a new compensation plan that includes significant bonuses for executives Rajiv De Silva and Domenic Della Penna, contingent upon the successful completion of a Strategic Transaction. Mr. De Silva's bonus ranges from $715,000 to $2.12 million, while Mr. Della Penna's bonus ranges from $338,000 to $1 million. The bonuses will be paid in cash and/or cash equivalents, subject to specific conditions outlined in their award letters.
On September 16, 2025, Venus Concept Inc. announced the approval of transaction completion bonuses for two of its executives, Rajiv De Silva and Domenic Della Penna. These bonuses, tied to the successful completion of a Strategic Transaction resulting in a change of control, will be paid in cash and/or cash equivalents. The bonus amount for Mr. De Silva ranges from $715,000 to approximately $2.12 million, while Mr. Della Penna’s bonus ranges from $338,000 to approximately $1 million. The payments are contingent upon specific conditions outlined in their respective award letters. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Venus Concept Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-035717), on September 22, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
