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Subsequent Events
12 Months Ended
Dec. 31, 2024
Subsequent Events [Abstract]  
Subsequent Events

25. Subsequent Events

 

The Company has evaluated events that have occurred subsequent to December 31, 2024 and through March 31, 2025, the date of the filing of this Report.

 

During the first quarter of 2025, the Company established an Investment Banking and Capital Markets division as part of its strategic expansion. The Company has hired several experienced professionals to lead and develop this growth initiative. In connection with these hires, the Company granted an aggregate of 117,000 shares of RSUs and 950,000 RSAs under the Plan. These shares vest in accordance with the terms of the grant agreements, and the related compensation expense will be recognized over the respective vesting periods in accordance with Topic 718. These hires represent a significant investment in the Company’s future operations, however, as these employment decisions and grants occurred after the balance sheet date, they do not impact the financial position or results of operations presented in these consolidated financial statements.

 

The Company has concluded that apart from the above, there have been no material subsequent events that occurred during such period that would require disclosure in this Report or would be required to be recognized in the financial statements as of December 31, 2024.