ProCap Financial, Inc. announced the adoption of a unique 'moonshot' compensation structure for CEO Anthony Pompliano and the Board of Directors.
This structure ties equity compensation to performance milestones, aligning interests with shareholders.
The 'moonshot' compensation model is a first in capital markets history, focusing on long-term shareholder alignment post-business combination.
CEO Salary and Equity
CEO Anthony Pompliano to receive a $1 annual salary with equity compensation linked to stock price milestones.
Board of Directors Compensation
Board members to get equity compensation based on performance metrics tied to stock price targets.
Founding Equity Structure
Sponsor and Professional Capital Management's equity subject to performance milestones post-transaction.
- The 'moonshot' compensation model aims to create transparency and alignment between leadership and investors.
- ProCap Financial's innovative approach showcases a shift towards performance-based compensation in public companies.
With the anticipated closing of the business combination, ProCap Financial is set to debut on the Nasdaq Global Market under the symbol 'BRR,' ushering in a new era of performance-oriented equity structures in the financial services sector.