MoneyLion Inc (ML)

[StockLogistics]

Always a good idea to grant employees shares when the stock is down 50% from inception:

“5:29p ET 11/24/2021 - Dow Jones
Press Release: MoneyLion Files a Registration Statement on Form S-8 with the SEC following Business Combination with Fusion Acquisition Corp.

MoneyLion Files a Registration Statement on Form S-8 with the SEC following Business Combination with Fusion Acquisition Corp.
NEW YORK--(BUSINESS WIRE)--November 24, 2021--

MoneyLion Inc. ("MoneyLion") ("the Company") (NYSE: ML), an award-winning, data-driven, digital financial platform, today filed a registration statement on Form S-8 with the SEC as part of its public listing following its business combination with Fusion Acquisition Corp. Employees and other holders of shares received in connection with the business combination remain subject to a lockup period of up to 180 days following the September 22, 2021 closing date.

The Form S-8 is a procedural filing to register shares under the new MoneyLion Inc. Omnibus Incentive Plan (the "Omnibus Plan") and the MoneyLion Inc. 2021 Employee Stock Purchase Plan (the "2021 ESPP"). The number of shares issued or issuable under these plans is disclosed in the Form S-8.

The shares being registered on the Form S-8 include shares relating to equity awards that have been granted to MoneyLion employees and others pursuant to the Omnibus Plan. The shares registered on the Form S-8 also include shares relating to equity awards that may be granted in the future pursuant to the Omnibus Plan. The granting of future equity awards would be subject to the approval of MoneyLion's Board and the vesting terms determined by the Board.

The Company has not yet implemented an employee stock purchase plan, and no shares have been issued pursuant to the 2021 ESPP. “