SalesCloser Technologies Announces Engagement of Market Maker & Strategic and Advisory Consulting Agreement
Globenewswire·2026-03-31 20:15

Core Insights - SalesCloser Technologies Inc. has engaged Generation IACP Inc. for market making services to enhance liquidity of its common shares [1][2] - The company has also entered into a consulting agreement with Green Times Consulting Ltd. for strategic and advisory services [3][4] Market Making Services - Under the IACP Agreement, Generation will receive a monthly fee of C$8,500 plus applicable taxes, with an initial term of six months [2] - The fee will increase by 3% annually, and no stock options or other compensation will be granted [2] - Generation does not currently own any securities of the company but may acquire an interest in the future [2] Consulting Agreement - The consulting agreement with Green Times Consulting Ltd. is for a two-month period starting April 1, 2026, with a total fee of $200,000 plus GST [4] - Payment will be made in common shares, with 65% payable for the first month and 35% for the second month, based on the average closing price of the company's shares [4] - The shares issued will be subject to a four-month resale hold period [4][5] Company Overview - SalesCloser.ai is an AI software company focused on automating revenue generation through conversational AI [6] - The platform enables businesses to deploy AI-powered virtual sales agents for various sales lifecycle interactions [6] - The company operates under a subscription-based SaaS model, generating recurring revenue with high gross margins [6]

SalesCloser Technologies Announces Engagement of Market Maker & Strategic and Advisory Consulting Agreement - Reportify