In - store retail media and loss prevention
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INEO Tech Corp. Closes $2.345 Million Non-Brokered Private Placement
TMX Newsfile· 2025-12-23 21:05
Core Viewpoint - INEO Tech Corp. has successfully closed a non-brokered private placement, raising gross proceeds of C$2,345,335 to support its growth initiatives in retail media and loss prevention [1][2]. Financing Details - The company issued a total of 156,355,684 common shares at a price of C$0.015 per share, with insiders subscribing to 12,689,020 shares [2]. - A finder's fee of C$8,750 will be paid to CIBC for facilitating certain investors, pending TSXV approval [3]. Use of Proceeds - The net proceeds will be allocated as follows: C$1,600,000 for inventory purchases and customer deployments, and C$745,000 for general and administrative expenses, including paying down current liabilities [3]. - The actual allocation may vary based on operational needs and available working capital [3]. Regulatory Matters - All securities issued are subject to a statutory hold period of four months and one day, in accordance with applicable securities laws and TSXV policies [4]. - Final acceptance of the financing by TSXV is contingent upon customary post-closing filings [4]. Related Party Transactions - The participation of insiders in the financing is classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [5]. Company Overview - INEO Tech Corp. specializes in technology that integrates in-store retail media with loss prevention, operating through its subsidiary INEO Solutions Inc. [8]. - The company manages the INEO Media Network and INEO Retail Media, focusing on digital signage and retail analytics to enhance revenue and reduce theft [8].
INEO Retail Store Screens Now Live on Dolphin Digital's DOOH Marketplace
Newsfile· 2025-11-04 12:05
Core Insights - INEO Tech Corp has successfully integrated its platform with Dolphin Digital's supply-side marketplace, allowing its retail locations to receive advertising demand from the Dolphin platform [1][2] - Advertisers can now purchase INEO's entrance and in-store screen inventory through private marketplace deals and programmatic channels, enhancing accessibility and efficiency [2][3] Integration Details - The integration supports standard Digital Out-Of-Home (DOOH) specifications, providing prioritized access for curated advertising packages and unified delivery and reporting [2][7] - The CEO of INEO emphasized that this integration aims to simplify the purchasing process for high-impact entrance placements while maintaining quality and retailer controls [3][7] Financial Update - The company disclosed an amendment to its existing $1,000,000 loan agreement, which now features an extended payment due date from November 2025 to April 2026 and a reduced annual interest rate from 12% to 10% [4] - The loan is now secured by a general security agreement on the company's assets, improving financial flexibility [4] Company Overview - INEO Tech Corp specializes in technology that merges in-store retail media with loss prevention, operating the INEO Media Network and INEO Retail Media [5] - The company's patented technology integrates Electronic Article Surveillance (EAS) pedestals with digital displays, helping retailers reduce theft while generating additional media revenue [5]
INEO Tech Corp. Closes Non-Brokered Private Placement
Newsfile· 2025-10-31 11:00
Core Points - INEO Tech Corp. has successfully closed a private placement financing of $239,600, maintaining the previously disclosed terms [1] - The net proceeds from the financing will be allocated for working capital and general corporate purposes, including support for ongoing customer deployments and product development [2] Regulatory Matters - All securities issued are subject to a hold period of four months and one day in accordance with applicable securities laws and TSX Venture Exchange policies [3] - No finders fees were paid in connection with the financing, and final acceptance by the TSX Venture Exchange is subject to customary post-closing filings [3] Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, with a focus on technology solutions [5] - The company runs the INEO Media Network, a digital signage and retail analytics platform, and INEO Retail Media, which manages advertising across in-store screens [5] - INEO's patented technology integrates Electronic Article Surveillance (EAS) pedestals with digital displays to help retailers reduce theft while generating additional media revenue [5]
INEO Announces Fiscal Fourth Quarter and Annual 2025 Financial Results
Newsfile· 2025-10-29 03:27
Core Insights - INEO Tech Corp. announced its fiscal fourth quarter and annual financial results for the year ending June 30, 2025, highlighting its position as a technology leader in retail media and loss prevention [1][2]. Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention through its subsidiary INEO Solutions Inc. [3] - The company manages the INEO Media Network, a digital signage and retail analytics platform, and INEO Retail Media, which focuses on advertising across in-store screens [3]. - INEO's patented technology integrates Electronic Article Surveillance (EAS) pedestals with digital displays, enabling retailers to reduce theft while generating additional media revenue [3]. - The company is headquartered in Surrey, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange (INEO) and the OTCQB (INEOF) [3].