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Offerpad Solutions Stock Surges Over 15% After Hours Following Enhanced HomePro Program Launch - Offerpad Solutions (NYSE:OPAD)
Benzinga· 2025-09-11 05:35
Offerpad Solutions Inc. OPAD shares jumped 15.32% to $4.44 during after-hours trading on Wednesday, following the company’s announcement of strategic enhancements to its HomePro program.Check out the current price of OPAD stock here. Enhanced HomePro Program Drives MomentumThe Tempe-based company unveiled improvements to its HomePro agent partnership program, streamlining real estate transactions and boosting agent productivity. The enhanced workflow manages property assessments, freeing agents from adminis ...
Voxtur Announces Financial Results Delay for Q2 2025
Globenewswire· 2025-08-29 23:10
Core Viewpoint - Voxtur Analytics Corp. has announced a delay in filing its financial results for Q2 2025, which is expected to lead to a cease trade order from regulatory authorities in Canada [1][2][3] Group 1: Financial Reporting - The company will not file its financial results for the second quarter ended June 30, 2025, by the required deadline of August 29, 2025 [1] - The delay is attributed to the company awaiting information related to certain material developments necessary for completing its financial statements [2] - An update will be provided once a revised filing date has been determined [2] Group 2: Regulatory Implications - Due to the delay, the company anticipates being noted in default by applicable securities regulatory authorities in Canada [3] - The Ontario Securities Commission is expected to issue a 'failure-to-file' cease trade order (CTO), prohibiting any trading in the company's securities until the required filings are completed [3] - The CTO will also likely result in the suspension of the company's shares from trading on the TSX Venture Exchange until the CTO is revoked [3] Group 3: Company Overview - Voxtur is a proptech company that provides targeted data analytics to simplify the lending lifecycle for various market participants [4] - The company offers primary and secondary market solutions in the United States and Canada, focusing on accurate and efficient real estate asset valuation [4]
Beeline Completes Strategic Divestiture to Accelerate Digital Mortgage, Title, and Equity Product Expansion
Newsfile· 2025-07-29 12:30
Core Viewpoint - Beeline Holdings, Inc. has disposed of its majority ownership in Bridgetown Spirits Corp. for $367,404, reaffirming its focus on proptech and mortgage sectors while strengthening its balance sheet [1][2]. Group 1: Transaction Details - The transaction closed on July 25, 2025, with Beeline selling its common stock in Spirits to a group led by former CEO Geoffrey Gwin [2]. - As part of the deal, Beeline will write off certain accounts payable and eliminate the need to fund Spirits, while also providing a $75,000 senior secured term loan to Spirits [2]. Group 2: Strategic Focus - Beeline aims to capitalize on new products and an emerging platform in a market expected to recover in 2026, with strong quarterly revenue growth outpacing industry averages [3]. - The divestiture allows Beeline to focus exclusively on its core business, while Bridgetown Spirits can operate as a private company [3]. Group 3: Market Position and Future Outlook - Beeline is set to report its second-quarter earnings on August 14, 2025, with Ladenberg Thalman & Co. initiating coverage and issuing a "Buy rating" with a $4.50 price target [3]. - The closing price of Beeline's stock on July 28, 2025, was $2.14 [3].
X @TechCrunch
TechCrunch· 2025-07-08 06:07
UAE proptech Huspy raises $59M to scale in Europe | TechCrunch https://t.co/OmMdvpfIUj ...
Voxtur Announces Results of Annual and Special Meeting of Shareholders
Globenewswire· 2025-07-02 13:00
Company Overview - Voxtur Analytics Corp. is a North American technology company focused on creating a transparent and accessible real estate lending ecosystem [1] - The company provides targeted data analytics to simplify the lending lifecycle for various market participants, including investors, lenders, and government agencies [4] Shareholder Meeting Outcomes - At the Annual and Special Meeting of Shareholders, the resolution to set the number of directors at four was approved, and the following individuals were elected as directors: Michael Harris, Allan Bezanson, Ray Williams, and Gary Yeoman [2] - The appointment of MNP LLP as the Company's auditor was approved, along with the ratification of the Long-Term Incentive Plan (LTIP) [3] Company Services - Voxtur offers proprietary data hub and workflow platforms that enhance the accuracy and efficiency of real estate asset valuation, facilitating critical due diligence for market participants [4] - The company operates as an independent mortgage technology provider, offering solutions for both primary and secondary markets in the United States and Canada [4]
Voxtur Provides Company Update
Globenewswire· 2025-06-04 20:00
Core Viewpoint - Voxtur Analytics Corp. is undergoing significant transformation amidst challenging market conditions, focusing on long-term sustainability rather than short-term gains [2][4]. Financial Performance - Recent financial statements may appear stark, but the underlying reality is more nuanced, reflecting the complexities of the current market [2][3]. - The company has addressed historical inefficiencies, with ongoing cost reductions not yet fully reflected in financials [5]. Strategic Initiatives - A strategic review process initiated in January 2025 has led to multiple Letters of Interest, indicating potential transactions that could enhance the company's debt structure and achieve positive EBITDA [6]. - The Executive Chairman has waived his salary, with the financial impact expected to be seen in the second quarter of 2025 [5]. Legal Matters - The company acknowledges ongoing legal proceedings that have become public but refrains from commenting on these matters outside of required disclosures [7]. Future Outlook - Voxtur plans to hold a shareholder update and Q&A session at an appropriate time, emphasizing the resilience of the team and the potential of its platform to navigate current challenges [8].
Voxtur Announces Financial Results for the Year and Quarter Ended December 31, 2024
Globenewswire· 2025-04-30 12:00
Core Viewpoint - Voxtur Analytics Corp. reported its financial results for the year ended December 31, 2024, highlighting a focus on operational efficiency and cost management despite a decline in revenue and gross profit [1][3]. Financial Performance - For the three months ended December 31, 2024, revenue was CAD 9,307,000, a decrease from CAD 9,886,000 in the same period of 2023 [2]. - For the year ended December 31, 2024, total revenue was CAD 45,737,000, down from CAD 48,959,000 in 2023 [2]. - Gross profit for the three months ended December 31, 2024, was CAD 5,391,000, compared to CAD 6,073,000 in 2023 [2]. - Gross profit for the year ended December 31, 2024, was CAD 28,889,000, down from CAD 31,527,000 in 2023 [2]. - Gross profit as a percentage of revenue was 58% for the three months ended December 31, 2024, compared to 61% in the same period of 2023 [2]. Operational Improvements - The company reduced cash used in operations by approximately CAD 13.2 million, representing a year-over-year improvement of about 46% [3]. - The company anticipates continued operational improvements into early 2025 as efficiencies take full effect [3]. Strategic Focus - The CEO emphasized the importance of operational efficiency, debt reduction, and strategic execution amid macroeconomic uncertainties [5]. - The company is actively engaged in a strategic review process to evaluate various opportunities for long-term value creation [5][6].