If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request!At the start of this year, I concluded that security play OSI Systems (NASDAQ: OSIS ) was showing continued momentum, driven by its security business, growing backlog, and growing recurring revenu ...

AITX's RAD Signs Propertysec as Master Distributor to UKStrategic Appointment Expands RAD's Global Footprint, Bringing Advanced AI Security and Property Protection Solutions to UK MarketsOctober 22, 2025 8:40 AM EDT | Source: Artificial Intelligence Technology Solutions, Inc.Detroit, Michigan--(Newsfile Corp. - October 22, 2025) - Artificial Intelligence Technology Solutions, Inc. (OTCID: AITX) (the "Company"), along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), has ...

Not for distribution to U.S. news wire services or for dissemination in the United States Toronto, Ontario, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (“Avante” or the “Company”) is pleased to announce that the Company’s five nominees set forth in the Company’s management information circular dated September 15, 2025 (the “Circular”), being Daniel Argiros, Wade Burton, Robert Klopot, Emmanuel Mounouchos and Bruce Bronfman, were all elected as directors of the Company at the annual general an ...

Verisure reported a data breach to the Swedish police after information connected to one of its Swedish subsidiaries was accessed by an unauthorized party, just over a week after the firm listed its shares on the Stockholm stock exchange in a blockbuster IPO https://t.co/iy2Q7irj1B ...

Core Insights - The company, Artificial Intelligence Technology Solutions, Inc. (AITX), through its subsidiary Robotic Assistance Devices, Inc. (RAD), has achieved one of the strongest single-day order intakes in its history, indicating robust demand for its AI-driven security solutions [1][4]. Company Performance - On October 16, 2025, RAD received orders for 23 hardware units and 17 software licenses from diverse clients in construction, banking, healthcare, and logistics sectors, showcasing the broad applicability of its products [3][4]. - The recent surge in orders follows a series of strong sales months, with record-setting quarters and rapid adoption of RIO Mini units in the construction industry [4][5]. Market Position - AITX is positioned to redefine the nearly $50 billion security and guarding services industry with its innovative Solutions-as-a-Service business model, offering cost savings of 35%-80% compared to traditional manned security [5][6]. - The company has a prospective sales pipeline that includes over 35 Fortune 500 companies, indicating significant growth potential as it converts sales opportunities into recurring revenue streams [8][9]. Leadership and Expertise - The leadership team, including CEO Steve Reinharz, brings extensive experience in the security services industry, enhancing the company's credibility and operational effectiveness [7][9]. - The successful completion of a SOC 2 Type 2 audit validates the company's internal controls for handling customer data, reinforcing its appeal to enterprise and government clients [6][9].

Core Viewpoint - Avante Corp. is addressing allegations made by dissident shareholder George Christopoulos, asserting that his claims are misleading and aimed at advancing a narrow agenda at the expense of the broader shareholder base [2][3][5]. Group 1: Response to Dissident Claims - The Board of Avante rejects the dissident's narrative as misleading and incomplete, emphasizing their commitment to sound governance and long-term value creation [3][6]. - Avante's management and Board did not receive the dissident's shareholder proposals in a timely manner, which were submitted after the statutory deadline [5]. - The Board is composed predominantly of independent directors dedicated to representing all shareholders' interests [3][6]. Group 2: Corporate Governance and Strategy - Avante emphasizes that compensation matters are determined in accordance with legal requirements and good corporate governance principles, with transparency in disclosures [3][6]. - The Corporation is focused on executing its strategic plan, operational improvements, and initiatives for sustainable growth [4][7]. - Shareholders are encouraged to review Avante's continuous disclosure record for accurate information regarding governance and strategic priorities [7]. Group 3: Upcoming Shareholder Meeting - Avante is holding its annual general and special meeting of shareholders on October 21, 2025, encouraging participation [8].

Core Insights - The company reported a net profit of approximately $765,000 for Q2 FY 2026, marking a significant achievement in profitability driven by a favorable debt settlement and operational improvements [4][7][9] Financial Performance - Revenue for the six months ended August 31, 2025, reached $3,743,586, reflecting a 48% increase from $2,526,983 in the prior year [3] - Gross profit increased by 53% to $2,578,366 from $1,686,425 in the comparable period, attributed to higher-value deployments and improved cost efficiencies [4] - Total debt and accrued interest were reduced by approximately $7.3 million during the six months, with estimated annual interest savings of around $640,000 [5] - Operating cash flow improved by $1,033,352, decreasing from $6,433,906 in the prior year to $5,400,554, indicating tighter cost controls and stronger collections [5] Operational Efficiency - Inventory turnover increased to 0.88 times compared to 0.4 times in the prior year, indicating faster product movement and more efficient utilization of working capital [6] - The company has seen steady execution of its growth strategy, with higher-value deployments expanding across sectors such as logistics, healthcare, and critical infrastructure [8] Strategic Outlook - The company expects to maintain positive momentum through the second half of fiscal year 2026, focusing on achieving operational positive cash flow during or shortly after the fiscal third quarter [9] - With a growing base of deployed units and a strong order pipeline, the company is positioned for strengthened financial stability and continued growth potential entering calendar year 2026 [9] Industry Context - The company operates within the nearly $50 billion security and guarding services industry, offering AI-driven solutions that provide cost savings of 35%-80% compared to traditional manned security [11] - The company’s innovative solutions are designed to streamline operations and enhance ROI across various sectors, including government, transportation, and healthcare [16]

Core Points - Avante Corp. has scheduled its annual general and special meeting of shareholders for October 21, 2025, at 10:00 am Toronto time, to be held virtually [1] - Due to the ongoing Canadian postal suspension, Avante will rely on CSA Coordinated Blanket Order 51-932 for exemption from mailing proxy-related materials [2][3] - Shareholders are encouraged to access meeting materials electronically via SEDAR+ or Avante's website [2][3] - Registered shareholders can vote online or by other means after obtaining a voting control number from TSX Trust Company [4] - Non-registered shareholders have specific instructions for voting based on their status as Objecting or Non-Objecting Beneficial Owners [5][6][7] - The meeting will cover the approval of financial statements, election of directors, appointment of auditors, and ratification of a stock option plan [6] Company Overview - Avante Corp. is a Toronto-based provider of security solutions for residential and commercial clients, focusing on advanced technology and high-net-worth individuals [9] - The company aims to establish a diverse portfolio of security businesses through organic growth and strategic acquisitions [9] - Avante is listed on the TSX Venture Exchange under the ticker "XX" [9]

Core Insights - Cloudastructure, Inc. has been selected to provide security services for two luxury multifamily properties in Columbia, Maryland, marking its first engagement with a major multifamily operator in the U.S. [1][2] - The operator aims to enhance security as a differentiator for residents while reducing on-premises guard expenses through Cloudastructure's AI-powered surveillance and remote guarding services [2][4] - The 2024 National Apartment Association Resident Survey indicates that only 13% of residents live in properties with monitored cameras, yet those residents feel safer and are 17% more likely to recommend their community [3] Company Overview - Cloudastructure is headquartered in Palo Alto, California, and offers a cloud-based security platform featuring AI/ML analytics and remote guarding solutions [5][7] - The platform enables businesses to achieve proactive security and offers a value proposition that avoids proprietary hardware, providing contract-free, month-to-month pricing and 24/7 support [5][7] - The company claims its system can achieve up to a 75% lower Total Cost of Ownership compared to other systems, enhancing situational awareness and crime prevention [5][7] Market Positioning - The CEO of Cloudastructure emphasizes that security is now a key brand positioning element, with luxury operators recognizing safety as a valued amenity that differentiates them in a competitive market [4] - Cloudastructure's platform has a deterrence rate of over 98% for threatening activities, which helps prevent theft, trespassing, and confrontations [4]

Market Overview - The S&P 500 has ended a 7-day winning streak due to concerns about the sustainability of the AI-driven rally, while gold prices have surged past $4,000 per ounce [2] - The US government shutdown is now in its second week, with President Trump indicating he may not provide back pay to some federal workers [2][49] Gold Market Insights - The recent surge in gold prices is attributed to momentum and ETF money flows rather than any significant market changes or geopolitical events [5][11] - Analysts have revised their gold price forecasts, with Goldman Sachs raising its target to $4,900 per ounce, reflecting the rapid price escalation [8] - The involvement of retail investors in gold ETFs is a key driver of the current gold price surge, indicating a fear of missing out (FOMO) among investors [11] Economic and Market Conditions - US markets experienced a downturn, with major indices, including the NASDAQ, declining by approximately 0.7% [12] - Asian markets showed mixed results, with the Hang Seng down about 0.7% and the NIK 225 down about 0.3% [14] - European markets also faced declines, with the Stoxx 600 losing about 17 basis points, marking the second consecutive negative session [14] Bond Market Dynamics - US Treasury yields are lower across the board, with former Dallas Fed president Robert Kaplan suggesting that gold's rapid rally serves as a warning signal [16][17] - The bond market is experiencing volatility, with discussions around the potential for further rate cuts and the implications for fixed income investments [21][26] Corporate Developments - BMW has lowered its sales forecast for the year due to US tariffs and weak demand from China, indicating challenges in the automotive sector [2] - Tesla shares have declined following a lackluster response to a new model release, reflecting investor concerns in the auto sector [57] IPO Activity - Security company Very Shore is set to go public on the NASDAQ, raising over €3 billion, marking a significant IPO in Europe [58] - The CEO of Very Shore highlighted a strong track record of double-digit recurring revenue growth, which has attracted investor interest [59]