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INEO Issues Notice of Material Breach to Bon Intelligence and Terminates Reseller Agreement
TMX Newsfile· 2026-01-21 12:15
Core Viewpoint - INEO Tech Corp. has issued a formal notice of material breach to Bon Intelligence Inc. regarding their license agreement, citing multiple breaches including failure to meet payment and reporting obligations [1][2]. Group 1: License Agreement Breaches - The notice identifies several material breaches of the License Agreement, specifically related to payment and reporting obligations [2]. - INEO Solutions has demanded that Bon remedy these breaches within the contractual cure periods, with intentions to terminate the License Agreement if not resolved [3]. Group 2: Financial Implications - The company recognized $206,625 in revenue for the quarter ended June 30, 2025, related to the Bon agreement, which may be subject to write-off or adjustment based on ongoing reviews [4]. Group 3: Reseller Agreement Termination - INEO Solutions has terminated the reseller agreement with Bon, effective immediately, which prohibits Bon from marketing or selling INEO products or services [5].
INEO Tech Corp. Welcomes Two Strategic Additions to Its Board of Directors
TMX Newsfile· 2026-01-14 12:00
Core Insights - INEO Tech Corp. has appointed Mansoor Ali and Gino Gualtieri to its Board of Directors, enhancing its capabilities in retail operations, technology, and digital integration [1][2][3] Group 1: New Directors' Impact - The appointments are timely as INEO is expanding its Welcoming System and retail-media network, with Gino's retail IT experience aiding in scalable and secure rollouts [2] - Mansoor's expertise in digital media and content monetization will help INEO convert hardware deployments into recurring revenue streams from advertising and media services [2][3] - The new directors will contribute to strategic oversight and execution, with plans to assign them to relevant committees to leverage their expertise effectively [3] Group 2: Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, with its subsidiary INEO Solutions Inc. managing the INEO Media Network and INEO Retail Media [4] - The company integrates Electronic Article Surveillance (EAS) with digital displays to help retailers reduce theft while generating additional media revenue [4] - INEO is publicly traded on the TSX Venture Exchange and OTCQB, headquartered in Surrey, British Columbia [4] Group 3: Directors' Background - Mansoor Ali has over 20 years of experience in digital media and retail technology, co-founding Dolphin Digital and leading large-scale digital signage networks [6] - Gino Gualtieri brings over two decades of leadership in retail technology, having served as Chief Technology/Information Officer at major Canadian retailers, and is well-versed in managing retail IT infrastructure [6]
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 Tech Corp. Announces Non-Brokered Private Placement
Newsfile· 2025-12-01 12:25
Core Viewpoint - INEO Tech Corp. announces a non-brokered private placement to raise up to $2,345,000 by issuing up to 156,355,684 common shares at a price of $0.015 per share [1][3]. Offering Details - The Offering allows eligible INEO shareholders to participate, subject to compliance with applicable securities laws [2][8]. - The rights offering previously announced on November 24, 2025, has been terminated due to objections, but existing shareholders still have the opportunity to participate in this Offering [3]. Use of Proceeds - Net proceeds from the Offering are intended for working capital and general corporate purposes, including inventory purchases, deployments, product/engineering, and sales & marketing initiatives [4]. - The allocation of proceeds is as follows: - Inventory Purchase and Customer Deployments: $1,600,000 (assuming 100% of the offering) - General and Administrative Expenses: $745,000 (assuming 100% of the offering) [5]. Closing and Conditions - The Offering is subject to customary conditions, including acceptance by the TSX Venture Exchange, and may close in one or more tranches [6]. - All securities issued will be subject to a statutory hold period of four months plus one day from the closing date [6]. Insider Participation - Coenda Investments Holding Corp. has the right to maintain its interest in the Company by participating in the Offering, with a notification deadline of December 5, 2025 [9]. - Other insiders may also participate, and such participation is expected to be exempt from formal valuation and minority shareholder approval requirements [9]. Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, with a focus on digital signage and retail analytics through its subsidiary INEO Solutions Inc. [10]. - The company’s patented technology integrates Electronic Article Surveillance (EAS) with digital displays to help retailers reduce theft while generating media revenue [10].
INEO Announces Suspension of Rights Offering
Newsfile· 2025-11-28 12:00
Core Viewpoint - INEO Tech Corp. has suspended its rights offering due to the withdrawal of conditional approval from the TSX Venture Exchange, following a shareholder complaint regarding the offering's structure and its impact on shareholder interests [1] Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention through its subsidiary INEO Solutions Inc. [2] - 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 [2] - INEO's technology integrates Electronic Article Surveillance (EAS) pedestals with digital displays, helping retailers reduce theft while generating additional media revenue [2] - The company is headquartered in Surrey, British Columbia, Canada, and is publicly traded on the TSX Venture Exchange and OTCQB [2]
INEO Announces Filing of a Rights Offering Circular
Newsfile· 2025-11-25 00:25
Core Viewpoint - INEO Tech Corp. has announced a rights offering to raise up to $1,683,357, allowing shareholders to purchase additional common shares at a subscription price of $0.01 each [2]. Group 1: Rights Offering Details - The rights offering will provide one right for each common share held by shareholders as of the record date of December 2, 2025 [2]. - The rights will be tradable on the TSXV under the symbol "INEO.RT" from December 2, 2025, until December 29, 2025, after which unexercised rights will be void [4]. - Shareholders who fully exercise their rights will have the opportunity to subscribe for additional common shares if available due to unexercised rights [4]. Group 2: Change of Control Provisions - Certain change of control payments are due to the CEO and Chairman if any party acquires 50% or more of the common shares, including a payment equal to three years' salary and immediate vesting of stock options [3]. - To avoid triggering these change of control rights, the company will limit the number of common shares issued so that no subscriber acquires 49.99% or more of the outstanding shares [3]. Group 3: Use of Proceeds - Proceeds from the rights offering are expected to be allocated for inventory purchases, customer deployments, payment of current liabilities, and general administrative expenses [7]. Group 4: Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, offering a digital signage and retail analytics platform through its subsidiary [9]. - The company is headquartered in Surrey, British Columbia, and is publicly traded on the TSX Venture Exchange and OTCQB [9].
INEO Retail Store Screens Now Live on Dolphin Digital's DOOH Marketplace
Newsfile· 2025-11-04 12:05
INEO Retail Store Screens Now Live on Dolphin Digital's DOOH MarketplaceNovember 04, 2025 7:05 AM EST | Source: INEO Tech Corp.Surrey, British Columbia--(Newsfile Corp. - November 4, 2025) - INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) (the "Company" or "INEO"), a technology leader at the intersection of in-store retail media and loss prevention, today announced the completed integration of the INEO platform with Dolphin Digital's supply-side marketplace. INEO's retail locations are now availab ...
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].
INEO Tech Corp to Present at the LD Micro Main Event XIX
Newsfile· 2025-10-16 11:00
Core Insights - INEO Tech Corp will present at the 19th annual LD Micro Main Event on October 21st at 3:30 PM PT, showcasing its innovative technology that integrates loss prevention with in-store advertising [1][3][8] Company Overview - INEO Tech Corp specializes in technology that merges in-store retail media with loss prevention, operating through its subsidiary INEO Solutions Inc. [7] - 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 [7] - INEO's patented technology combines Electronic Article Surveillance (EAS) pedestals with digital displays, enabling retailers to reduce theft while generating additional media revenue [7] Event Details - The LD Micro Main Event XIX will take place from October 19th to 21st at the Hotel del Coronado in San Diego, California, featuring around 120 companies presenting in half-hour increments [5][6] - The event will include registration, keynote speakers, and opportunities for one-on-one investor meetings, concluding with a closing reception [5][6]