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A2Z Cust2Mate Solutions Corp. develops smart retail technology through the Cust2Mate Smart Cart platform, which turns shopping carts into connected commerce tools for scanning, in-cart payment, retail media, shopper engagement, data services, and store operations.
Company news commonly covers smart cart deployment agreements with supermarket and home goods retailers, retail media and brand advertising activity, financial results, share repurchase actions, Nasdaq listing compliance, and governance or reporting updates. Recent announcements also reflect the company's focus on monetizing in-store media and data capabilities across deployed smart cart networks, including activity in Israel and broader international expansion.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) has appointed Fraser Neil as its new Chief Sales Officer to spearhead global sales expansion. Neil, with nearly 30 years of experience in CPG, retail, and technology solutions, will build and lead sales teams across North America, Europe, and Israel.
Previously Vice President of CPG at Trax Retail Ltd., Neil brings expertise in driving international growth and delivering consistent revenue results. His experience includes senior roles managing global brands like Unilever, PepsiCo, and Nestlé. Neil will focus on scaling Cust2Mate's Smart Cart technology adoption and monetizing retail media, data, and third-party services through the platform.
The company will showcase its latest Smart Cart solution at GroceryShop 2025 in Las Vegas, Booth #753, from September 28 - October 1.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) has secured a groundbreaking agreement with Yochananof, Israel's premier supermarket chain, to monetize retail media, data, and digital assets generated by its smart shopping carts. This follows the recent announcement of deploying 5,000 Cust2Mate 3.0 smart carts.
The agreement unlocks three key revenue streams: retail media advertising (with each cart generating ~25,000 monthly impressions), data monetization from consumer insights (in a market projected to reach $20.3 billion by 2033), and a smart cart marketplace enabling third-party services and integrations. The retail media segment alone is expected to reach $170 billion by 2025, representing over 15% of total digital ad spend by 2027.
A2Z Cust2Mate Solutions (NASDAQ:AZ) has secured a significant $55 million purchase order from Israeli supermarket chain Yochananof for the deployment of 5,000 Cust2Mate 3.0 smart shopping carts. The agreement includes upfront payment and monthly charges per cart for a minimum of 60 months, plus a data and retail media services agreement.
The deployment, scheduled for completion by end of 2026, will distribute up to 250 units to large stores and 100 units to medium-sized locations. As part of the deal, A2Z will purchase back Yochananof's existing Gen 2.5 carts for $7 million. The implementation aims to revolutionize store operations by optimizing checkout areas and reducing traditional manned stations.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) has announced the pricing of two concurrent offerings totaling $30 million. The company is conducting an underwritten public offering of 3,281,250 common shares and a registered direct offering of 1,406,250 common shares, both priced at $6.40 per share.
The offerings are expected to close around January 29, 2025. Titan Partners Group is serving as the sole bookrunner for the public offering. The net proceeds will be used for business development and expansion, including fulfilling contracted smart cart backlog orders, accelerating client onboarding, and working capital purposes.
Both offerings are being made through a shelf registration statement on Form F-3 that became effective on April 21, 2023.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ) has announced plans for an underwritten public offering of its common shares. The company intends to use the proceeds for continued development and expansion of existing business, specifically for fulfilling contracted smart cart backlog orders and accelerating the onboarding process for new clients, as well as working capital purposes.
The offering will be conducted through a shelf registration statement on Form F-3 that became effective on April 21, 2023. Titan Partners Group, a division of American Capital Partners, is serving as the sole bookrunner. The final size, terms, and completion of the offering are subject to market conditions and cannot be guaranteed.
A2Z Cust2Mate Solutions (NASDAQ:AZ) has announced a US$12.5 million registered direct offering of 1,947,000 common shares priced at $6.40 per share. The offering, which includes no warrants, is expected to close around December 16, 2024. The company plans to use the net proceeds for working capital and general corporate purposes. The offering is being conducted under an effective shelf registration statement, with no placement agent involved. The shares are not being offered in Canada.
A2Z Cust2Mate Solutions (NASDAQ:AZ) has announced its participation in the upcoming 13th Annual ROTH Technology Conference, scheduled for November 19-20, 2024, at the Hard Rock Hotel in New York City. CEO Gadi Graus will represent the company and conduct one-on-one meetings throughout both days of the conference. This event provides an opportunity for investors and stakeholders to engage directly with A2Z's management team.
A2Z Smart Solutions has regained compliance with Nasdaq's minimum bid price requirement after maintaining a closing bid price of $1.00 or more for at least 10 consecutive business days, as confirmed on October 21, 2024. This resolves the previous non-compliance notice received on April 24, 2024. Additionally, the company's board has approved a 12-month extension for 653,746 share purchase warrants to November 6, 2025. These warrants, originally issued through private placements on November 8, 2022, maintain their exercise price of $3.75 per common share.
A2Z Cust2Mate Solutions Corp. (NASDAQ:AZ), a global leader in innovative technology solutions, has announced a registered direct offering of up to 642,860 common shares at a price of US$2.80 per share, aiming to raise an aggregate of US$1.8 million. The offering, which includes no warrants, is expected to close around October 15, 2024, subject to customary conditions. A2Z plans to use the net proceeds for working capital and general corporate purposes. The shares are being offered under a previously filed "shelf" registration statement, with no placement agent involved. The company has emphasized that these securities are not being offered in Canada.