BeWhere Holdings Inc. reports developments tied to its low-power 5G IoT asset tracking and remote monitoring business. The company designs wide-area tracking devices and cloud-connected solutions used to monitor tools, trailers, equipment, cargo and other mobile assets across transportation, construction, logistics, utilities, health, government and related sectors.
Recurring news includes financial results, product refreshes, customer deployments, channel and telematics integrations, and network-connectivity developments for devices such as BeMini, BeSol+, BeTen+, BeWired+ and BeBatt. Updates also cover product revenue, recurring revenue, supply-chain execution and the expansion of BeWhere trackers through enterprise, fleet, public-safety and industrial asset-management use cases.
Summary not available.
BeWhere Holdings has received approval from the TSX Venture Exchange for a Normal Course Issuer Bid to buy back up to 4,416,074 common shares, representing approximately 5% of its outstanding shares. The buyback period will run from May 24, 2022 to May 23, 2023, or until all shares are purchased. The shares will be acquired at market price through the TSX Venture Exchange. After repurchase, the shares will be cancelled to reduce the total outstanding shares.