DataMetrex Signs Definitive Agreement to Acquire Yuzu Payment Processing Solution From Firstpayment Inc.
Rhea-AI Summary
Datametrex (OTC:DTMXF) signed a definitive asset purchase agreement dated December 9, 2025 to acquire the Yuzu payment processing solution, including related patents and intellectual property, from Firstpayment for a purchase price of $5.5 million.
The purchase price will be satisfied by issuing 55,000,000 common shares at a deemed price of $0.10 per share to Firstpayment. Completion is expected on or about December 17, 2025, subject to customary closing conditions and TSXV approval.
Upon closing, proceeds from a previously announced private placement will be released from escrow to integrate Yuzu into Datametrex's technology division and pursue merchant revenue opportunities; Michael Kron is expected to join the board and serve as COO of Paymetrex.
Positive
- Acquisition of Yuzu payment solution and related patents
- $5.5M purchase price documented in definitive agreement
- Proceeds from private placement to fund integration and merchant pursuits
- Expected leadership addition: Michael Kron joining board and as COO
Negative
- Consideration issued as 55,000,000 shares at $0.10 per share
- Closing subject to TSXV approval and customary conditions
- Completion anticipated on or about Dec 17, 2025, timing risk
Key Figures
Market Reality Check
Peers on Argus
Sector peers were mixed: HWNI down -2.33%, NOSUF and CISCF flat, while GTLL and GTCH showed large gains (100% and 50%). This pattern does not point to a uniform sector move around this acquisition.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 01 | Clinic services expansion | Positive | -1.2% | Imagine Health launched walk-in services at Calgary and Edmonton clinics. |
| Nov 24 | Staffing expansion | Positive | -1.7% | Imagine Health added four new physicians and began accepting new patients. |
| Nov 21 | Clinic relocation | Positive | -14.2% | Imagine Health reopened its Edmonton South clinic in a new location. |
| Nov 20 | Clinic relocation | Positive | +42.9% | Imagine Health relocated its Calgary clinic and confirmed full operations. |
| Nov 14 | Financings closed | Positive | +12.2% | Company closed equity financings raising over $5M for growth initiatives. |
Recent operational and financing news with generally positive tone has produced mixed reactions, with several clinic expansion updates seeing negative price moves alongside a few strong positive spikes.
Over the past months, Datametrex focused on expanding its Imagine Health clinic network and securing funding. Multiple releases in November–December 2025 detailed new or relocated clinics in Calgary and Edmonton and added physicians and walk-in services. On November 14, 2025, the company closed financings raising $5,133,500, partly tied to the Yuzu Payment Solution acquisition. Market reactions alternated between sharp gains and declines, showing no consistent pattern despite largely growth-oriented announcements.
Market Pulse Summary
This announcement finalizes Datametrex’s plan to acquire the Yuzu Payment Solution for $5.5 million, paid via 55,000,000 shares at $0.10. It follows earlier financings totaling $5,133,500 and prior LOI disclosures, and continues the company’s pattern of share-based acquisitions alongside clinic expansion. Key factors to monitor include regulatory approvals, the planned December 17, 2025 closing, execution of Yuzu’s integration, and how added payment capabilities contribute to future revenue.
Key Terms
definitive asset purchase agreement financial
patents technical
intellectual property technical
subscription receipts financial
escrow financial
private placement financial
arm's length transaction financial
closing conditions regulatory
AI-generated analysis. Not financial advice.
TORONTO, ONTARIO / ACCESS Newswire / December 10, 2025 / Datametrex AI Limited (the "Company" or "Datametrex'') (TSXV:DM)(FSE:D4G)(OTC:DTMXF) is pleased to announce further to its news releases dated September 15, 2025, September 22, 2025, September 29, 2025 November 11, 2025 and November 14, 2025, it has signed a definitive asset purchase agreement, dated December 9, 2025 (the "Definitive Agreement") to acquire via a wholly owned subsidiary, Paymetrex Payment Solutions Inc, ("Paymetrex") the Yuzu payment processing solution from Firstpayment Inc. ("Firstpayment"), a Canadian-based fintech company, including the related patents and intellectual property (the "Yuzu Payment Solution") in an arm's length transaction (the "Transaction").
Transaction Terms
Under the terms of the Definitive Agreement, Datametrex will acquire the Yuzu Payment Solution from Firstpayment for the purchase price of
Upon completion of the Transaction, it is anticipated that Michael Kron, the current CEO of Firstpayment, will join the Board of Directors of the Company and will be COO of Paymetrex.
Upon closing of the Transaction, the proceeds of the Company's previously announced private placement of subscription receipts will be released from escrow and will be used to integrate the Yuzu Payment Solution into Datametrex's technology division and to pursue merchant opportunities to generate revenue.
Completion of the Transaction is expected on or about December 17, 2025, subject to the satisfaction of all necessary customary closing conditions, including approval from TSXV and the board of directors of the Company.
About Firstpayment
Firstpayment is a Canadian-based fintech company that provides payment processing solutions including cryptocurrencies. Its technology is backed by a portfolio of ten (10) patents, seven (7) USPTOs, one (1) USPTO pending, and two (2) Canadian patents, in the payments space, including innovations in mobile and cryptocurrency payments. The company's proprietary platform, "YUZU", also known as Yuzupay, enables seamless cryptocurrency payments between merchants and customers.
About Datametrex
Datametrex is an innovative leader in Technology Solutions, Artificial Intelligence, and Healthcare. The Company specializes in delivering tools and solutions that enhance operational efficiencies and business outcomes. With a commitment to innovation, Datametrex is dedicated to supporting enterprises by setting a new standard for business protocols through cutting-edge technology.
For more on Datametrex, please visit our Company website (www.datametrex.com).
For Additional Information
Paul Haber, C.P.A., C.A., C.Dir
CEO & Chairman
info@datametrex.com
(416) 318-6501
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release is not an offer to sell or the solicitation of an offer to buy the securities in the United States or in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from U.S. registration requirements and applicable U.S. state securities laws.
Forward-Looking Statements
This news release contains "forward-looking statements," which involve risks, uncertainties, and factors that could cause actual results to differ materially from those anticipated. These statements are not historical facts and are generally identified by words such as "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," and similar expressions. Such statements include expectations related to healthcare business and other Company plans.
While Datametrex believes the forward-looking information is reasonable as of the date of this release, these statements involve assumptions, risks, and uncertainties that could cause actual outcomes to differ. Key factors include general economic conditions, legislative and regulatory developments, access to capital, industry competition, and the Company's ability to execute its strategies. The Company does not undertake to update these statements, except as required by law. Readers are advised not to place undue reliance on forward-looking information.
Factors that could cause actual results to differ materially are detailed under "Risk Factors" in Datametrex's management's discussion and analysis and available on the Company's profile at www.sedarplus.ca.
This release does not constitute an offer to sell or a solicitation to buy, nor shall it constitute an offer, solicitation, or sale in any jurisdiction where such would be unlawful prior to registration or qualification under applicable securities laws. We seek Safe Harbor.
###
SOURCE: DataMetrex AI Ltd.
View the original press release on ACCESS Newswire