Ineo Tech Stock Price, News & Analysis

INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has announced a special shareholders meeting scheduled for August 8, 2025, following a requisition from COENDA Investments Holding Corp, which owns 49% of INEO shares. The requisition, delivered on April 8, 2025, comes after COENDA completed its investment on January 25, 2025.

The meeting will address several matters, including: the approval process of Q2 interim financial reports, the handling of director Eugene Syho's resignation, a proposal to remove current directors and officers (except Kerem Akbas), election of new directors, and appointment of an inspector to investigate company management.

INEO's special committee, formed to address these matters, notes that the interim financial reports were approved by board majority, and Syho's resignation was not considered material. The company's Chair, Greg Watkin, expressed disappointment with COENDA's change in position shortly after acquiring control.

INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has received a notice of requisition for a general meeting of shareholders on April 8, 2025. The requisition was submitted by COENDA Investments Holding Corp and aims to implement changes to the Board of Directors.

The company is currently evaluating the requisition's compliance with the Business Corporations Act (British Columbia) requirements under section 167. INEO will provide a response within the statutory timeframe specified by the Act.

INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has announced the appointment of Cameron Lawrence, CPA and MPAcc, to its Board of Directors and as Chair of the Company's Audit Committee. Lawrence brings significant experience in corporate strategy, finance, accounting, risk management and corporate governance from his previous roles as CEO of Newlab and CFO of GNC Holdings

The appointment comes as Dave Jaworski steps down from the Board of Directors for professional reasons. Greg Watkin, Chairman, President and Founder of INEO, expressed confidence that Lawrence's strong leadership and financial governance expertise will benefit both the company and its shareholders.

INEO Tech Corp (OTCQB: INEOF) provided a corporate update highlighting its recent expansion and strategic initiatives. The company announced a technology agreement with Sensormatic Solutions on January 13, 2025, licensing INEO's patents and manufacturing expertise for integrating Welcoming System technology with Sensormatic's loss prevention tools.

Key developments include signing a reseller agreement with Bon Intelligence Inc. in Turkey on January 31, 2025, resulting in installations at Bambi shoe retailer and a beauty supply retailer. The company also secured a UK retail presence with one complete Welcoming System installation and a commitment for 24 additional systems within 12 weeks.

In the US, INEO's Retail Media network has expanded to 171 Welcoming systems across 30 states, with 205 total advertising screens installed. The company restructured its Retail Media division management, now led by Amit Pannu, VP of Sales, replacing former lead Salim Tharani.

INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has announced the conversion of convertible debentures into common shares. Six parties, including one insider and five arm's length parties, have acquired a total of 6,201,975 shares through this conversion.

The conversion includes $462,000 of principal converted into 5,435,295 shares and $54,047 of accrued interest converted into 766,680 shares. The debentures, issued in January and February 2024, feature a conversion price of $0.085 per share for the first year and $0.10 thereafter until maturity. They carry a 12.0% annual interest rate with a three-year maturity period.

INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has announced that its Turkish reseller partner, Bon Intelligence, has secured an agreement with Bambi, a high fashion shoe retailer with 61 stores in Turkey, to implement INEO's in-store retail media technology across their locations.

Following a successful pilot installation in late 2024, the nationwide rollout began on February 10, 2025. The deployment includes strategically placed digital screens powered by INEO's AI-driven content management and programmatic ad engine, aimed at enhancing customer engagement and creating new revenue opportunities through digital marketing.

Additionally, INEO announced the resignation of Eugene Syho from its Board of Directors and granted 7,700,000 incentive stock options to employees, management, and Board members under the company's 10% rolling stock option plan approved in October 2024.

INEO Tech Corp (TSXV: INEO) (OTCQB: INEOF) has signed a reseller agreement with Bon Intelligence Inc. to expand its presence in Turkey's retail market. The partnership allows Bon to market, sell and distribute INEO's loss prevention and retail media solutions throughout Turkey.

Under the agreement, Bon will introduce INEO's Welcoming System products, including the new INEO AI Secure technology, leveraging its established network of retailers, system integrators, and industry partners. The partnership aims to help Turkish retailers enhance security, reduce shrink, and generate new revenue through in-store digital advertising.

This strategic partnership marks a significant milestone in INEO's international expansion strategy, strengthening its footprint in the EMEA region and providing a foundation for future growth in additional international markets.