Welcome to our dedicated page for Predictiv Ai news (Ticker: INOTF), a resource for investors and traders seeking the latest updates and insights on Predictiv Ai stock.
Predictiv AI Inc. (OTC PINK: INOTF) appears in news coverage primarily through its corporate updates, financing announcements and proposed transactions. Company news releases describe Predictiv AI as a technology company that uses artificial intelligence, deep machine learning and data science techniques to help businesses and organizations make smarter decisions. They also note that operations have been put on hold due to financial constraints, which makes capital markets and strategic updates particularly relevant to followers of the stock.
A key theme in recent news has been Predictiv AI’s proposed business combinations with Shift Technologies Canada Inc. and HouseStack Holdings Inc. The company has announced letters of intent and amended letters of intent outlining a reverse takeover structure in which Shift and HouseStack would become wholly owned subsidiaries or combine with a subsidiary of Predictiv AI. These stories often detail expected share exchanges, proposed consolidations, and conditions such as regulatory approvals and concurrent financings.
Other recurring news topics include non-brokered private placement financings, shares-for-debt transactions and changes in trading status on the TSX Venture Exchange NEX board. Releases have discussed unit offerings with attached warrants, conversion of payables into equity and the lifting of trading halts following regulatory actions. Because the company explicitly cautions that proposed transactions and financings may not be completed as described, these updates provide context on both opportunities and risks.
Investors and observers who follow INOTF news can use this page to review historical announcements about reverse takeover proposals, capital raises, trading reinstatements and the company’s descriptions of related AI platforms such as Shift, HouseStack and CloudRep. Regularly reviewing these items can help users understand how corporate plans and financing activities evolve over time.
Predictiv AI (OTC:INOTF) has entered into an amended letter of intent to acquire Shift Technologies Canada and HouseStack Holdings through a reverse-takeover transaction. The deal structure includes a 1:9 share consolidation and issuance of approximately 62.7 million post-consolidation shares to Shift and HouseStack shareholders, representing 78.4% ownership.
The transaction includes a $1.5 million private placement at $0.10 per subscription receipt, with each receipt converting into one share and one warrant exercisable at $0.15. Additional terms include a $500,000 payment to Suman Pushparajah, split between cash and a convertible note. The company will delist from TSX Venture's NEX board and seek listing on the CSE.
Predictiv AI (INOTF) has amended its letter of intent to acquire Shift Technologies Canada and HouseStack Holdings through a reverse-takeover transaction. The deal structure has been revised to offer 82.5% (up from 70%) of PAI shares to target companies' shareholders.
The transaction includes a 12.5:1 share consolidation, resulting in approximately 63 million post-consolidation shares being issued to Shift and HouseStack shareholders. Additionally, Suman Pushparajah will receive a $250,000 cash payment and a $250,000 promissory note with 12% annual interest.
The company plans a private placement financing of up to $1.75 million through subscription receipts at $0.10 each, including warrants exercisable at $0.15. The transaction is expected to close around April 30, 2025, subject to regulatory approvals and due diligence.
Predictiv AI (TSXVNEX:PAI.H, OTC:INOTF, FSE:71TA) has announced the termination of its previously announced letter of intent (LOI) dated August 2, 2024, with Shift Technologies Canada and HouseStack Holdings. The proposed reverse takeover transaction (RTO) will not proceed as planned.
Trading of the company's common shares has been halted since the initial RTO announcement in August 2024. Predictiv AI will now apply to the NEX board of the TSXV to resume trading of its common shares.
Predictiv AI (TSXVNEX:PAI.H, OTC:INOTF) announced the termination of its Letter of Intent (LOI) dated August 2, 2024, with Shift Technologies Canada and HouseStack Holdings. As a result, the previously proposed reverse takeover transaction (RTO) will not proceed.
Trading of the company's common shares has been halted since the initial RTO announcement in August 2024. The company will now apply to the NEX board of the TSXV to resume trading of its common shares.
Predictiv AI Inc. (TSXV:PAI.H)(OTC:INOTF) has announced details of its proposed financing of up to $1,500,000 for the reverse takeover transaction (RTO) with Shift Technologies Canada Inc. and HouseStack Holdings Inc. The company plans a share consolidation of 1 post-consolidation share for 5.5 pre-consolidation shares. The RTO Financing will be through a non-brokered private placement of subscription receipts at $0.10 per receipt. Each receipt will convert into one post-consolidated common share and half a warrant. Warrants are exercisable at $0.15 per share for 12 months. The financing will fund the $250,000 cash component for the acquisition, development of HouseStack and CloudREP platforms, and commercial launch of Shift Technologies' fleet management platform. Closing is expected around November 29, 2024, subject to TSXV approval.
Predictiv AI Inc. (TSXV:PAI.H)(OTC PINK:INOTF)(FSE:71TA) has announced a letter of intent to acquire Shift Technologies Canada Inc. and HouseStack Holdings Inc. The proposed transaction, structured as a reverse takeover, will result in Predictiv AI issuing approximately 300,000,000 shares (pre-consolidation) to acquire 100% of both companies. As part of the deal, majority owner Suman Pushparajah will receive a $250,000 cash payment and a $250,000 promissory note. The transaction is subject to regulatory approvals, due diligence, and a financing round to meet TSXV listing requirements. Predictiv AI also plans a share consolidation of up to 6:1 prior to closing. Trading of Predictiv AI shares will remain halted until the transaction is completed.
Predictiv AI has finalized a private placement of 10 million units at $0.02 per unit, generating $200,000. Each unit includes a common share and a warrant for another share at $0.05, valid for 24 months. Additionally, the company settled $500,000 in debt by issuing 25 million common shares at $0.02 each. Shares and securities are subject to a four-month hold. This debt settlement involved issuing over 10 million shares to company officers, which qualifies as a related party transaction. The company did not file a material change report 21 days before the settlement due to a need for expedited closure.
Predictiv AI Inc. announces a 30-day extension to complete a non-brokered private placement of up to 12,500,000 units at $0.02 per unit for gross proceeds of up to $250,000. The Offering is subject to TSXV regulatory approval.
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