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UNIVERSAL PROPTECH INC - $UPIPF STOCK NEWS

Welcome to our dedicated page for UNIVERSAL PROPTECH news (Ticker: $UPIPF), a resource for investors and traders seeking the latest updates and insights on UNIVERSAL PROPTECH stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect UNIVERSAL PROPTECH's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of UNIVERSAL PROPTECH's position in the market.

Rhea-AI Summary
Universal PropTech Inc. (UPI) plans to acquire Xemoto Media Ltd. to expand its influencer marketing capabilities. Xemoto's technology helps businesses in complex and regulated industries connect with customers. Xemoto achieved revenue of $306k in its first fiscal year, with a 41x increase in Q1 FY24 revenue. Subscription sales have been increasing, reaching $135k in August 2023. UPI will advance $250,000 to Xemoto as part of the acquisition. Upon completion of the transaction, the Resulting Issuer will have approximately $3 million in cash available.
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Universal PropTech Inc. announces the appointment of Brian Illion to the board of directors and Amy Stephenson as Chief Financial Officer. Mr. Illion is a civil litigation and employment law lawyer with experience in managing commercial agreements. Ms. Stephenson has over 20 years' experience in capital markets and managing public companies. She has served as CFO for various cannabis companies.
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Universal PropTech Inc. (TSXV: UPI) announced the resignation of Chris Hazelton, President and CEO, and the appointment of Jeffrey Berman as the new President and CEO. Hazelton led the company for nine years and Berman is expected to bring renewed thinking and opportunities. Berman is a trial lawyer with experience in litigating cases in Ontario and has a background in commerce, finance, and marketing.
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UNIVERSAL PROPTECH INC

OTC:UPIPF

UPIPF Rankings

UPIPF Stock Data

1.27M
49.13M
0.59%
General Warehousing and Storage
Transportation and Warehousing
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United States of America
Toronto