Welcome to our dedicated page for Wishpond Technol news (Ticker: WPNDF), a resource for investors and traders seeking the latest updates and insights on Wishpond Technol stock.
Wishpond Technologies Ltd. (OTCQX: WPNDF, TSXV: WISH) is a Vancouver-based provider of AI-enabled marketing and sales solutions, and its news flow reflects this focus on artificial intelligence, SaaS metrics, and product development. Company updates frequently highlight the performance of its SalesCloser AI platform, a conversational AI-based virtual sales agent that conducts personalized sales calls and demos in multiple languages with minimal human intervention.
Investors following WPNDF news can expect regular coverage of quarterly and annual financial results, including revenue trends, gross margin performance, and Adjusted EBITDA. Management often links these results to a strategic transition away from lower-margin legacy email delivery customers toward higher-value, AI-enabled products such as SalesCloser AI, as well as to cost optimization initiatives and a leaner operating model.
Wishpond’s press releases also focus on AI innovation and intellectual property. The company has announced multiple non-provisional utility patent applications related to its virtual AI agents, including technologies for enhanced state management, human takeover, self-testing, conversational workflow building, voicemail and IVR detection, and AI-driven appointment scheduling. These updates provide insight into how Wishpond is building a patent portfolio around conversational AI and sales automation.
Another recurring theme in WPNDF news is strategic initiatives and partnerships. The company has disclosed a proposed spin-out of its SalesCloser business through a reverse takeover transaction with G2M Cap Corp., potential divestiture of certain Viral Loops assets, and collaboration agreements that extend the reach of its AI-powered platforms. Liquidity and credit facility developments, including forbearance arrangements and shareholder loans, are also discussed in its releases, offering context on financial flexibility and risk factors.
By monitoring this news page, readers can track Wishpond’s financial performance, AI product milestones, patent filings, strategic transactions, and management’s commentary on its transition toward an AI-focused marketing and sales platform.
G2M Cap Corp (OTCQX: WPNDF) announced an upsized concurrent non-brokered private placement to support its qualifying transaction acquiring SalesCloser from Wishpond.
The special shareholder meeting is set for March 20, 2026 at 9:30 a.m. PST. The Concurrent Financing was increased from $4,000,000 to up to $5,000,000 with an option to further upsize to $5,500,000. Subscription Receipts priced at $0.75 convert to units with warrants exercisable at $1.25 for 24 months; acceleration triggers at $1.80 VWAP for ten consecutive trading days.
Wishpond (OTCQX: WPNDF) entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets for $2.3 million, with $2.1 million payable at closing and $200,000 payable one year after closing.
The company intends to use net proceeds primarily to reduce indebtedness under its senior credit facility, expecting to lower its outstanding line of credit by approximately $1.4 million and to support ongoing working capital needs. Closing is subject to lender consent, Emerge financing, third-party approvals and, if applicable, TSX Venture Exchange approval.
Wishpond (OTCQX: WPNDF) reported Q3 2025 results showing a return to positive Adjusted EBITDA of $49,012 and a 71% gross margin, the highest since Q3 2020. Revenue for the quarter was $3,375,653 (Q3-2024: $5,055,738), reflecting a strategic shift toward AI-enabled products and away from legacy low-margin customers.
Material actions include multiple AI patent filings (seven total by Sep 4, 2025), renewal of a revolving facility (max $5.0M) with revised covenant terms, a proposed SalesCloser spin-off via an LOI announced Nov 4, 2025, a lender forbearance extension intent to Dec 2026, and a $200,000 shareholder loan on Nov 25, 2025.
G2M Cap Corp (OTCQX: WPNDF) entered a non-binding LOI dated Nov 4, 2025 to acquire SalesCloser via a reverse takeover, creating a public company expected to be renamed SalesCloser Technologies Inc. The Transaction targets a closing on or about Jan 30, 2026, is subject to TSXV approval, definitive agreements and completion of bridge and concurrent financings.
Key metrics: SalesCloser reports ~$1.7M ARR (run-rate), >5x ARR growth, and ~85% gross margins. Wishpond would hold ~68% of the Resulting Issuer via 22,750,000 vend-in shares at a deemed $0.75/share (~$17M aggregate). Planned financings: up to $1.5M bridge and up to $4.0M concurrent.
Wishpond Technologies (OTCQX: WPNDF) has filed three new patent applications to enhance its AI-enabled sales automation capabilities, bringing its total patent portfolio to seven applications. The new filings focus on: conversational AI workflow building for simplified agent creation, adaptive voicemail/IVR detection for improved call efficiency, and real-time appointment scheduling for streamlined booking processes.
These technologies are being integrated into Wishpond's SalesCloser AI platform, with some features already implemented. The innovations aim to make AI sales agents more natural, efficient, and reliable while removing technical barriers for non-technical users. The expanded patent portfolio supports Wishpond's strategic vision of developing autonomous AI sales agents capable of delivering consistent, human-like interactions.
Wishpond Technologies (OTCQX: WPNDF) reported Q2-2025 financial results, highlighting its strategic transformation into an AI-driven company. Revenue declined to $3.71M (vs $5.83M in Q2-2024) amid the company's transition from digital marketing solutions to an AI-enabled platform. The company's flagship product, SalesCloser AI, showed remarkable growth, reaching $1.55M in Annual Recurring Revenue across 225 customers, representing a five-fold increase since December 2024.
The company reported negative Adjusted EBITDA of $228,116 for Q2-2025, compared to positive $541,610 in Q2-2024. Gross margin remained stable at 68%. Notably, Wishpond renewed its credit facility with National Bank of Canada but faces covenant compliance issues, requiring implementation of a liquidity plan through October 2025.
Wishpond Technologies (OTCQX: WPNDF) has filed its fourth patent application for innovative Self-Testing technology designed to enhance its AI-driven marketing solutions. The technology enables virtual AI agents to undergo comprehensive pre-engagement simulations before interacting with real users.
The Self-Testing feature, which is already implemented in Wishpond's SalesCloser AI platform, utilizes a 'Fake User' system powered by large language models to simulate authentic user interactions. This advancement is part of Wishpond's strategic patent portfolio, which includes technologies for natural voice synthesis, conversation management, and seamless AI-to-human transitions.
Wishpond Technologies (WPNDF) announced that its SalesCloser AI platform has reached a significant milestone of $1 million in Annual Recurring Revenue (ARR). The AI-enabled sales automation solution has rapidly become the company's fastest-growing product, with most growth occurring in 2025. The platform currently serves over 150 customers and has deployed more than 2,600 AI-powered agents.
The company is also beta-testing new AI agents, including Customer Support AI Agent and Call Receptionist AI Agent. SalesCloser AI is part of Wishpond's comprehensive AI-powered marketing solutions portfolio, which includes AI Website Builder, AI Email Automation, and AI Ad Management. The platform uses generative AI to conduct personalized sales calls and product demos, helping businesses increase conversions and reduce customer acquisition costs.
Wishpond Technologies (TSXV: WISH, OTCQX: WPNDF) has scheduled the release of its First Quarter 2025 Financial Results before market open on Thursday, May 22nd, 2025. The company will host a conference call to discuss the results on the same day at 10:00 am PT (1:00 pm ET).
The conference call will be led by Chairman and CEO Ali Tajskandar and CFO Adrian Lim. Participants are advised to connect 5 minutes before the call to allow time for any necessary software downloads.