Ynvisible Intera Stock Price, News & Analysis

Ynvisible Interactive has successfully completed its non-brokered private placement, raising $500,000 through the issuance of 5,000,000 common shares at $0.10 per share. The proceeds will be used for working capital and general corporate purposes. The shares are subject to a statutory hold period until March 5, 2025. The Company's CEO and a director participated in the placement, purchasing 450,000 shares, constituting a related party transaction under MI 61-101. The Company utilized exemptions from formal valuation and minority shareholder approval requirements as the transaction value was below 25% of market capitalization.

Ynvisible Interactive (YNVYF) announces its expansion into South America through a partnership with a global medical device manufacturer. The collaboration focuses on developing custom e-paper displays for wireless battery chargers used in implantable devices, such as neurostimulators. The customer has placed an initial order for testing and validation, with potential annual demand reaching thousands of units. The displays will indicate 'ON' states and visual warnings, enhancing functionality and patient safety in medical applications. This marks Ynvisible's first customer engagement in South America, demonstrating the global potential of their ultra-low power, thin, and flexible display technology in healthcare.

Ynvisible Interactive has delivered over 10,000 customized e-paper displays to a leading diagnostics company for integration into novel at-home medical diagnostic tests currently under FDA review. The displays, developed to meet strict medical industry requirements, are expected to help increase the customer's market share due to their cost-effectiveness and energy efficiency. The global at-home diagnostic testing market, valued at USD 12.73 billion in 2023, is projected to reach USD 22.1 billion by 2030, growing at a CAGR of 8.2%. The FDA's 510(k) review process typically takes around 90 days to complete.

Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) has issued a CEO letter to shareholders outlining the company's strategic approach to investor relations. Key points include:

1. Transition from R&D-focused to product-driven organization
2. Full commercialization of products
3. Plans for an investor relations and marketing program
4. Upcoming initiatives: roadshows, investor conferences, and webinars
5. Goal to expand reach, improve liquidity, and raise market visibility
6. Aim to grow market presence and valuation with a view to upgrading listing

The CEO acknowledges that the current valuation may not reflect Ynvisible's full potential and assures shareholders of active steps to address this issue.

Ynvisible Interactive Inc. (TSXV: YNV) has signed a non-exclusive distribution agreement with Crystal Display Systems (CDS) to expand its distribution network in Europe and North America. This partnership aims to strengthen Ynvisible's sales and marketing capabilities, making its thin, low-power, cost-effective e-paper display products more accessible to a wider customer base.

CDS, a leading technology provider in the UK, European, and North American markets, will promote, design, and distribute Ynvisible's innovative display products. This collaboration aligns with CDS's commitment to cutting-edge solutions and Ynvisible's vision of shaping the future of digital communication with eco-friendly, cost-effective e-paper displays.

The agreement with CDS marks Ynvisible's second strategic distribution partnership in North America, complementing its existing partnership with Display Logic USA. This expansion enhances Ynvisible's presence in key industries such as retail, medical and pharma, supply chain and logistics, and industrial sectors.

Ynvisible Interactive Inc. (YNVYF) has announced a strategic collaboration with a global leader in hygiene solutions to integrate e-paper displays into hand sanitizer dispensers. Key highlights include:

1. Prototype Success: Ynvisible delivered approved prototypes and received an order for 500+ units for testing.
2. Mass Deployment: Up to 50,000 hand sanitizers will be equipped with Ynvisible's displays.
3. Enhanced Value: The e-paper displays offer real-time feedback on battery life and device readiness.
4. Market Potential: The technology has applications across various industries requiring visual indicators.

CEO Ramin Heydarpour emphasized the practical impact of their printed e-paper displays. The collaboration may expand to other high-volume product lines. Ynvisible also announced an advertising contract with TAStocks.com and an upcoming investor webinar on September 18, 2024.

Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (OTCQB: YNVYF) has appointed Kamran Kian as a new independent member of its Board of Directors, effective September 4, 2024. Mr. Kian, a former senior executive at Avery Dennison, brings over 38 years of experience in operations, engineering, and general management. He previously managed a $7 billion global operation and oversaw corporate engineering supporting innovation in RFID technology.

Ynvisible's CEO, Ramin Heydarpour, expressed enthusiasm about Mr. Kian's appointment, highlighting his expertise in global manufacturing and operations. The company has granted Mr. Kian 250,000 stock options at an exercise price of $0.09, vesting over 12 months. Additionally, Ynvisible announced an upcoming investor webinar on September 18, 2024, to provide updates on product development, customer acquisition, and market strategy.

Ynvisible Interactive (TSXV: YNV) (OTCQB: YNVYF) has announced the resignation of Benjamin Leboe from its Board of Directors, effective August 13, 2024. Mr. Leboe, who had been a board member since 2018, stepped down due to health reasons. The company expressed gratitude for Mr. Leboe's years of service, highlighting his valuable contributions in financial and capital markets expertise. CEO Ramin Heydarpour personally acknowledged the impact of Leboe's departure, praising his ethical stance and trusted role on the board. Ynvisible's management team and Board of Directors extended their appreciation for Leboe's exceptional service and leadership during his tenure.

Ynvisible Interactive Inc. (YNVYF) has successfully delivered a prototype of a high-temperature resistant display for a leading medical This innovative countdown timer is designed for product status indication in medical equipment, capable of withstanding rigorous sterilization and cleaning processes in hospital environments.

The customized display serves as a permanent status indicator and safety feature, signaling when equipment has completed its last valid use. It addresses challenges faced by traditional solutions, particularly in terms of humidity and temperature resistance. Ynvisible's solution is more cost-effective and space-efficient compared to mechanical indicators.

This breakthrough demonstrates Ynvisible's adaptability and commitment to providing cutting-edge solutions for healthcare settings. The development process involved creating a new glass-based display, departing from traditional flexible printed e-paper displays. Due to confidentiality agreements, specific details about the customer and product design remain undisclosed.