Oculus Stock Price, News & Analysis

Oculus Inc. (OTCQB: OVTZ) is described in its public disclosures as a cloud-native, development-stage technology company in the data compliance and digital privacy space. The company focuses on solutions for business customers that need to address regulatory requirements around data protection and privacy. Its activities are aligned with the software publishers industry in the broader information sector.

Business focus and solutions

According to the company’s own descriptions in its news releases, Oculus Inc. concentrates on data compliance and digital privacy solutions for business customers worldwide. The company highlights that it is expanding its ComplyTrust product suite, which is aimed at organizations that must comply with data privacy and data protection regulations.

The ComplyTrust suite, as described by Oculus, includes the ComplyScan cloud data protection and compliance tool and the Forget-Me-Yes B2B data privacy Software-as-a-Service (SaaS) platform. These offerings are presented as tools that optimize compliance with regulatory frameworks such as CCPA, GDPR, LGPD and other data privacy legislation for Salesforce organizations worldwide. The company states that these tools are intended to provide businesses with secure data privacy tools enabling sustained and continuous global regulatory compliance of data subject rights.

In addition to the ComplyTrust suite, Oculus references a legacy Cloud-DPS digital content protection solution. This solution is described as implementing invisible forensic watermarking technology that embeds imperceptible tracking components into documents and video-frame content. The company indicates that this is designed to enable tamper-proof legal auditability for intellectual property protection.

Subsidiary and organizational structure

Oculus reports that ComplyTrust Inc. is a 100% wholly owned subsidiary. ComplyTrust Inc. is described as being specifically focused on providing enterprise organizations and individuals with secure data privacy tools that support sustained and continuous global regulatory compliance of data subject rights. The company states that ComplyTrust is headquartered in San Diego, California.

Geographic footprint and listings

In its news releases, Oculus notes that it has offices in San Diego, California and Vancouver, British Columbia. The company’s securities are referenced as trading on multiple markets: the TSX Venture Exchange under the symbol OVT, the OTCQB market in the United States under the symbol OVTZ, and the Frankfurt Stock Exchange under the symbol USF1. The company also appears on other European markets as indicated in its public communications.

Corporate governance and shareholder matters

Oculus Inc. regularly reports the results of its Annual Meeting of Stockholders through press releases and Form 8-K filings. These disclosures detail the election of directors, the ratification of the company’s independent public accounting firm, the continuation of its Omnibus Equity Incentive Compensation Plan, and other shareholder proposals.

For example, the company has reported that shareholders voted on the election of six directors, the appointment of Davidson & Company LLP as independent registered public accounting firm, and the continuation of the Omnibus Equity Incentive Compensation Plan. In addition, shareholders approved an amendment to the company’s Articles of Incorporation to allow a reverse stock split of the company’s outstanding common shares at a ratio between 1-for-2 and 1-for-10, with the specific ratio, implementation and timing to be determined at the discretion of the board of directors.

Name change and corporate identity

In a dedicated news release, the company announced that the TSX Venture Exchange approved a name change from "Oculus VisionTech Inc." to "Oculus Inc." The company stated that this name change became effective on January 16, 2025, and that the trading symbols on the TSX Venture Exchange, OTCQB and Frankfurt Stock Exchange remained unchanged. The name change was approved by shareholders at an annual meeting and followed the completion of required filings with the Wyoming Secretary of State.

In its "About" sections, the company continues to describe itself, under both the Oculus VisionTech and Oculus Inc. names, as a cloud-native development-stage technology company focused on data compliance and digital privacy solutions for business customers worldwide, with a particular emphasis on the ComplyTrust product suite and its legacy Cloud-DPS content protection solution.

Regulatory and reporting framework

Oculus Inc. files reports with both United States and Canadian securities regulators. The company refers investors to its periodic reports filed with the United States Securities and Exchange Commission (SEC) and Canadian securities regulators, including documents available on EDGAR and SEDAR+ (or SEDAR). These filings include current reports on Form 8-K, which, among other things, report the results of shareholder meetings and related governance matters.

The company’s communications also note that detailed "Report of Voting Results" documents for its annual meetings are available under its profile on SEDAR+ or SEDAR, on its website, and in its Form 8-K filings. This indicates an ongoing practice of providing formal, regulator-filed documentation of shareholder voting outcomes and governance decisions.

Stock and capital structure actions

Through its shareholder communications and Form 8-K filings, Oculus has disclosed shareholder approval for a reverse stock split authorization. The approved amendment to the Articles of Incorporation permits a reverse split of the company’s outstanding common shares within a specified ratio range, with the board of directors retaining discretion over the exact ratio and timing. This type of authorization is a structural corporate action that can affect the number of shares outstanding and the per-share price, and it is documented in the company’s official filings.

Summary

In summary, Oculus Inc. describes itself as a cloud-native, development-stage technology company in the data compliance and digital privacy segment, serving business customers that need to address global data protection regulations. Its publicly described offerings include the ComplyTrust product suite (ComplyScan and Forget-Me-Yes) and a legacy Cloud-DPS content protection solution based on invisible forensic watermarking. The company operates through its parent entity and its wholly owned subsidiary ComplyTrust Inc., maintains offices in San Diego, California and Vancouver, British Columbia, and is listed on multiple trading venues, including the TSX Venture Exchange, OTCQB, and Frankfurt Stock Exchange. Corporate governance decisions, including director elections, auditor appointments, equity incentive plan approvals, and reverse split authorizations, are documented in its annual meeting results and SEC filings.