Company Description
WPF Holdings, Inc. (OTC: WPFH) is a diversified holding company that focuses on developing and supporting technology-driven businesses. According to company disclosures and press releases, WPF Holdings positions itself as a parent organization that acquires, builds, and restructures subsidiaries in sectors such as artificial intelligence for grocery retail, super app technology, and telemedicine.
WPF Holdings is described as a diversified holding company dedicated to growth and innovation across its portfolio. Its strategy, as reflected in multiple announcements, centers on identifying high-potential technology platforms, integrating them under its corporate umbrella, and pursuing transactions such as acquisitions, spin-offs, and mergers to refine its focus and create distinct operating entities.
GrocerIQ and AI-Driven Grocery Technology
A major strategic shift for WPF Holdings involves GrocerIQ, Inc., an AI technology company specializing in grocery solutions. WPF Holdings has acquired GrocerIQ as a wholly owned subsidiary and has stated its intention to change its corporate name to GrocerIQ Holdings, Inc. and apply to change its ticker symbol to reflect this new identity. GrocerIQ focuses on transforming the grocery retail landscape through advanced artificial intelligence, with an emphasis on grocery redemption systems, food accessibility, and automation for micro-grocery and small-format retail environments.
GrocerIQ’s activities include developing technology platforms for grocery voucher redemption at grocery chains and farmers markets, as well as licensing these technologies to additional operators. The company’s business model, as described in press releases, centers on scalable AI-driven solutions that simplify the shopping experience, enhance operational efficiency for retailers, and promote sustainable, more equitable access to food.
Physical AI and Automated Micro-Grocery Retail
Following the acquisition and planned rebranding, GrocerIQ has announced a patent application with the United States Patent and Trademark Office for a Physical AI platform designed for automated micro-grocery environments and sensor-based retail automation. The patent-pending system is described as a unified automation architecture that integrates:
- Sensor-based monitoring for continuous shelf, product, and environmental data
- Vision AI modules to identify restock needs, movement patterns, and anomalies
- Edge computing for in-store automation and rapid decision-making
- Dynamic inventory forecasting and replenishment algorithms
- An operations command dashboard for unified visibility and interventions
- Workflow and user interface integration that connects insights to staff actions
This architecture is intended to support micro-grocery and small-format retail environments by improving accuracy, reducing staffing needs, and supporting more consistent customer experiences. WPF Holdings, through GrocerIQ, highlights this Physical AI platform as a foundational layer for its automation offerings and as a meaningful expansion of its intellectual property portfolio in real-world retail automation.
Vezbi Super App and Digital Services
Before its strategic pivot toward GrocerIQ, WPF Holdings devoted significant resources to its wholly owned subsidiary Vezbi, Inc., the developer of the Vezbi Super App. Vezbi is described as a community-driven super app designed to organize and consolidate many aspects of a user’s life into a single application. The app emphasizes accountability, stating that it avoids anonymity, does not sell user data, and does not rely on algorithms that dictate content visibility.
WPF Holdings has used Vezbi as a platform to explore multiple verticals, including payments and healthcare. For example, Vezbi has developed Vezbi Pay, a payment ecosystem built around a digital wallet acquired from Ingenia AI and open banking technology. Through a joint venture, Vezbi and Vezbi Pay are launching Andale Pay, an international remittance service enabling payments from the United States to locations across Latin America, starting with thousands of locations in Mexico and expanding to hundreds of thousands of pickup points throughout the region.
WPF Holdings has also acquired operating businesses such as the “KPOP 1004” retail chain and the “Distrito Catorce” restaurant and bar. These businesses serve as a “Tech Lab” for Vezbi, providing live environments to develop, test, and refine features like sales and ordering kiosks, integrated rewards and coupons, Vezbi Pay point-of-sale cash loading, international remittance services, reservations, table management, and other integrations.
Telemedicine and Healthcare Initiatives
Another important component of WPF Holdings’ portfolio is Virtual Health Holdings, Inc. (VHHI), a telemedicine holding company acquired by WPF Holdings. VHHI is the parent of the CareClix group of telemedicine companies, including entities such as CareClix, Inc., CareClix Services, Inc., CareClix RPM, Inc., and MyCareClix, Inc., doing business as MyGuardianDoc. These companies operate in telehealth medicine markets and provide virtual healthcare services.
WPF Holdings has described plans to integrate telemedicine services into the Vezbi Super App, enabling users to schedule, pay, and communicate with doctors through a subscription model. Company communications also reference market projections for subscription-based telemedicine offerings under the MyGuardianDoc brand. VHHI is expected to remain a holding company within WPF Holdings, managing telehealth operations and potential future healthcare-related acquisitions.
In addition, WPF Holdings has discussed letters of intent and plans to acquire companies in healthcare-related areas such as telemedicine services, cloud medical record storage, AI recording and transcription, AI-assisted medical networking, and medical testing laboratories, with the goal of making healthcare one of the first major sectors developed under the Vezbi Super App.
Corporate Transactions, Spin-Offs, and Restructuring
WPF Holdings has undertaken several notable corporate transactions and proposed restructurings. The company has announced a definitive merger agreement with GrocerIQ, Inc., under which WPF Holdings will merge with GrocerIQ, restructure its share framework, adopt the GrocerIQ name, and apply for a new ticker symbol. This reflects a shift in strategic focus toward AI-driven grocery innovation and Physical AI technologies.
Separately, WPF Holdings has announced plans to spin off its Super App and Telemedicine subsidiaries into a NASDAQ-listed company. Under the proposed structure, ownership of Vezbi, Inc. and Virtual Health Holdings, Inc. will be transferred to a shareholder trust, which will then exchange these assets with a NASDAQ-listed company in return for shares in that entity. Those shares are intended to be distributed to WPF Holdings shareholders, while shareholders retain their existing equity in WPF Holdings. The company describes this as a tax-free corporate reorganization and a step toward allowing investors to participate directly in the growth of the Super App and Telemedicine platforms.
These transactions, along with earlier acquisitions in retail, restaurant, and telemedicine, illustrate WPF Holdings’ use of mergers, acquisitions, and spin-offs as tools to refine its portfolio and align its corporate identity with its most prominent technology platforms.
Legal and Governance Support
To support its corporate growth and securities compliance, WPF Holdings has engaged Greenspoon Marder LLP as outside corporate counsel. Greenspoon Marder is described in company communications as a multi-practice national law firm with experience in corporate compliance and complex legal matters for a range of public and private companies. WPF Holdings highlights this relationship as part of its focus on corporate governance, licensing practices, and regulatory obligations as it advances its portfolio companies.
Business Focus and Sector Classification
Although WPF Holdings is classified under motion picture and video production and the information sector in some datasets, its own public statements emphasize technology-driven businesses in grocery automation, digital services, and healthcare. The company’s portfolio includes:
- AI-driven grocery technology and Physical AI platforms through GrocerIQ
- A super app platform and payment ecosystem through Vezbi and Vezbi Pay
- Telemedicine and virtual healthcare services through Virtual Health Holdings and the CareClix group
- Retail and restaurant operations used as live environments for technology testing and deployment
According to its own descriptions, WPF Holdings’ role is to identify, acquire, and support these ventures, using corporate transactions and technology integration to pursue growth and to reshape its identity around its most active platforms, particularly GrocerIQ.
FAQs about WPF Holdings, Inc. (WPFH)
Stock Performance
Latest News
SEC Filings
No SEC filings available for World Poker Fund Holdings.