Universal PropTech Inc. Announces Results of Annual General and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") has released the results of voting on all resolutions presented to its annual general and special meeting of shareholders held on May 31, 2024 (the "Meeting"). A total of 11,327,469 common shares, or 23% of the 49,217,408 issued and outstanding common shares of the Company as at the record date of the Meeting, were voted at the Meeting by proxy. The following matters were...
2024-06-03 7:30 AM EDT
Universal PropTech Inc.'s Acquisition Target, Xemoto Media Ltd., Announces Appointment of John Beresford as Chief Revenue Officer
Toronto, Ontario--(Newsfile Corp. - May 30, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") announces today that its acquisition target, Xemoto Media Ltd. ("Xemoto"), has appointed John Beresford as chief revenue officer, responsible for corporate strategy, product development, revenue operations, and building industry partnerships. Mr. Beresford was the co-founder and chief executive officer of Socialpeeks, an influencer marketing analytics technology company founded...
2024-05-30 8:00 AM EDT
Universal PropTech Inc. Provides Xemoto Media Ltd. Corporate Update
Toronto, Ontario--(Newsfile Corp. - May 29, 2024) - Universal PropTech Inc. (TSXV: UPI.H) ("UPI" or the "Company") is pleased to announce that in connection with the previously announced proposed business combination (the "Transaction") with Xemoto Media Ltd. ("Xemoto") (see press release dated February 6, 2024), Xemoto plans to change its name to BrandPilot AI Inc. ("BrandPilot AI") on the completion of the Transaction as part of a strategic move designed to reflect its reshaped market...
2024-05-29 8:00 AM EDT
Universal PropTech Inc. and Xemoto Media Ltd. Announce Execution of Definitive Agreement with Respect to Change of Business Transaction
Toronto, Ontario--(Newsfile Corp. - February 6, 2024) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") and Xemoto Media Ltd. ("Xemoto") are pleased to announce that they have entered into an acquisition agreement dated February 6, 2024 (the "Acquisition Agreement") between UPI, Xemoto and 1000615911 Ontario Inc. ("Subco"), a wholly-owned subsidiary of UPI, which sets forth the terms and conditions of the change of business transaction between UPI and Xemoto (the "COB"). Upon...
2024-02-06 6:22 PM EST
Universal PropTech Inc. Announces Proposed Transaction with Influencer Marketing Platform, Xemoto Media Ltd.
Xemoto's proprietary technology is uniquely designed to serve clients in complex and highly regulated industries as well as unregulated industries With unparalleled access to a rapidly growing roster of industry-vetted, compliance-savvy influencers with an aggregate of 80+ million followers across the U.S. and Canada, Xemoto enables businesses to scale up marketing efforts and unlock value Xemoto delivers data-driven insights to help publicly traded companies and B2C / B2B businesses execute...
2023-09-27 2:22 PM EDT
Universal PropTech Inc. Announces Management and Board Change
Toronto, Ontario--(Newsfile Corp. - August 15, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that Brian Illion has been appointed to the board of directors to fill the vacancy left by the resignation of Brian Presement. In addition, Amy Stephenson has been appointed Chief Financial Officer of the Company to fill the vacancy left by the resignation by Keith Li. Mr. Illion is a civil litigation, employment law and commercial lawyer called to the bar in...
2023-08-15 8:00 AM EDT
Universal PropTech Announces Management and Board Changes
Toronto, Ontario--(Newsfile Corp. - July 14, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") today announced that Chris Hazelton, President, Chief Executive Officer and director of UPI has resigned from the Company and the Board of Directors, after leading the Company for more than nine years, most recently as President and Chief Executive Officer for the last three years. Jeffrey Berman will succeed Mr. Hazelton as President and Chief Executive Officer and as a director....
2023-07-14 8:00 AM EDT
Universal PropTech Announces Results of Voting at AGM
Toronto, Ontario--(Newsfile Corp. - May 31, 2023) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated April 17, 2023. Chris Hazelton, Al Quong and Brian Presement were elected directors of the Company. MNP LLP was...
2023-05-31 2:55 PM EDT
Universal PropTech Inc. Announces Acquisition Strategy
Toronto, Ontario--(Newsfile Corp. - March 6, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") is pleased to announce its corporate strategy following the successful closing of the sale of the Company's wholly-owned subsidiary, VCI Controls Inc. on February 1, 2023. The consideration for the sale of VCI was an aggregate of $4.8 million, subject to normal closing adjustments, and holdback. On closing an aggregate of $3,820,000 was paid in cash, with a holdback of $980,000...
2023-03-06 2:00 PM EST
Universal PropTech Inc. Announces Change in Directors
Toronto, Ontario--(Newsfile Corp. - February 3, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that Brian Presement has been appointed to the board of directors to fill the vacancy left by the resignation of Daniel Cohen. Mr. Presement is currently the President and CEO of Unite Communications. From its start-up over 21 years ago, he has overseen its growth from a regional company offering limited services, to a national full service telecom company,...
2023-02-03 4:15 PM EST
Universal PropTech Inc. Announces the Completion of the Sale of VCI Controls Inc.
Toronto, Ontario--(Newsfile Corp. - February 1, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that it has completed the previously announced transaction (the "Transaction") pursuant to which it has sold all of the issued and outstanding shares of the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI") to Dexterra Group Inc. (TSX: DXT) (the "Purchaser"). The terms of the Transaction are set out in the share purchase agreement dated December 2, 2022...
2023-02-01 8:15 AM EST
Universal PropTech Announces Results of Voting at Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - January 27, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated December 19, 2022. Both the Transaction Resolution and the NEX Resolution, as more fully described in the Information Circular, were passed at the...
2023-01-27 11:51 AM EST
CORRECTION BY ISSUER: Universal PropTech Inc. Announces Agreement to Sell VCI Controls Inc
Toronto, Ontario--(Newsfile Corp. - December 5, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that is has entered into a share purchase agreement dated December 2, 2022 (the "Agreement") with Dexterra Group Inc. (TSX: DXT) (the "Purchaser") that provides for the sale (the "Transaction") of all of the issued and outstanding shares of the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI").
2022-12-05 10:11 AM EST
Universal PropTech Inc. Announces Agreement to Sell VCI Controls Inc
Toronto, Ontario--(Newsfile Corp. - December 5, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that is has entered into a share purchase agreement (the "Agreement") with Dexterra Group Inc. (TSX: DXT) (the "Purchaser") that provides for the sale (the "Transaction") of all of the issued and outstanding shares of the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"). In consideration, the Purchaser will pay the Company an aggregate cash purchase price...
2022-12-05 8:45 AM EST
Universal PropTech Inc. Announces Grant of Option
Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that it has granted an aggregate of 1,000,000 options to officers, directors and employees of the Company pursuant to the Company's amended and restated stock option plan. The stock options vest immediately, and may be exercised at a price of $0.10 for a period of three years from the date of grant. The grant of options is subject to the approval of the TSX...
2022-08-22 4:15 PM EDT
Universal PropTech Inc. Announces Departure of Officer
Toronto, Ontario--(Newsfile Corp. - April 28, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that Frank Carnevale will step down as the Company's Chief Growth Officer to pursue a new opportunity on May 10, 2022. Chris Hazelton, CEO of UPI commented: "On behalf of the Board of the Directors and the Management team, I would like to express our gratitude for the leadership, strategic influence and guidance Frank has provided to the Company over the last few years....
2022-04-28 4:15 PM EDT
Universal PropTech Update
Toronto, Ontario--(Newsfile Corp. - April 26, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that ISBRG Corp. ("ISBRG"), a Toronto-based privately held, data analytics company specializing in health-related applications, in which the Company holds a small equity interest and select exclusive agency rights, has provided a corporate update. ISBRG's SpotLight-19© is designed to detect the presence of infection caused by SARS-CoV-2 virus. SpotLight-19© uses...
2022-04-26 9:00 AM EDT
Universal PropTech Announces Results of Voting at AGM
Toronto, Ontario--(Newsfile Corp. - March 17, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated February 1, 2022. Chris Hazelton, Al Quong and Dan Cohen were elected directors of the Company. MNP LLP was re-appointed auditors of the...
2022-03-17 1:51 PM EDT
Universal PropTech Identifies Unhealthy Levels of Indoor Air Quality in Buildings and Highlights Progress with ISBRG Corp Investment
Toronto, Ontario--(Newsfile Corp. - November 10, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the Company's advancements with Indoor Air Quality monitoring, and an update regarding ISBRG Corp. ("ISBRG"), an investee company in which UPI holds a small minority interest and certain Canadian distribution rights. Indoor Air Quality Monitoring On July 6th, 2021, the Company announced an agreement to integrate Indoor Air...
2021-11-10 8:34 AM EST
Universal PropTech Provides Updates on Executing Approximately $3 Million of Sales Backlog and $15 Million in Distribution Proposals
Toronto, Ontario--(Newsfile Corp. - November 4, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE:8LH) ("UPI" or the "Company") is pleased to provide updates on the execution of approximately CAD $3 million of the Company's sales backlog over 3 months, producing approximately CAD $15 Million in distribution proposals by the Company's distributors, and on indoor air quality equipment sales commission. The CEO of UPI Chris Hazelton comments: "We had a very busy summer, and we are...
2021-11-04 8:00 AM EDT