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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.W | XTRAF

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Post by Matthewon Dec 04, 2018 8:29pm
195 Views
Post# 29065271

Bought deal math

Bought deal mathCash out flow : $46,000,000 Cash inflow: $3, 220,00 (7% commission) Cash inflow: $29, 900,000 (selling 65% of the 18,400,000 shares and warrants to clients at $2.50) Cash inflow: $2, 060, 800 ( selling the remaining 35% of the warrants @ $0.32) Net cash outflow : $10,819,000 Remaining shares: 6,440,000 ( 35% of initial18,400,000 shares) Cost per share: $1.68 ( $10,819,00 / 6,440,000) So yeah Canaccord has been dumping the shares for proft.
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