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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | 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 bobbythebakeron Aug 02, 2023 10:42am
132 Views
Post# 35568880

Timing of Financing

Timing of Financing

I find the Virginia Veterans Administration (or VA VA as it shall heretofore be known) announcement this morning to be interesting from a financing perspective.  This contract is kind of a big deal.  Anyone looking to do a dirt cheap equity deal with XTRA may see the share price run higher from here.  With the market cap at CAD$170mm and climbing this morning, even something as massive as a CAD$30mm equity raise would only dilute shareholders by 15%.

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