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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.


TSXV:FOBI - Post by User

Post by gltaisignlongson Feb 14, 2023 10:12am
377 Views
Post# 35285035

What is the Catalina contract?

What is the Catalina contract?Does anyone has a link to the NR about Fobi signing a contract with Catalina?

The only reference I could find (besides Rob mentioning the contract multiple times) is that Catalina is a client of Passworks

The Passworks story is not very clear:
- Dec 2021 - Fobi announces LOI to buy Passworks  https://www.fobi.ai/press/fobi-announces-passworks-acquisition

- Jan 2022 Fobi announces definite agreement to buy Passworks - https://www.fobi.ai/press/fobi-announces-definitive-agreement-to-acquire-passworks

- Nov 2022 - Fobi announces that "Both parties see great value in the amalgamation and are working closely to finalize the transaction."  Passworks Update

If Fobi did not close the transaction with Passwork, is there a contract with Catalina?
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