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Xtract One Technologies Inc. T.XTRA

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

Xtract One Technologies Inc. is a Canada-based technology-driven threat detection and security solution provider, leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company's segments include Platform and Xtract. The Platform segment develops and commercializes a platform of AI-powered threat detection technologies. The Xtract segment develops and commercializes advanced artificial intelligence solutions for customers. Its products include SafeGateway, SmartGateway and Xtract One View. Its Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive intelligence for optimizing operations. Xtract One View, the Company's cloud-based platform, provides oversight of its customers entire fleet of Xtract One SmartGateways from one interface.


TSX:XTRA - Post by User

Comment by Yajneon May 29, 2023 10:31pm
180 Views
Post# 35469567

RE:streamlining board for nasdaq?

RE:streamlining board for nasdaq?possibly TheGesh. I think we might be seeing the start of MSG influence. Even though MSG does not formally have a board seat, recall that the 'investor rights' clause with their investment gave them an observer status, meaning they can attend but not vote at board meetings. I could understand if MSG thinks that a NASDAQ listing improves their investment for US investors. JMHO

From Feb.13 nr:
"In connection with its investment, MSGSV entered into an investor rights agreement with Xtract One (the “Investor Rights Agreement”) pursuant to the terms of which MSGSV has been granted the right to appoint an observer to the board of directors of Xtract One."
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