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mdf commerce Ord Shs MECVF

mdf Commerce Inc. is a Canada-based company, which enables the flow of commerce by providing a set of software-as-a-service (SaaS) solutions designed to optimize and accelerate commercial interactions between buyers and sellers. It offers procurement, ecommerce and emarketplace solutions. Its emarketplaces connect buyers and sellers across multiple industries and offer transactional platforms that are safe, secure and increase their business performance. The eprocurement solutions are designed to ensure the required flexibility to respond to the specific needs of its clients and to connect them with supplier networks across North America. The ecommerce solutions serve the needs of businesses of all sizes by providing platforms and services ranging from ERP-connected all-in-one ecommerce solutions to commerce platforms specifically built for complex commercial ecosystems. It operates in Canada, the United States, Ukraine and China.


OTCPK:MECVF - Post by User

Comment by Possibleidiot01on Mar 11, 2024 4:46pm
130 Views
Post# 35927206

RE:MDF Commerce

RE:MDF CommerceYou make an interesting point - their voting support whichwould be 25.8% isn't mentioned.

translated from https://www.journaldemontreal.com/2024/03/11/mdf-commerce-se-vend-a-un-fonds-americain

Hope this formats to space.
 The Fonds de solidarit FTQ holds 13.6% of MDF shares while Investissement Qubec has a 12.2% stake in the company. The other major shareholder of MDF Commerce is the American investment firm Long Path Partners (12.1%). MDF stock has fallen sharply since its recent high of nearly $17, reached in February 2021. In late 2022 and early 2023, the company laid off dozens of people and reduced its office space to reduce expenses. The CEO of MDF Commerce, Luc Filiatreault, must remain at the helm of the company once the transaction is concluded. Remember that several Quebec companies have been sold to foreign interests in recent months. Among these, we note Fourgon Transit, Plusgrade, Uni-Select, Opsens, H2O Innovation, Logistec and QSL International.


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