Xtract One Technologies Inc. T.XTRA.WT

Primary Symbol: T.XTRA Alternate Symbol(s): XTRAF

Industrials Aerospace & Defense

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.

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Xtract One Technologies Inc. > Hehe

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Comment by Humaniston Oct 25, 2024 2:45pm

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Post# 36282534

RE:Hehe

wow Evlv stock price has been halved in past 2 dys

here's the article

EVLV BREAKING NEWS: BFA Law Announces an Investigation into Evolv Technologies Holdings after it Announces Accounting Improprieties; Investors are Urged to Contact the Firm (Nasdaq:EVLV)

NEW YORK, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Evolv Technologies Holdings, Inc. (NASDAQ: EVLV) for potential violations of the federal securities laws.

If you invested in Evolv Technologies, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc.

Why Did Evolv Technologies’s Stock Drop?

On October 25, 2024, Evolv announced a delay in filing its upcoming quarterly financial report due to an internal investigation revealing material misstatements in revenue recognition dating back to 2022. Evolv also announced that certain financial statements from 2022 to mid-2024 should not be relied upon, as sales to channel partners, including one of Evolv’s largest channel partners, involved undisclosed terms impacting reported revenue.

The news has caused a precipitous decline in the price of Evolv stock. During trading on October 25, 2024, the price of Evolv stock declined more than 40%.

Click here for more information: https://www.bfalaw.com/cases-investigations/evolv-technologies-holdings-inc.

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