TORONTO, ON / ACCESSWIRE / November 30, 2022 / DIGIMAX GLOBAL INC. (the "Company" or "DigiMax") (CSE:DIGI)(OTC:DBKSF) is pleased to announce several changes to the Company that are a result of matters approved at its Annual and Special Meeting of shareholders ("Meeting") held on November 28, 2022, and a subsequent meeting of the Board of Directors.
The Meeting was held 10:00 a.m. on November 28, 2021 and the following matters were addressed by the shareholders:
- the audited consolidated financial statements for the financial years ended January 31, 2021 and 2022, were received;
- A new Board of Directors was elected that includes:
- Yossi Nevo - Chairman
- Michael Kron - Audit Committee Chair
Ofir Friedman
Bhavuk Kaul
Chris Carl;
- Clearhouse LLP was re-appointed as auditor of the Corporation, for the coming financial year;
- the Corporation's proposed omnibus equity incentive plan was received and approved by the shareholders;
- a special resolution was passed authorizing the Corporation to amend its articles of incorporation to change the name of the Corporation to a name determined by the Board in its sole discretion.
In a subsequent meeting, the Board of Directors approved the following resolutions:
- Changing the name of the Company to a name to be determined by the Board;
- Accepting the resignations of Chris Carl as Chief Executive Officer and Thierry Hubert as Chief Technology Officer;
- Appointing Yossi Nevo as Chief Executive Officer and Yoav Sivan as Chief Technology Officer;
- Direction to transition out of operations of all crypto-related business activities;
- Authorized the creation of a new business plan that will allow the Company to focus its efforts on continuing to grow revenue and margins exclusively in the Spetz business of home and family services on a global basis.
"We are excited to be able to focus the Company on a single set of priorities going forward as we launch our Spetz operations in the United States on December 5th," said new CEO, Yossi Nevo. "We would like to thank Chris Carl and Thierry Hubert for their support in making this transition as seamless as possible. We look forward to delivering value to our shareholders."
"DigiMax made a very specific effort to pivot the business away from its reliance on crypto-related activities given the changing business climate and attitude toward the trading of crypto currencies around the world," said former Chief Executive Officer, Chris Carl. "As a shareholder and Director, I am encouraged about this new high growth opportunity, especially in the U.S., and remain committed to working with the Spetz team to drive substantial shareholder value."
The Company has filed the audited financial statements for the Spetz business for the year ended December 31, 2021 and intends to file its interim financial statements for the period ended October 31, 2022 on or before December 24, 2022. The Company also intends to file an annual information form comprehensively describing the Spetz business on or before January 31, 2023.
About DigiMax Global Inc.
DigiMax Global Inc. is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is already operating in the United Kingdom, Australia and Israel with a target launch in the USA, in December 2022.
The Spetz vision is to reinvent how people around the world connect to services in their moment of need. Connecting them immediately with the top-matched service provider, for any need, anytime, anywhere.
Spetz website: www.spetz.app
Company Contact:
Daniel Mogil
Investor Relations Manager
Investors@spetz.app
437-826-4012