Ivrnet Inc V.IVI

Ivrnet Inc is a software and communications company that develops, hosts, sells, and supports value added business automation software solutions. The company derives its revenues under license agreements from the sale of proprietary software licenses, third-party software support, and hardware and provides software-related services including training, installation, consulting, and maintenance, which include product support services and periodic updates. Its Telepay, a module in Central, is a PCI DSS compliant SECURE over-the-phone payment software provides customers a convenient way to pay bills and can be integrated into existing call center workflows or used as an efficient auto-attendant payment solution.

TSXV:IVI - Post by User

Ivrnet Inc

<< Previous

Bullboard Posts

Next >>

Post by Betteryear2on Mar 29, 2022 2:14pm

217 Views

Post# 34556199

Update on Previously Announced Reverse Takeover Transaction

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

CALGARY, AB / ACCESSWIRE / March 29, 2022 / IVRNET INC. ("IVRNET" or the "Company") (TSXV:IVI), is pleased to provide an update, further to its news release dated November 19, 2021 (the "Initial News Release"), on its previously-announced reverse takeover transaction with FLEXITY SYSTEMS LTD. ("FLEXITY") and 1333749 B.C. Ltd.,a wholly owned subsidiary of the Company ("IVRNET Subco", and together with "IVRNET" and "FLEXITY", the "Parties"), pursuant to which IVRNET will, by way of a "three-cornered amalgamation", acquire all of the issued and outstanding securities of FLEXITY (the "Transaction").

IVRNET INC. Provides Update on Previously Announced Reverse Takeover Transaction with FLEXITY SYSTEMS LTD. and Announces Special Shareholder Meeting Results