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Spetz Inc - DBKSF STOCK NEWS

Welcome to our dedicated page for Spetz news (Ticker: DBKSF), a resource for investors and traders seeking the latest updates and insights on Spetz stock.

SPETZ INC (DBKSF) is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform connecting consumers to top-rated service providers in around 30 seconds. With a vision to revolutionize how people worldwide access services in their time of need, Spetz is available in the USA, UK, Australia, and Israel. Recently, the company celebrated surpassing one million completed service calls, highlighting its dedication to user experience and brand presence. Under the leadership of CEO Yossi Nevo, Spetz continues to focus on operational excellence, financial stability, and profitability, as evidenced by its significant revenue growth and expense reductions in recent financial reports.

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Spetz Inc. (CSE:SPTZ, OTC:DBKSF) has announced an amendment to an unsecured, convertible note initially dated December 29, 2021, which involved a US$250,000 investment into MADA Analytics Ltd.. The company has agreed to extend the note's maturity date, allowing MADA to repay the principal amount in ten quarterly installments ranging from US$20,000 to US$30,000. The interest rate has been adjusted from 5% to 8% per annum from the date of the amendment.

Spetz provides a global, AI-powered marketplace app that connects consumers with top-rated service providers in around 30 seconds, operational in the USA, UK, Australia, and Israel. For more information, visit www.spetz.app.

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Spetz Inc. (CSE:SPTZ)(OTC PINK:DBKSF) announced significant growth following its US launch on December 5, 2022. As of January 2023, the number of registered service providers increased by 73% to 311, covering 372 services across 1,076 US cities. The company also saw a remarkable 200% rise in consumer service calls, totaling 1,543. CEO Yossi Nevo expressed optimism regarding these results, emphasizing the effectiveness of their AI-driven platform in boosting revenue for service providers.

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Spetz Inc. has announced a strategic partnership with Level Software Inc., which provides project management and bookkeeping solutions for service providers. The collaboration aims to enhance service providers' operational efficiency by offering automated accounting and job cost analysis through the Check The Level platform. This agreement features a revenue-sharing model and mutual marketing efforts to grow customer bases in the US. Both companies target contractors already managing over $50 million in revenue, with Spetz highlighting the importance of this partnership in expanding its services in the US market.

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Spetz Inc. (OTC PINK: DBKSF) has successfully completed a secured convertible debenture and warrant offering, raising $600,000 in total gross proceeds. Each debenture is valued at $1,000 and matures in nine months, accruing interest at 1% per month. Holders can convert debentures into shares at a conversion price of $0.05 per share. The share purchase warrants allow for subscriptions at the same price for three years. Proceeds will be allocated for general working capital purposes, boosting Spetz’s operational capability.

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Spetz Inc. (CSE:SPTZ)(OTC PINK:DBKSF) announced a new partnership with Lendflow to launch Spetz Capital, a financing solution for its service providers. This initiative enables providers to access funding up to $1 million within 24 hours, enhancing their financial capabilities. The integrated platform allows service providers to apply for loans directly through the Spetz application, streamlining the process and reducing reliance on external financial institutions. Spetz aims to attract more service providers during its U.S. launch phase with this offering.

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SPETZ INC. (CSE:SPTZ, OTC PINK:DBKSF) reported a successful US launch on December 5, 2022, with 180 service providers covering 334 services in 489 cities. Since the launch, it has processed 571 consumer service calls, demonstrating ongoing growth. CEO Yossi Nevo expressed satisfaction with the launch, noting positive feedback from service providers and strong demand for the Spetz platform. The Company aims to transform consumer-service provider connections through its AI-powered marketplace. For more details, visit www.spetz.app.

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Spetz Inc. (CSE:SPTZ)(OTC PINK:DBKSF) announced the appointment of On Freund to its board of directors, effective immediately. Freund, co-founder and CEO of Wilco, brings extensive experience from WeWork, where he held multiple leadership roles. He played a significant part in scaling Handy Technologies, which processes over $1 million weekly in service transactions. Additionally, the company issued 2,000,000 share purchase options at $0.05, vesting over two years. This appointment requires approval from the Canadian Securities Exchange.

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Spetz Inc. (CSE:SPTZ, OTC PINK:DBKSF) announces its name change from DigiMax Global Inc. to Spetz Inc., effective December 9, 2022. The change reflects a strategic shift towards the Spetz mobile app, an AI-driven marketplace connecting consumers with service providers. This decision was ratified by shareholders on November 28, 2022. The company aims to enhance its brand alignment with the growth of its app, which has recently launched in the USA, expanding Spetz's global presence.

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DigiMax Global Inc. (CSE:DIGI)(OTC PINK:DBKSF) has launched its Spetz services in the US as of December 5, 2022, with the first bookings occurring minutes after the launch. The Spetz app connects consumers with nearby service providers and is now available across all 50 states. The CEO highlights this as a significant milestone. The company previously announced intentions to file audited financial statements for Spetz Tech Ltd. by December 5, 2022, but will now include them in a forthcoming Business Acquisition Report or Annual Information Form in early 2023.

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FAQ

What is the current stock price of Spetz (DBKSF)?

The current stock price of Spetz (DBKSF) is $1.01 as of February 7, 2025.

What is the market cap of Spetz (DBKSF)?

The market cap of Spetz (DBKSF) is approximately 5.8M.

What is SPETZ INC (DBKSF) known for?

SPETZ INC is known for operating Spetz, an AI-powered marketplace platform that connects consumers to top-rated service providers globally in around 30 seconds.

Where is SPETZ INC (DBKSF) available?

SPETZ INC operates in the USA, UK, Australia, and Israel, offering its services to users in these regions.

What recent milestone did SPETZ INC (DBKSF) achieve?

SPETZ INC recently celebrated surpassing one million completed service calls, demonstrating its commitment to user experience and brand presence.

Who leads SPETZ INC (DBKSF)?

Yossi Nevo is the CEO of SPETZ INC, leading the company's efforts towards operational excellence, financial stability, and profitability.

What financial achievements has SPETZ INC (DBKSF) recently reported?

SPETZ INC reported significant revenue growth and expense reductions in its recent financial reports, showcasing its focus on financial stability and operational excellence.
Spetz Inc

OTC:DBKSF

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5.84M
13.65M
10.45%
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