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) operates a global AI-powered marketplace connecting consumers with vetted service providers across key international markets. This page aggregates official company announcements, financial updates, and strategic developments for stakeholders tracking its technological evolution and market position.
Investors and analysts will find timely updates on earnings reports, partnership agreements, and operational milestones. The curated collection includes press releases related to AI platform enhancements, blockchain integration through strategic acquisitions, and financial restructuring initiatives aimed at improving operational efficiency.
Regular visitors gain access to primary source materials detailing Spetz's expansion in decentralized finance and cost-optimization strategies. Content spans technology deployments, service provider network growth, and leadership updates critical for assessing the company's trajectory.
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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.
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.
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.
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.
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.
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.
