Welcome to our dedicated page for Predictiv Ai news (Ticker: INOTF), a resource for investors and traders seeking the latest updates and insights on Predictiv Ai stock.
Predictiv AI Inc. (INOTF) delivers AI-powered predictive analytics solutions for risk management and operational efficiency across insurance, logistics, and public safety sectors. This page serves as the definitive source for all official company announcements and market-relevant developments.
Investors and industry professionals will find timely updates on technology innovations, strategic partnerships, and research breakthroughs from Predictiv AI and its subsidiaries. Our curated feed includes earnings disclosures, product launch details, and operational milestones that shape the company's trajectory in artificial intelligence and data science markets.
Key content categories encompass financial reporting, patent filings, weather telematics advancements, and AI Labs initiatives. Each update is verified at source to maintain accuracy while avoiding speculative commentary. Regular visitors gain insight into how machine learning applications evolve within practical business contexts.
Bookmark this page for streamlined tracking of Predictiv AI's progress in transforming complex data into actionable intelligence. Check back frequently for developments that demonstrate the company's commitment to advancing predictive technologies across critical industries.
Predictiv AI (INOTF) has amended its letter of intent to acquire Shift Technologies Canada and HouseStack Holdings through a reverse-takeover transaction. The deal structure has been revised to offer 82.5% (up from 70%) of PAI shares to target companies' shareholders.
The transaction includes a 12.5:1 share consolidation, resulting in approximately 63 million post-consolidation shares being issued to Shift and HouseStack shareholders. Additionally, Suman Pushparajah will receive a $250,000 cash payment and a $250,000 promissory note with 12% annual interest.
The company plans a private placement financing of up to $1.75 million through subscription receipts at $0.10 each, including warrants exercisable at $0.15. The transaction is expected to close around April 30, 2025, subject to regulatory approvals and due diligence.
Predictiv AI (TSXVNEX:PAI.H, OTC:INOTF, FSE:71TA) has announced the termination of its previously announced letter of intent (LOI) dated August 2, 2024, with Shift Technologies Canada and HouseStack Holdings. The proposed reverse takeover transaction (RTO) will not proceed as planned.
Trading of the company's common shares has been halted since the initial RTO announcement in August 2024. Predictiv AI will now apply to the NEX board of the TSXV to resume trading of its common shares.
Predictiv AI (TSXVNEX:PAI.H, OTC:INOTF) announced the termination of its Letter of Intent (LOI) dated August 2, 2024, with Shift Technologies Canada and HouseStack Holdings. As a result, the previously proposed reverse takeover transaction (RTO) will not proceed.
Trading of the company's common shares has been halted since the initial RTO announcement in August 2024. The company will now apply to the NEX board of the TSXV to resume trading of its common shares.
Predictiv AI Inc. (TSXV:PAI.H)(OTC:INOTF) has announced details of its proposed financing of up to $1,500,000 for the reverse takeover transaction (RTO) with Shift Technologies Canada Inc. and HouseStack Holdings Inc. The company plans a share consolidation of 1 post-consolidation share for 5.5 pre-consolidation shares. The RTO Financing will be through a non-brokered private placement of subscription receipts at $0.10 per receipt. Each receipt will convert into one post-consolidated common share and half a warrant. Warrants are exercisable at $0.15 per share for 12 months. The financing will fund the $250,000 cash component for the acquisition, development of HouseStack and CloudREP platforms, and commercial launch of Shift Technologies' fleet management platform. Closing is expected around November 29, 2024, subject to TSXV approval.
Predictiv AI Inc. (TSXV:PAI.H)(OTC PINK:INOTF)(FSE:71TA) has announced a letter of intent to acquire Shift Technologies Canada Inc. and HouseStack Holdings Inc. The proposed transaction, structured as a reverse takeover, will result in Predictiv AI issuing approximately 300,000,000 shares (pre-consolidation) to acquire 100% of both companies. As part of the deal, majority owner Suman Pushparajah will receive a $250,000 cash payment and a $250,000 promissory note. The transaction is subject to regulatory approvals, due diligence, and a financing round to meet TSXV listing requirements. Predictiv AI also plans a share consolidation of up to 6:1 prior to closing. Trading of Predictiv AI shares will remain halted until the transaction is completed.
Predictiv AI has finalized a private placement of 10 million units at $0.02 per unit, generating $200,000. Each unit includes a common share and a warrant for another share at $0.05, valid for 24 months. Additionally, the company settled $500,000 in debt by issuing 25 million common shares at $0.02 each. Shares and securities are subject to a four-month hold. This debt settlement involved issuing over 10 million shares to company officers, which qualifies as a related party transaction. The company did not file a material change report 21 days before the settlement due to a need for expedited closure.
Predictiv AI Inc. announces a 30-day extension to complete a non-brokered private placement of up to 12,500,000 units at $0.02 per unit for gross proceeds of up to $250,000. The Offering is subject to TSXV regulatory approval.
