Welcome to our dedicated page for Imaginear news (Ticker: IPNFF), a resource for investors and traders seeking the latest updates and insights on Imaginear stock.
Overview
ImagineAR Inc. (IPNFF) is an innovative augmented reality company that has developed an AR-as-a-Service platform, enabling organizations of all sizes—including sports teams, retailers, and entertainment venues—to create interactive and immersive AR campaigns without any technical or programming expertise. The platform integrates advanced technologies such as mobile engagement, real-time analytics, and generative AI to provide personalized, dynamic customer experiences.
Core Business and Platform Capabilities
The ImagineAR platform empowers users to blend digital content with the physical world simply by using their mobile devices. With a menu-driven portal, users can design and launch campaigns that incorporate interactive videos, advertisements, 3D holograms, coupons, and other engaging content. The real-time analytics feature tracks user interactions instantaneously, providing actionable insights that help organizations optimize their marketing strategies and measure campaign success. This integrated approach leverages augmented reality, mobile engagement, and AI, placing ImagineAR at the nexus of modern digital innovation.
Business Model and Revenue Streams
ImagineAR’s business model is built around a flexible licensing framework that includes subscription-based services, SDK plug-in deployments, and enterprise-specific solutions. Organizations can choose a licensing option tailored to their usage, with the possibility of recurring revenue through long-term contracts and SaaS platforms. The company also generates additional value through strategic patent licensing and enforcement initiatives that safeguard its proprietary technology.
Market Position and Industry Integration
Operating within the augmented reality and immersive technology sector, ImagineAR targets a diverse customer base ranging from professional sports franchises to small retailers seeking innovative marketing solutions. The company differentiates itself by offering an end-to-end solution that is scalable, user friendly, and designed to evolve with rapid technological advancements. Its incorporation of generative AI, which personalizes user interactions and enhances campaign effectiveness, has positioned ImagineAR as a key innovator in integrating AI with AR technologies.
Key Features and Strategic Initiatives
- AR-as-a-Service Platform: A cloud-hosted service that allows non-technical users to create interactive AR experiences easily.
- Real-Time Analytics: Integrated tools that monitor customer interactions to provide instant feedback and campaign insights.
- Flexible Licensing: A subscription-based model that adapts to the needs of diverse enterprise clients, ensuring scalability and recurring revenue.
- AI Integration: Incorporating generative AI to drive personalized interactions through AR holograms and avatars, enhancing user engagement.
- Patent Portfolio Strategy: Focused initiatives on patent licensing and enforcement to maximize the commercialization of its technology.
- Multi-Industry Applications: Solutions are tailored for sectors such as sports, retail, location-based entertainment, and more, reinforcing its competitive edge.
Competitive Landscape and Differentiation
ImagineAR faces competition in the broader digital marketing and immersive technology space, yet its distinct approach—combining advanced AR capabilities with AI-powered features—sets it apart. By simplifying the creation of AR campaigns and offering detailed analytics, the company provides a comprehensive toolset that is both adaptable and robust, ultimately delivering measurable value to organizations seeking to enhance customer engagement without extensive technical overhead.
Conclusion
ImagineAR Inc. stands as a pivotal player in the augmented reality industry, merging cutting-edge technologies with a user-friendly platform to empower businesses to craft compelling digital experiences. The company’s focus on innovation and flexible business solutions, underpinned by its strong emphasis on patent protection and AI integration, makes it a noteworthy entity in the evolving landscape of immersive technology.
ImagineAR (IPNFF) held its Annual General Meeting on February 25, 2025, where shareholders approved key resolutions including the election of three board members: Alen Paul Silverrstieen (CEO), Gurdip Panaich, and Mike Tunnicliffe as independent directors.
The company announced a significant consulting agreement with Metsec Financial for sales and marketing advisory services related to Immersive Entertainment Centres. The three-year agreement includes commission-based payments and the issuance of 1,000,000 options. Additionally, Metsec could receive up to 10% of FameDays common stock upon achieving certain milestones.
ImagineAR also granted stock options to various stakeholders: 3,000,000 options to consultants at $0.065 per share for five years, and 7,650,000 options to directors and a consultant at the same price for three years.
ImagineAR (CSE: IP) (OTCQB: IPNFF) announced that its subsidiary FameDays has secured a $10 million contract to develop a 25,000-square-foot immersive experience center in Niagara Falls, Ontario. The agreement was executed with Ontario real estate developer Mr. J Grewal on February 21, 2025.
The project represents the first implementation of ImagineAR's new AR-AI business model designed for scalable, recurring revenue. Key features include:
- A non-refundable deposit of $250,000 paid upon contract execution
- A Master Services Agreement for ongoing support
- Annual fees and monthly royalties based on gross sales
- Immersive attractions, AR racing, VR Gaming, and Mixed Reality
Located in a region attracting over 13 million visitors annually, the center aims to capitalize on Niagara Falls' tourism. The partnership serves as a blueprint for scaling ImagineAR's technology across high-traffic global destinations, with potential expansion already in discussion for a second, larger location in Ontario.
ImagineAR (IPNFF) announced a significant $10 million contract through its subsidiary FameDays to develop a 25,000-square-foot immersive experience center in Niagara Falls, Ontario. The agreement, signed with Ontario real estate developer J Grewal on February 21, 2025, includes immersive attractions, AR racing, VR Gaming, and Mixed Reality features.
The developer paid a non-refundable deposit of $250,000 and signed a Master Services Agreement for ongoing support. Beyond the initial contract, ImagineAR will receive annual fees and monthly royalties based on gross sales once the center opens. Located in a region attracting over 13 million visitors annually, this marks ImagineAR's first implementation of their AR-AI business model aimed at driving scalable, recurring revenue.
Grewal has expressed interest in opening two additional locations, with discussions underway for a second, larger center in Ontario. This partnership aligns with market projections showing immersive tech growth from $183.96 billion in 2024 to $1.7 trillion by 2032.
ImagineAR (IPNFF) has announced key achievements and future plans in the immersive technology market, which is projected to grow from $183.96 billion in 2024 to $1.7 trillion by 2032. The company has developed a Microsoft Certified Azure AR cloud platform with self-publishing capabilities and integrated generative AI features for interactive AR holograms and avatars.
The company has expanded into key verticals including retail, casinos, and location-based entertainment, offering tailored mobile and web solutions. ImagineAR has established strategic partnerships to advance AR adoption and gained recognition for its AI/AR-as-a-Service model. The company aims to make AR & AI tools more practical and accessible for businesses to enhance customer experiences.
ImagineAR (IPNFF) has announced significant financial restatements following a British Columbia Securities Commission review. The company will amend and re-file interim financial statements and management discussion analyses for periods ending November 30, 2022, February 28, 2023, and May 31, 2023, due to material revenue misstatements.
Key disclosures include significant customer concentration risk, with one major customer contributing 52% and 66% of revenue during 2022 and 2023, respectively. Notable write-offs of accounts receivables from this customer amounted to $39,952 in 2022 and $173,547 in 2023.
The company also clarified that 10,000,000 common shares were issued on November 22, 2023, initially recorded as a transaction cost but later reclassified as share-payment compensation valued at $400,000. A previously disclosed refundable deposit for a Southern United States property project was returned to the original providers, not to the company.
ImagineAR (IPNFF) has announced the planned launch of its AI/AR-as-a-Service business model, integrating GenAI technology developed by S3iai with Augmented Reality. The platform will enable businesses to create personalized customer experiences through AI-powered voice interactions and AR holograms on mobile devices.
The solution will target diverse sectors including Aerospace, Location-Based Entertainment, Casino, and Retail, offering features such as AI-curated AR ads, flexible platform licensing, and data-driven insights through subscription plans. The SaaS model aims to generate predictable recurring revenue and foster long-term customer relationships.
The company reports early interest from potential partners and is currently in active discussions with multiple parties interested in implementing this technology for their operations and customer engagement strategies.
ImagineAR (CSE: IP, OTCQB: IPNFF) has announced the signing of an arms-length consulting agreement with a consultant who will assist in developing new business concepts, increase company visibility, and identify potential partnership opportunities over a 12-month period.
As compensation, the company has granted the consultant 5,000,000 stock options, exercisable at $0.075 per share with a three-year exercise period. The options have been issued in accordance with the company's stock option plan.
ImagineAR (CSE: IP) (OTCQB: IPNFF) has closed the second tranche of a convertible note financing, raising $385,000. This brings the total amount received from both tranches to $510,000. The funds will support the company's major initiatives: Location-Based Entertainment, AI integration with AR, and Patent Enforcement & Licensing.
The convertible notes can be converted into Units at $0.05 per Unit, with each Unit comprising one common share and one warrant. The warrant is exercisable into one common share at $0.07 for three years from the issue date. No finder's fees or commissions will be paid. Securities issued will have a four-month statutory hold period plus one day from issuance.
ImagineAR (CSE: IP) (OTCQB: IPNFF) has clarified details of its convertible note financing announced on August 30, 2024. The convertible notes and interest can be converted into units at $0.05 per unit at any time by the holder or automatically. Each unit comprises one common share and one warrant, with the warrant exercisable into one common share at $0.07 for three years from the issue date. The company has received $125,000 for the first tranche and plans to issue the convertible notes on September 9, 2024. No finders fees or commissions will be paid. The company emphasizes that this press release is not an offer to sell or solicitation to buy securities, and the securities have not been registered under the U.S. Securities Act of 1933.
ImagineAR (CSE: IP) (OTCQB: IPNFF) has announced the closure of the first tranche of a $1.1 million convertible note financing. The funds will support three major initiatives: Location-Based Entertainment, AI integration with AR, and Patent Enforcement & Licensing. The financing terms include:
- Three tranches: Initial $125,000 on August 30, 2024, and $975,000 in two subsequent tranches by October 31, 2024
- 12% annual interest rate, payable quarterly or on maturity/conversion
- 24-month maturity from issue date
- Automatic conversion to common shares at $0.05 per share
- Company option to convert within 30 days if shares trade at or above $0.20 for 20+ consecutive days after 4 months from issuance
Securities are subject to a four-month statutory hold period. This offering is not available in the United States or to U.S. persons.
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