STOCK TITAN

Victory Square - VSQTF STOCK NEWS

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

Victory Square Technologies Inc. (VSQTF) delivers cutting-edge innovation through its global portfolio of early-stage technology companies. This news hub provides investors with timely updates on strategic developments across digital health, artificial intelligence, blockchain solutions, and immersive technologies.

Access official press releases and curated analysis covering key operational milestones, including portfolio company advancements, strategic partnerships, and financial performance updates. Our comprehensive tracking ensures you stay informed about VSQTF's unique venture-building model that identifies, nurtures, and spins out disruptive tech enterprises.

Discover critical updates organized by focus area: emerging technology breakthroughs, investment portfolio expansions, and leadership initiatives shaping the Fourth Industrial Revolution. Bookmark this page for continuous access to verified information from a publicly traded leader in tech venture development.

Rhea-AI Summary

Victory Square Technologies announced that its portfolio company, GameOn Entertainment Technologies, has partnered with India’s leading entertainment super app, MX Player. This partnership will introduce free-to-play cricket prediction games to MX Player's extensive user base. The games aim to engage cricket fans during domestic and international tournaments. MX Player boasts over 280 million viewers globally, highlighting the potential reach of this initiative, which targets a growing audience passionate about cricket.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.14%
Tags
none
-
Rhea-AI Summary

Victory Square Technologies announced the appointment of Alvin Wang Graylin to the board of its portfolio company, Immersive Tech. With extensive experience in the VR industry, Graylin currently leads HTC's China operations and brings a wealth of knowledge to the company. He emphasized the growing demand for high-fidelity VR experiences post-pandemic and showcased Immersive Tech's innovative smart-container solution. CEO Tim Bieber expressed enthusiasm for Graylin's appointment, citing his expertise as a strategic advantage for the company's growth in location-based VR entertainment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.97%
Tags
management
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.02%
Tags
none
Rhea-AI Summary

Victory Square Technologies reported positive financial performance, achieving a record net income of $19,733,031 and earnings per share of $0.30 for fiscal 2020. In the first quarter of 2021, adjusted net income was $5,146,648, with earnings per share at $0.06 and cash equivalents of $10,180,620. The company issued a special common share dividend in 2021 and will attend the Lytham Partners Summer Investor Conference from June 14-16, 2021, focusing on connecting with institutional investors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.68%
Tags
conferences
-
Rhea-AI Summary

Victory Square Technologies reported strong Q1 2021 results with an adjusted net income of $5,146,648, marking the fifth consecutive quarter of positive earnings. Adjusted basic earnings per share were $0.06 and diluted earnings per share $0.05. The company maintained a healthy cash balance of $10,180,620. Key business highlights include the acquisition of Hydreight, successful financings for Fansunite and GameOn, and ongoing expansion efforts in digital health and telemedicine. CEO Shafin Diamond Tejani expressed confidence in ongoing growth and value creation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.73%
Tags
-
Rhea-AI Summary

Victory Square Technologies (CSE:VST, OTC:VSQTF) reported record net income of $19.7 million with an EPS of $0.30 for fiscal 2020. The company plans multiple spin-offs including GameOn and Immersive, alongside launching new ventures like DiscreetCare.com and acquiring IV Hydreight. Oversubscribed financings for portfolio companies were also noted, demonstrating strong investor interest. The company is actively expanding in key tech sectors, with strategic investments in renewable energy through Stardust Solar.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary

Victory Square Technologies (VSQTF) announced GameOn Entertainment Technologies' approval for listing on the Canadian Securities Exchange (CSE) under the symbol ‘GET’, effective June 1, 2021. This public listing follows GameOn's acquisition of GameOn App Inc. and a successful oversubscribed financing of $5.77 million. Victory Square will distribute approximately 12.4% of its GameOn holdings as dividends to shareholders.

CEO Shafin Diamond Tejani stated this opportunity enhances GameOn's growth prospects and shareholder value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
none
-
Rhea-AI Summary

Victory Square Technologies has launched DiscreetCare, a telehealth platform aimed at addressing sensitive health issues like hair loss and erectile dysfunction. Phase 1 includes treatments for various conditions, while Phase 2 will expand testing services. The service enhances user convenience by allowing private consultations with licensed physicians through a web app. DiscreetCare aims to reduce treatment avoidance due to stigma and discomfort associated with traditional in-person appointments. The company is poised to capitalize on the growing telehealth trend in the U.S.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10.33%
Tags
none
-
Rhea-AI Summary

Victory Square Technologies has declared a special dividend distributing 12.4% of its holdings in GameOn Entertainment Technologies to shareholders. Shareholders of record by May 21, 2021, will receive 20.74989 GameOn shares for every 1,000 shares of Victory Square held, translating to approximately 2 million shares in total. The ex-dividend trading begins on May 20, 2021, and payments are expected by May 27, 2021. Additionally, a strategic dividend initiative for Fantasy 360 Technologies is proposed, with further details pending.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
dividends
Rhea-AI Summary

Victory Square Technologies announced that its portfolio company, GameOn Entertainment Technologies, has received conditional approval for trading under the symbol CSE:GET on the Canadian Securities Exchange. GameOn, which specializes in gamification for sports and entertainment, aims to enhance user engagement across various platforms. The company recently secured $5.8 million in financing and has made key leadership appointments. Victory Square is proposing a dividend distribution of GameOn shares to its shareholders, aiming to maximize value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.9%
Tags
none
Victory Square

OTC:VSQTF

VSQTF Rankings

VSQTF Stock Data

13.92M
87.54M
13.61%
Asset Management
Financial Services
Link
Canada
Vancouver