Voxtur Analytics Corp - VXTRF STOCK NEWS

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has announced the acquisition of RealWealth Technologies LLC, which will be renamed VoxturWealth. The deal includes the issuance of three million common shares at closing and an additional two million shares contingent on achieving specific EBITDA targets. This acquisition aims to enhance Voxtur's technology solutions in the real estate sector, offering a trusted platform for property management. However, completion is subject to regulatory approvals, and there are risks associated with the acquisition process.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) announced the appointment of Marcum LLP as its new independent auditor, effective September 15, 2021, following the resignation of KPMG LLP. The change has been approved by the Company’s Audit Committee and Board of Directors without any reservations from the former auditor regarding past financial reports. Voxtur, focused on transforming the real estate lending ecosystem, provides data analytics and technology solutions for investors and lenders across the U.S. and Canada.

Voxtur Analytics Corp. (VXTRF) announced the grant of 1,750,000 stock options to its non-management Directors, with an exercise price of $0.80, expiring in five years. Vesting occurs quarterly. Additionally, Voxtur has engaged Venture North Capital Inc. for investor relations, paying CAD $7,500 plus options for 360,000 common shares at CAD $1.00. Options will vest in stages and expire after 30 days from termination or within five years. This engagement is pending TSXV approval.

Voxtur Analytics Corp. (VXTRF) has completed the acquisition of Xome Services LLC and Xome Valuation Services LLC for approximately $15 million, comprising $6 million in shares and $9 million in cash. This acquisition enhances Voxtur's capabilities in the valuation management field, providing a scalable platform for revenue growth through its Anow SaaS offerings. The transaction received approval from the TSX Venture Exchange and is expected to fortify Voxtur’s position as a leader in the U.S. property data market.

Voxtur reported a remarkable 301% year-over-year revenue growth for Q2 2021, totaling $18M, a 25% increase from Q1 2021. Year-to-date revenue is $32M, reflecting a 238% increase. The company attributes 89% of its revenue to U.S. operations, up from 59% in the previous year. Ending Q2 2021, Voxtur had $38M in cash and cash equivalents. The CEO emphasized the company's shift towards a SaaS-based revenue model and its unique AI-enabled valuation platform.

Voxtur Analytics Corp. (VXTRF) will announce its financial results for the quarter ending June 30, 2021, on August 30, 2021. The company focuses on enhancing transparency in real estate lending through data analytics, offering services in tax solutions, property valuation, and settlement throughout the lending lifecycle. A conference call is scheduled for August 31, 2021, at 8:30 a.m. ET, where management will discuss the results and answer analyst questions. The call can be accessed by dialing (888) 743-7963 with Conference ID 8292905.

Voxtur Analytics Corp. has entered into a purchase agreement to acquire Xome Valuations, a key player in the real estate valuation sector, for approximately US$15 million. This includes US$6 million in common shares and US$9 million in cash. The acquisition will enhance Voxtur’s technology platform and brand strength in the valuation market. Completion is expected by Q3 2021, pending regulatory approvals. This strategic move aims to improve operational efficiencies and client engagement in real estate finance, furthering Voxtur's mission for a transparent financial ecosystem.

Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) announced that Gary Yeoman, Executive Chairman, and Jim Albertelli, CEO, acquired 6,413,042 and 1,000,000 Restricted Share Units, respectively, on June 10, 2021. Yeoman sold 5,000,000 common shares to settle taxes from RSUs' vesting and to support his relocation to the U.S. for business expansion. Yeoman's new shareholding is 24,853,633 common shares, up from 23,440,591 as of March 31, 2021. Additionally, James E. Albertelli converted 54,227,816 non-voting shares into common shares as part of Voxtur's strategy to grow its U.S. operations.

Voxtur Analytics Corp. (TSXV:VXTR; OTCQB:VXTRF) announced results from its Annual and Special Meeting held on June 10, 2021. Shareholders increased the board size to ten directors and elected new members, emphasizing growth and innovation. The meeting also saw the re-appointment of KPMG LLP as auditor and the approval of amendments to the Stock Option Plan and Restricted Share Unit Plan. Key management changes were made, with Jim Albertelli appointed CEO, Angela Little as CFO, and Gary Yeoman becoming Executive Chairman, reflecting a strategic shift in leadership.