Voxtur Announces filing of Credit Agreement
Rhea-AI Summary
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) has filed its amended and restated credit agreement with the Bank of Montreal, along with subsequent amendments. This filing was made at the request of the Ontario Securities Commission staff as part of a review process. The Credit Agreement is now available on the Company's SEDAR+ profile.
Voxtur is a North American real estate technology company focused on creating a more transparent and accessible lending ecosystem. The company offers targeted data analytics to simplify various aspects of the lending lifecycle for investors, lenders, government agencies, and servicers. Voxtur's proprietary platforms aim to more accurately and efficiently value assets, originate and service loans, and securitize portfolios.
Positive
- Filing of the Credit Agreement demonstrates transparency and compliance with regulatory requirements
- Company operates in the growing real estate technology sector
- Offers data analytics solutions for various stakeholders in the lending industry
- Proprietary platforms for asset valuation, loan origination, and portfolio securitization
Negative
- Credit Agreement filing was requested by regulators, potentially indicating scrutiny
- No specific financial metrics or business performance indicators provided
News Market Reaction 1 Alert
On the day this news was published, VXTRF declined 2.60%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
TORONTO and TAMPA, Fla., Sept. 04, 2024 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, announces that the Company has filed the amended and restated credit agreement dated September 21, 2022, between the Company, the Company’s subsidiaries and the Bank of Montreal, along with all subsequent amendments (collectively, the “Credit Agreement”).
The Credit Agreement is available on the Company's SEDAR+ profile at www.sedarplus.com.
The filing of the Credit Agreement has been made at the request of the Ontario Securities Commission staff in connection with a staff review.
ABOUT VOXTUR
Voxtur is a transformational real estate technology company that is redefining industry standards in a dynamic lending environment. The Company offers targeted data analytics to simplify the multifaceted aspects of the lending lifecycle for investors, lenders, government agencies and servicers. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, and securitize portfolios. As an independent and transparent mortgage technology provider, the Company offers primary and secondary market solutions in the United States and Canada. For more information, visit www.voxtur.com.
Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Contact:
Jordan Ross
Chief Investment Officer
Tel: (416) 708-9764
jordan@voxtur.com
For media inquiries:
Jacob Gaffney
Tel: (817) 471-7627
jacob@gaffneyaustin.com