Voxtur Announces Review of Strategic Options to Enhance Stakeholder Value
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a North American real estate lending technology company, has announced that its Board of Directors has initiated a strategic review process. The company aims to explore various options to enhance value for shareholders, employees, and clients.
The strategic alternatives under consideration include recapitalization, sale of company assets, merger, or a combination of these options. A Special Committee of independent directors has been formed to oversee the process, with BMO Capital Markets serving as an advisor.
The company states it will not disclose developments regarding the strategic review until the Board approves a specific transaction or determines disclosure is necessary. Voxtur emphasizes that there are no guarantees that this process will result in any transaction or specific outcome.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), una società tecnologica di prestiti immobiliari nordamericana, ha annunciato che il suo Consiglio di Amministrazione ha avviato un processo di revisione strategica. L'azienda intende esplorare diverse opzioni per aumentare il valore per azionisti, dipendenti e clienti.
Le alternative strategiche in fase di valutazione includono ricapitalizzazione, vendita di beni aziendali, fusione o una combinazione di queste opzioni. È stato formato un Comitato Speciale di direttori indipendenti per supervisionare il processo, con BMO Capital Markets che funge da consulente.
L'azienda dichiara che non divulgherà sviluppi riguardanti la revisione strategica fino a quando il Consiglio non approverà una transazione specifica o stabilirà che la divulgazione è necessaria. Voxtur sottolinea che non ci sono garanzie che questo processo porterà a una transazione o a un risultato specifico.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), una empresa norteamericana de tecnología de préstamos inmobiliarios, ha anunciado que su Junta Directiva ha iniciado un proceso de revisión estratégica. La compañía pretende explorar varias opciones para aumentar el valor para los accionistas, empleados y clientes.
Las alternativas estratégicas bajo consideración incluyen recapitalización, venta de activos de la empresa, fusión o una combinación de estas opciones. Se ha formado un Comité Especial de directores independientes para supervisar el proceso, con BMO Capital Markets actuando como asesor.
La empresa afirma que no revelará avances sobre la revisión estratégica hasta que la Junta apruebe una transacción específica o determine que es necesario divulgar información. Voxtur enfatiza que no hay garantías de que este proceso resulte en alguna transacción o resultado específico.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF)는 북미 부동산 대출 기술 회사로, 이사회가 전략적 검토 프로세스를 시작했다고 발표했습니다. 회사는 주주, 직원 및 고객을 위한 가치를 증대시키기 위해 다양한 옵션을 탐색할 계획입니다.
고려 중인 전략적 대안으로는 재자본화, 회사 자산 판매, 합병 또는 이들 옵션의 조합이 포함됩니다. 독립 이사들로 구성된 특별 위원회가 프로세스를 감독하기 위해 구성되었으며, BMO Capital Markets가 자문 역할을 하고 있습니다.
회사는 이사회가 특정 거래를 승인하거나 공개가 필요하다고 판단할 때까지 전략적 검토 진행 상황을 알리지 않을 것이라고 밝혔습니다. Voxtur는 이 프로세스가 어떤 거래 또는 특정 결과로 이어질 것이라는 보장은 없다고 강조했습니다.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), une entreprise nord-américaine spécialisée dans la technologie d'octroi de prêts immobiliers, a annoncé que son Conseil d'administration a lancé un processus de révision stratégique. L'entreprise vise à explorer diverses options pour améliorer la valeur pour les actionnaires, les employés et les clients.
Les alternatives stratégiques envisagées incluent une recapitalisation, la vente d'actifs de l'entreprise, une fusion ou une combinaison de ces options. Un Comité spécial de directeurs indépendants a été formé pour superviser le processus, avec BMO Capital Markets en tant que conseiller.
L'entreprise déclare qu'elle ne divulguera pas les développements concernant la révision stratégique tant que le Conseil n'aura pas approuvé une transaction spécifique ou jugé nécessaire de divulguer des informations. Voxtur souligne qu'il n'y a aucune garantie que ce processus aboutira à une transaction ou à un résultat spécifique.
Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), ein nordamerikanisches Unternehmen für Technologie im Bereich Immobilienfinanzierung, hat angekündigt, dass der Vorstand einen strategischen Prüfungsprozess eingeleitet hat. Das Unternehmen beabsichtigt, verschiedene Optionen zu prüfen, um den Wert für Aktionäre, Mitarbeiter und Kunden zu steigern.
Zu den in Betracht gezogenen strategischen Alternativen gehören Rekapitalisierung, Verkauf von Unternehmensvermögen, Fusion oder eine Kombination dieser Optionen. Ein spezieller Ausschuss aus unabhängigen Direktoren wurde gebildet, um den Prozess zu überwachen, wobei BMO Capital Markets als Berater fungiert.
Das Unternehmen gibt an, dass es keine Entwicklungen zum strategischen Prüfungsprozess bekannt geben wird, bis der Vorstand eine spezifische Transaktion genehmigt oder die Veröffentlichung für notwendig erachtet. Voxtur betont, dass es keine Garantien gibt, dass dieser Prozess zu einer Transaktion oder einem spezifischen Ergebnis führen wird.
- Board's proactive approach to exploring strategic alternatives for value enhancement
- Engagement of reputable financial advisor BMO Capital Markets
- Formation of independent Special Committee for oversight
- No guarantee of successful transaction outcome
- Uncertainty regarding timeline and potential terms of any transaction
- Strategic review signals possible challenges in current business model
TORONTO and TAMPA, Fla., Jan. 14, 2025 (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, today announces that its Board of Directors has initiated a process to identify, examine and consider strategic and financial options available to the Company with the ultimate view of enhancing value for our shareholders, employees and clients.
Strategic and financial options may include, but are not limited to, recapitalization, a sale of all or a portion of the Company’s assets, merger, or any combination thereof, and continued execution of the Company’s business plan. The Board of Directors has established a Special Committee comprised of independent directors to oversee the process and BMO Capital Markets will assist the Special Committee and the Company with this process.
It is the Company’s current intention not to disclose developments with respect to the strategic review process until the Board of Directors has approved a specific transaction or otherwise determines that disclosure is necessary or appropriate. The Company cautions that there are no assurances or guarantees that the process will result in a transaction or, if a transaction is undertaken, the terms or timing of such a transaction.
About Voxtur
Voxtur is a transformational proptech 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 real estate assets, providing critical due diligence that enables market participants to effectively originate, trade, or service defaults on mortgage loans. 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.
Forward-Looking Information
This news release may contain forward-looking statements and forward-looking information (collectively, “forward-looking information”) within the meaning of applicable Canadian securities legislation. Forward-looking information reflects management’s current expectations regarding future events, the Company’s operations, performance, or financial results, and speaks only as of the date of this news release. Forward-looking information may be identified by words such as “anticipates”, “believes”, “expects”, “intends”, “plans”, “projects”, or similar expressions. While the Company believes that the expectations reflected in forward-looking information are reasonable, such information is subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. For a description of the risks and uncertainties facing the Company and its business, readers should refer to the Company’s management’s discussion and analysis and other continuous disclosure filings available on SEDAR+. Readers are cautioned not to place undue reliance on forward-looking information. The Company does not assume any obligation to update or revise this information to reflect new events or circumstances except as required in accordance with applicable laws.
NEITHER 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.
Voxtur’s common shares are traded on the TSXV under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.
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
FAQ
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