Welcome to our dedicated page for Zoomaway Technologies news (Ticker: ZMWYF), a resource for investors and traders seeking the latest updates and insights on Zoomaway Technologies stock.
ZoomAway Technologies Inc (ZMWYF) combines cutting-edge hospitality technology with strategic investment initiatives, offering investors and industry observers a unique perspective on tech-driven market opportunities. This news hub provides centralized access to official updates spanning the company’s mobile travel innovations, augmented reality developments, and evolving investment strategy.
Discover timely updates including earnings reports, strategic acquisitions, technology launches, and regulatory filings. The curated collection serves as an essential resource for tracking ZoomAway’s transition from a software developer to an investment issuer targeting high-growth private enterprises.
Content spans operational milestones in hospitality tech alongside financial developments, ensuring comprehensive coverage of the company’s dual focus. Users gain insights into 3D travel platforms, capital allocation strategies, and industry partnerships through verified press releases and objective third-party analysis.
Bookmark this page for streamlined access to ZoomAway’s evolving narrative, combining technological innovation with strategic financial positioning. Regular updates ensure stakeholders remain informed about critical developments shaping both the travel tech landscape and investment markets.
ZoomAway Technologies Inc. (TSXV:ZMA)(OTC PINK:ZMWYF) announced changes to its Board of Directors on January 24, 2025. Jeremy Green has resigned from his position as Board member, while Mark Romano has been appointed as the new independent member of the Board of Directors. CEO Sean Schaeffer expressed gratitude for Green's service, highlighting his exemplary experience and professionalism during his tenure. Schaeffer also welcomed Romano to the Zoomaway Technologies team.
ZoomAway Technologies Inc. announces plans to shift from a technology issuer to an investment issuer on the TSX Venture Exchange. The Board and management seek acquisitions to create value, with a proposal to invest in high-growth late-stage private businesses. AIP Asset Management Inc. proposes the change to an investment issuer, pending shareholder and regulatory approvals. The proposed change involves the creation of 'Access Pre-IPOs', a new entity led by AIP principals. A non-brokered private placement offering, with Oak Hill Asset Management Inc. as lead agent, is planned to raise funds for the new business model. The change will include a consolidation of shares and appointment of new directors and management.
ZoomAway Technologies Inc. (OTCQB:ZMWYF) has entered into a binding letter of intent to acquire a privately-held specialty retailer in Ontario as of April 5, 2022. The transaction will lead to a spin-off of its current business, Zoom Tech Inc., focusing on hospitality technology. Trading of ZMWYF shares is halted pending TSXV approval. Completion of the deal is contingent on due diligence, definitive agreements, and necessary approvals. The Company aims to explore further acquisitions to enhance its market position.
ZoomAway Technologies Inc. has appointed Jeremy Green as an independent director, effective immediately, pending TSX Venture Exchange acceptance. Green's extensive experience in North American capital markets and finance will play a crucial role in ZoomAway's strategy for seeking strategic acquisitions. CEO Sean Schaeffer emphasized that Green's expertise in digital banking and customer experience will significantly benefit the company during this transformative period. ZoomAway continues to innovate in the travel technology space, aiming to enhance user experiences.
ZoomAway Technologies Inc. held its annual general and special meeting on December 20, 2021, where shareholders approved key measures. Notably, 99.85% voted to fix the board size at five directors and elect Jay Bala, Alex Kanayev, Sean Schaeffer, Steven Rosenthal, and Mason Shan. MNP LLP was appointed as the auditor with a 99.97% approval. The continuation of the share option plan also received 99.85% support. Approximately 58.95% of shares voted, totaling 9,757,723 shares. Further details are accessible through the Corporation's management information circular.
ZoomAway Technologies Inc. (TSXV:ZMA)(OTCQB:ZMWYF) is enhancing its corporate strategy with a focus on the recovering hospitality sector and strategic acquisitions. CEO Sean Schaeffer expresses optimism about upcoming opportunities as the company prepares for 2022. Despite lingering pandemic effects, hotel demand is nearing pre-pandemic levels. All large group outings are prepaid for next year, indicating a strong recovery. The company is also developing the ZoomedOUT platform and has initiated a new subsidiary, Zoom Tech Inc., to support its acquisition strategy.
ZoomAway Technologies Inc. (TSXV:ZMA, OTCQB:ZMWYF) has announced a change in auditors from Davidson & Company LLP to MNP LLP. The resignation of the former auditor was effective from August 30, 2021, and the new auditor will serve until the next annual general meeting. Notably, there were no reservations in the former auditor's reports for the past two financial years. A Change of Auditor Notice has been filed on SEDAR, and both auditors have confirmed agreement with the statements in the notice.
ZoomAway Technologies Inc. (TSXV:ZMA)(OTCQB:ZMWYF) has received approval from the TSX Venture Exchange to initiate a normal course issuer bid (NCIB) starting June 8, 2021. The company plans to repurchase up to 852,001 common shares, approximately 5% of its total shares, until June 7, 2022, or until the maximum is acquired. The buyback aims to enhance shareholder value, given the belief that market prices do not reflect the company's underlying value. Additionally, ZoomAway has engaged DeCosta Global Media for digital marketing, incurring a monthly fee of $5,000.
