Company Description
Metro One Telecommunications Inc. (WOWI) has recently undergone a reverse stock split to consolidate its shares and reduce the number of authorized shares. The company operates Shelfy, a mobile commerce platform with a digital advertising media suite tool. Metro One is also in the process of a proposed reverse merger with Inception XR Inc., a leading virtual reality tech company specializing in immersive media for education and healthcare industries.
Stock Performance
$0.0012
0.00%
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Last updated: April 27, 2025 at 13:38
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Performance 1 year
$5.0
Market Cap
5.4M
Shares outstanding
Latest News
SEC Filings
No SEC filings available for Metro One Teleco.
Financial Highlights
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Upcoming Events
Frequently Asked Questions
What is the current stock price of Metro One Teleco (WOWI)?
The current stock price of Metro One Teleco (WOWI) is $0.0012 as of April 24, 2025.
What is the market cap of Metro One Teleco (WOWI)?
The market cap of Metro One Teleco (WOWI) is approximately 5.0.
What recent changes have occurred at Metro One Telecommunications Inc. (WOWI)?
Recently, the company underwent a reverse stock split and proposed a reverse merger with Inception XR Inc.
What is Shelfy, and what does it offer?
Shelfy is a mobile commerce platform with a digital advertising media suite tool that enhances the shopping experience for online retailers without coding.
Who is Inception XR Inc., and why is Metro One considering a reverse merger?
Inception XR Inc. is a leading virtual reality tech company focusing on immersive media for education and healthcare industries. The merger aims to leverage Inception XR's cutting-edge technologies.
What industries does Inception XR cater to with its immersive learning solutions?
Inception XR specializes in providing innovative learning outcomes through virtual reality, augmented reality, and 3D web technologies for industries like telecommunications, education, healthcare, and publishing.
What is the revenue outlook for Inception XR in 2023?
Inception XR is expected to generate approximately $4.8 million in revenue in 2023 with a positive EBITDA.
Who are the key stakeholders involved in the proposed merger between Metro One and Inception XR?
Prominent stakeholders include Gigi Levy-Weiss, Benny Arbel, and German Conglomerate RTL Group.
What is the valuation of Metro One post-merger with Inception XR?
The combined valuation of Metro One after reorganization and new capital raises is estimated to be around $65 million.
What is the ownership structure post-merger between Metro One and Inception XR?
The ownership is expected to be split with 25% to current Metro One stockholders and 75% to current and new Inception XR stockholders.
Who will be leading the combined entity after the merger?
Benny Arbel, the current CEO of Inception XR, is expected to become the CEO of Metro One post-merger.
What are the goals of the proposed merger between Metro One and Inception XR?
The merger aims to position Metro One to benefit from Inception XR's innovative technologies and global market presence, particularly in the virtual reality education sector.