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Ackroo Inc. Announces Shareholder Meeting for Sale to Paystone

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Ackroo Inc. Announces Shareholder Meeting for Sale to Paystone

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Ackroo Inc ( (TSE:AKR) ) just unveiled an update.

Ackroo Inc. has announced its upcoming annual general and special meeting on February 24, 2025, where shareholders will vote on the sale of Ackroo to Paystone Inc. Paystone has secured financing for the acquisition, and Ackroo’s board recommends that shareholders vote in favor of the arrangement. The meeting will also address other company matters, including the appointment of an auditor, the election of directors, and approval of the compensation plan. Additionally, the Ontario Superior Court has granted an interim order for the meeting, and the completion of the arrangement is contingent on shareholder and regulatory approvals.

More about Ackroo Inc

Ackroo Inc. is a consolidator in the gift card, loyalty marketing, payments, and point-of-sale technology industry. The company provides a self-serve, data-driven, cloud-based marketing platform for merchants of all sizes.

YTD Price Performance: 1.40%

Average Trading Volume: 90,206

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$16.68M

Learn more about AKR stock on TipRanks’ Stock Analysis page.

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