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Ackroo Updates Voting Process for Upcoming Shareholder Meeting

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Ackroo Updates Voting Process for Upcoming Shareholder Meeting

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

Ackroo Inc. has updated the voting process for its upcoming annual general and special meeting, set for February 24, 2025, to adhere to Multilateral Instrument 61-101, which protects minority security holders in special transactions. The company has decided to exclude certain shareholder votes, specifically those of directors and their joint actors, from the minority approval requirement to ensure fair treatment among security holders. Additionally, Ackroo has waived the proxy cut-off time, allowing proxies to be accepted until the start of the meeting.

More about Ackroo Inc

Ackroo is a consolidator in the industry, specializing in acquiring, integrating, and managing gift card, loyalty marketing, payment, and point-of-sale solutions for merchants of all sizes. Their self-serve, data-driven, cloud-based marketing platform aids merchants in processing and managing loyalty and promotional transactions both in-store and online. Ackroo also resells payment processing solutions and provides custom software products for niche industries, focusing on simplifying and improving the merchant marketing and payment ecosystem. The company is headquartered in Hamilton, Ontario, Canada.

YTD Price Performance: 3.50%

Average Trading Volume: 109,397

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$17.02M

For an in-depth examination of AKR stock, go to TipRanks’ Stock Analysis page.

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