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Zoomd Director Ofer Eitan Initiates Automatic Share Disposition Plan
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Zoomd Director Ofer Eitan Initiates Automatic Share Disposition Plan

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Zoomd Technologies ( (TSE:ZOMD) ) just unveiled an update.

Zoomd Technologies announced that Ofer Eitan, a director and former CEO, has initiated an Automatic Securities Disposition Plan (ASDP) in compliance with Canadian securities legislation and the company’s insider trading policy. This plan allows for the orderly sale of up to two million shares by the end of 2025 without Eitan’s direct involvement or influence, potentially impacting the company’s stock market dynamics and signaling a significant move in the company’s governance and shareholder strategies.

More about Zoomd Technologies

Zoomd Technologies Ltd., established in 2012 and publicly listed since 2019, operates within the marketing tech industry. The company provides a mobile app user-acquisition platform that streamlines campaign management by integrating multiple global digital media sources into a unified platform, enhancing data insights and reducing resource expenditure, which allows advertisers to optimize their customer acquisition strategies.

YTD Price Performance: -5.36%

Average Trading Volume: 116,228

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $53.34M

For detailed information about ZOMD stock, go to TipRanks’ Stock Analysis page.

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