Stocks in play: Xtract One Technologies

·1 min read

Announced that MSG Sports will invest up to C$13.4 million (US$10 million) in Xtract One, a leading security technology company that prioritizes the patron access experience by leveraging AI. The initial investment of C$8.4 million (US$6.3 million) is effective immediately, with the subsequent investment of C$5 million (US$3.7 million) being conditional on the approval of Xtract One’s shareholders and all applicable regulatory approvals. The Investment is comprised of the sale of up to 31,925,595 units at a price of C$0.42 per Unit. Xtract One Technologies shares T.XTRA are trading -$0.02 at $0.53.