Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, “Zoomd” or the “Company“), the marketing tech (MarTech) user-acquisition and engagement platform, is providing additional information on its Investor Relations activities.
Further to the Company’s press release issued February 8, 2021, the Company is providing additional information on the Company’s arrangement with A-LABS. Under the agreement between A-LABS and the Company (the “A-LABS Agreement“), the Company has agreed to pay A-LABS a fee of $35,000 plus applicable taxes, per month. A-LABS will not receive any common shares or options as compensation. A-LABS currently owns securities of Zoomd; in the future, A-LABS and its clients may acquire additional securities of the Company.
The Agreement with A-LABS has a term of 4 months unless otherwise agreed by the parties in writing. Either party is being able to terminate the agreement upon a ten days’ notice to the other party.
Check Out The New Martech Cube Podcast. For more such updates follow us on Google News Martech News