Universal PropTech Inc. Announces Management and Board Change
Toronto, Ontario--(Newsfile Corp. - August 15, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that Brian Illion has been appointed to the board of directors to fill the vacancy left by the resignation of Brian Presement. In addition, Amy Stephenson has been appointed Chief Financial Officer of the Company to fill the vacancy left by the resignation by Keith Li. Mr. Illion is a civil litigation, employment law and commercial lawyer called to the bar in...
2023-08-15 8:00 AM EDT
Universal PropTech Announces Management and Board Changes
Toronto, Ontario--(Newsfile Corp. - July 14, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") today announced that Chris Hazelton, President, Chief Executive Officer and director of UPI has resigned from the Company and the Board of Directors, after leading the Company for more than nine years, most recently as President and Chief Executive Officer for the last three years. Jeffrey Berman will succeed Mr. Hazelton as President and Chief Executive Officer and as a director....
2023-07-14 8:00 AM EDT
Universal PropTech Announces Results of Voting at AGM
Toronto, Ontario--(Newsfile Corp. - May 31, 2023) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated April 17, 2023. Chris Hazelton, Al Quong and Brian Presement were elected directors of the Company. MNP LLP was...
2023-05-31 2:55 PM EDT
Universal PropTech Inc. Announces Acquisition Strategy
Toronto, Ontario--(Newsfile Corp. - March 6, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") is pleased to announce its corporate strategy following the successful closing of the sale of the Company's wholly-owned subsidiary, VCI Controls Inc. on February 1, 2023. The consideration for the sale of VCI was an aggregate of $4.8 million, subject to normal closing adjustments, and holdback. On closing an aggregate of $3,820,000 was paid in cash, with a holdback of $980,000...
2023-03-06 2:00 PM EST
Universal PropTech Inc. Announces Change in Directors
Toronto, Ontario--(Newsfile Corp. - February 3, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that Brian Presement has been appointed to the board of directors to fill the vacancy left by the resignation of Daniel Cohen. Mr. Presement is currently the President and CEO of Unite Communications. From its start-up over 21 years ago, he has overseen its growth from a regional company offering limited services, to a national full service telecom company,...
2023-02-03 4:15 PM EST
Universal PropTech Inc. Announces the Completion of the Sale of VCI Controls Inc.
Toronto, Ontario--(Newsfile Corp. - February 1, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that it has completed the previously announced transaction (the "Transaction") pursuant to which it has sold all of the issued and outstanding shares of the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI") to Dexterra Group Inc. (TSX: DXT) (the "Purchaser"). The terms of the Transaction are set out in the share purchase agreement dated December 2, 2022...
2023-02-01 8:15 AM EST
Universal PropTech Announces Results of Voting at Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - January 27, 2023) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated December 19, 2022. Both the Transaction Resolution and the NEX Resolution, as more fully described in the Information Circular, were passed at the...
2023-01-27 11:51 AM EST
CORRECTION BY ISSUER: Universal PropTech Inc. Announces Agreement to Sell VCI Controls Inc
Toronto, Ontario--(Newsfile Corp. - December 5, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that is has entered into a share purchase agreement dated December 2, 2022 (the "Agreement") with Dexterra Group Inc. (TSX: DXT) (the "Purchaser") that provides for the sale (the "Transaction") of all of the issued and outstanding shares of the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI").
2022-12-05 10:11 AM EST
Universal PropTech Inc. Announces Agreement to Sell VCI Controls Inc
Toronto, Ontario--(Newsfile Corp. - December 5, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that is has entered into a share purchase agreement (the "Agreement") with Dexterra Group Inc. (TSX: DXT) (the "Purchaser") that provides for the sale (the "Transaction") of all of the issued and outstanding shares of the Company's wholly-owned subsidiary, VCI Controls Inc. ("VCI"). In consideration, the Purchaser will pay the Company an aggregate cash purchase price...
2022-12-05 8:45 AM EST
Universal PropTech Inc. Announces Grant of Option
Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that it has granted an aggregate of 1,000,000 options to officers, directors and employees of the Company pursuant to the Company's amended and restated stock option plan. The stock options vest immediately, and may be exercised at a price of $0.10 for a period of three years from the date of grant. The grant of options is subject to the approval of the TSX...
2022-08-22 4:15 PM EDT
Universal PropTech Inc. Announces Departure of Officer
Toronto, Ontario--(Newsfile Corp. - April 28, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces that Frank Carnevale will step down as the Company's Chief Growth Officer to pursue a new opportunity on May 10, 2022. Chris Hazelton, CEO of UPI commented: "On behalf of the Board of the Directors and the Management team, I would like to express our gratitude for the leadership, strategic influence and guidance Frank has provided to the Company over the last few years....
2022-04-28 4:15 PM EDT
Universal PropTech Update
Toronto, Ontario--(Newsfile Corp. - April 26, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") announces today that ISBRG Corp. ("ISBRG"), a Toronto-based privately held, data analytics company specializing in health-related applications, in which the Company holds a small equity interest and select exclusive agency rights, has provided a corporate update. ISBRG's SpotLight-19© is designed to detect the presence of infection caused by SARS-CoV-2 virus. SpotLight-19© uses...
2022-04-26 9:00 AM EDT
Universal PropTech Announces Results of Voting at AGM
Toronto, Ontario--(Newsfile Corp. - March 17, 2022) - Universal PropTech Inc. (TSXV: UPI) ("UPI" or the "Company") is pleased to announce the results of matters voted on at its Annual General & Special Meeting of Shareholders held earlier today. Details of the matters put forth are set out in the notice of meeting and management information circular dated February 1, 2022. Chris Hazelton, Al Quong and Dan Cohen were elected directors of the Company. MNP LLP was re-appointed auditors of the...
2022-03-17 1:51 PM EDT
Universal PropTech Identifies Unhealthy Levels of Indoor Air Quality in Buildings and Highlights Progress with ISBRG Corp Investment
Toronto, Ontario--(Newsfile Corp. - November 10, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce the Company's advancements with Indoor Air Quality monitoring, and an update regarding ISBRG Corp. ("ISBRG"), an investee company in which UPI holds a small minority interest and certain Canadian distribution rights. Indoor Air Quality Monitoring On July 6th, 2021, the Company announced an agreement to integrate Indoor Air...
2021-11-10 8:34 AM EST
Universal PropTech Provides Updates on Executing Approximately $3 Million of Sales Backlog and $15 Million in Distribution Proposals
Toronto, Ontario--(Newsfile Corp. - November 4, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE:8LH) ("UPI" or the "Company") is pleased to provide updates on the execution of approximately CAD $3 million of the Company's sales backlog over 3 months, producing approximately CAD $15 Million in distribution proposals by the Company's distributors, and on indoor air quality equipment sales commission. The CEO of UPI Chris Hazelton comments: "We had a very busy summer, and we are...
2021-11-04 8:00 AM EDT
Universal PropTech Announces Awards of Approximately $1 Million in BAS Projects and Services
Toronto, Ontario--(Newsfile Corp. - October 14, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") through it's wholly owned operating company, VCI Controls Inc., is pleased to announce contract awards of approximately $1 million in service contracts and project work in Building Automation Systems ("BAS"), in the month of September. "We are very pleased that our BAS group has extended and renewed many of its service mandates with customers such as...
2021-10-14 9:00 AM EDT
Universal PropTech Inc. Secures DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - August 4, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that it has secured the eligibility for clearing and settlement of its common shares through the Depository Trust Company ("DTC"). DTC is a subsidiary of the Depository Trust & Clearing Corp. ("DTCC") that manages the electronic clearing and settlement of publicly traded companies in the United States. Chris Hazelton, CEO of UPI...
2021-08-04 9:00 AM EDT
Universal PropTech to Webcast Live at VirtualInvestorConferences.com August 5th
Toronto, Ontario--(Newsfile Corp. - August 3, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company's Chief Growth Officer, Frank Carnevale, will present live at VirtualInvestorConferences.com on August 5th. Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com DATE: August 5th, 2021 TIME: 11:00 AM...
2021-08-03 9:00 AM EDT
Universal PropTech Announces Option Grant
Toronto, Ontario--(Newsfile Corp. - July 30, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") announces it has granted an aggregate of 600,000 stock options ("Options") to certain directors and employees pursuant to the Company's stock option plan. The Options vest immediately and are exercisable into common shares of the Company ("Shares") at an exercise price of $0.30 per Share for a period of three years from the date of grant. The grant of...
2021-07-30 4:30 PM EDT
Universal PropTech Announces Partnership Agreement with Termobuild for Carbon Neutral Building Solutions
Toronto, Ontario--(Newsfile Corp. - July 27, 2021) - Universal PropTech Inc. (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) ("UPI" or the "Company") is pleased to announce that the Company has signed a Partnership Agreement ("Agreement") with Laken & Associates Inc. o/a Termobuild ("Termobuild") to incorporate the use of Termobuild value engineering and hollow core concrete technology to develop carbon neutral building solutions for real estate developers and builders in Canada. "As Universal PropTech...
2021-07-27 9:00 AM EDT