Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Canada
  4. CANADIAN NATIONAL STOCK EXCHANGE
  5. Aquarius AI Inc.
  6. News
  7. Summary
    AQUA   CA03842U2083

AQUARIUS AI INC.

(AQUA)
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Aquarius AI Inc. completed the acquisition of 83% stake in Podkast Entertainment Corp. for CAD 3.1 million.

07/15/2021 EDT

Aquarius AI Inc. (TSXV:AQUA) entered into a definitive agreement to acquire a 75% stake in Podkast Entertainment Corp. for CAD 2.8 million on June 28, 2021. As part of consideration, Aquarius AI Inc. will exchange approximately 24.2 million common shares, representing approximately 32% of the Common Shares that will be issued and outstanding as of closing of the Acquisition. In conjunction with the Acquisition, Podkast's Chief Executive Officer, Owen Sagness will be joining the Aquarius as Manager of Talent Acquisition. The closing of the Acquisition is subject to a number of conditions including the satisfactory completion of due diligence and satisfaction of other customary closing conditions. Deepak Gill of Cassels Brock & Blackwell LLP acted as a legal advisor for Aquarius AI Inc. Aquarius AI Inc. (TSXV:AQUA) completed the acquisition of 83% stake in Podkast Entertainment Corp. for CAD 3.1 million on June 28, 2021. As part of consideration, Aquarius AI Inc. will exchange approximately 28.6 million common shares, representing approximately 36% of the Common Shares that will be issued and outstanding as of closing of the Acquisition. Upon completion of the transaction, Podkast became a wholly-owned subsidiary of Aquarius. Aquarius will integrate its technology to support Podkast’s subscription platform technology and NFT creation ability to facilitate the sale of audio, video and music content. As of December 31, 2020, Podkast recorded revenue of CAD 0.42 million, net liability of CAD 0.24 million, revenue of CAD 0.33 million. Smythe LLP provided auditor's report on financials of Podkast.


ę S&P Capital IQ 2021
All news about AQUARIUS AI INC.
08/30Aquarius Ai Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
08/25AQUARIUS AI : Up 4.6% after Reporting Deal to Buy 500 Next Generation Bitcoin Mining Rigs
MT
08/25Aquarius AI Inc. Acquires Right to Purchase 500 Next Generation Bitcoin Mining Rigs
NE
08/11Canadian Securities Exchange Reports July 2021 Performance Figures and Listing Mileston..
NE
07/15Aquarius AI Inc. completed the acquisition of 83% stake in Podkast Entertainment Corp. ..
CI
06/28Aquarius AI Inc. entered into a definitive agreement to acquire a 75% stake in Podkast ..
CI
03/19Aquarius AI Inc. announced that it has received CAD 3.013438 million in funding from Va..
CI
More news
Financials
Sales 2020 - - -
Net income 2020 9,94 M 8,03 M 8,03 M
Net Debt 2020 0,09 M 0,08 M 0,08 M
P/E ratio 2020 0,13x
Yield 2020 -
Capitalization 5,57 M 4,50 M 4,50 M
EV / Sales 2019 1,58x
EV / Sales 2020 -
Nbr of Employees -
Free-Float 99,1%
Chart AQUARIUS AI INC.
Duration : Period :
Aquarius AI Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Chris Bradley Chief Executive Officer & Director
Graham Martin President & Director
Ying Xu Chief Financial Officer & Director
Jesse Dylan Chairman
Eugene Valaitis Director
Sector and Competitors
1st jan.Capi. (M$)
AQUARIUS AI INC.0.00%5
ORACLE CORPORATION51.88%268 585
SAP SE15.41%166 406
SERVICENOW, INC.25.15%136 049
DOCUSIGN, INC.23.59%54 044
CONSTELLATION SOFTWARE INC.35.78%38 462