Dexterra Group Inc. (TSX:DXT) entered into a share purchase agreement to acquire VCI Controls Inc. from Universal PropTech Inc. (TSXV:UPI) for CAD 4 million on December 2, 2022. Completion of the Transaction is subject to customary conditions for a transaction of this nature, which include applicable regulatory and stock exchange approvals and the approval of not less than 66 2/3% of the votes cast by shareholders represented in person or by proxy at the Meeting. The estimated Purchase Price, less indemnity and employment holdback amounts totaling CAD 0.98 million(the "Holdback Amount") shall be paid and satisfied at closing by the Purchaser by wire transfer to the Company. Further details regarding the Transaction and Holdback Amount will be set forth in the Company's information circular for the shareholder meeting to approve the Transaction that will be held on or about January 27, 2023.

Dexterra Group Inc. (TSX:DXT) completed the acquisition of VCI Controls Inc. from Universal PropTech Inc. (TSXV:UPI) on January 31, 2023.