공고 • 2h
Fintechwerx International Software Services Inc. (CNSX:WERX) completed the acquisition of Technology Assets of Ruby Loans. Fintechwerx International Software Services Inc. (CNSX:WERX) signed a letter of intent to acquire Technology Assets of Ruby Loans for CAD 0.54 million on May 7, 2026. Fintechwerx International Software Services Inc. entered into an Intellectual Property and Technology Asset Purchase Agreement to acquire Technology Assets of Ruby Loans for CAD 0.54 million on July 6, 2026. FintechWerx would acquire the technology for consideration payable in a combination of cash and common shares in the capital of FintechWerx, subject to a maximum purchase price of CAD 550,000 and final terms to be determined through mutual due diligence and the negotiation of definitive documentation. In the Intellectual Property and Technology Asset Purchase Agreement, the consideration for the purchase of the Technology, FintechWerx has agreed to pay an aggregate purchase price of up to CAD 825,000 to the Vendor as follows: (i) pay CAD 100,000 in cash to the Vendor on the closing date of the Agreement (the “Closing Date”), of which FintechWerx has paid a refundable deposit of CAD 30,000 to the Vendor with the remaining CAD 70,000 to be paid on the Closing Date; (ii) issue 728,862 common shares in the capital of the Company (each, a “Share”) with a deemed price of CAD 0.6174 per Share on the Closing Date; and (iii) pay up to an aggregate of CAD 275,000 (the “Milestone Amount”) in tranches upon the successful completion of certain milestones and deliverables by allotting and issuing such number of Shares equal to the applicable Milestone Amount.
In connection with the Agreement, FintechWerx has agreed to commence discussions with Fred Zdan, the founder of Ruby Loans, to appoint Zdan as the Executive Chairman and Chief Executive Officer of FinanceWerx Solutions Inc., a wholly-owned subsidiary of FintechWerx.
The potential transaction remains subject to customary conditions, including the completion of mutual business and legal due diligence, the negotiation and execution of a definitive agreement to the satisfaction of the parties, and the receipt of all required corporate and regulatory approvals, including the approval of the Canadian Securities Exchange. It is anticipated to complete the Transaction in the coming weeks.
Cozen O'Connor LLP acted as legal advisor for Fintechwerx International Software Services Inc. DLA Piper (Canada) LLP acted as legal advisor for 1431575 B.C. Ltd.
Fintechwerx International Software Services Inc. (CNSX:WERX) completed the acquisition of Technology Assets of Ruby Loans on July 17, 2026. Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Jon Lee was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 공고 • May 08
Fintechwerx International Software Services Inc. (CNSX:WERX) signed a letter of intent to acquire Technology Assets of Ruby Loans for CAD 0.55 million. Fintechwerx International Software Services Inc. (CNSX:WERX) signed a letter of intent to acquire Technology Assets of Ruby Loans for CAD 0.55 million on May 7, 2026. FintechWerx would acquire the technology for consideration payable in a combination of cash and common shares in the capital of FintechWerx, subject to a maximum purchase price of CAD 550,000 and final terms to be determined through mutual due diligence and the negotiation of definitive documentation.
The potential transaction remains subject to customary conditions, including the completion of mutual business and legal due diligence, the negotiation and execution of a definitive agreement to the satisfaction of the parties, and the receipt of all required corporate and regulatory approvals, including the approval of the Canadian Securities Exchange 공고 • Jan 16
Fintechwerx International Software Services Inc. announced that it has received CAD 0.25 million in funding On January 16, 2026. Fintechwerx International Software Services Inc. announced that it has closed the transaction. There were no finder’s fees paid in connection with the Offering. Certain insiders participated in the Offering 공고 • Jan 14
Fintechwerx International Software Services Inc. (CNSX:WERX) entered into a non-binding letter of intent to acquire Exclusive High Risk Shield Technology License from 1470500 BC Ltd. Fintechwerx International Software Services Inc. (CNSX:WERX) entered into a non-binding letter of intent to acquire Exclusive High Risk Shield Technology License from 1470500 BC Ltd. on January 9, 2026. The potential transaction remains subject to customary conditions, including the completion of mutual business and legal due diligence, the negotiation and execution of definitive agreements to the satisfaction of the parties, and the receipt of all required corporate and regulatory approvals, including the approval of the Canadian Securities Exchange. 공고 • Dec 03
Fintechwerx International Software Services Inc. announced that it expects to receive CAD 0.25 million in funding Fintechwerx International Software Services Inc. intends to undertake anon-brokered private placement financing of up to 223,214 units at a price of CAD 1.12 per unit for gross proceeds of CAD 249,999.68 on December 2, 2025. Each unit is composed of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one share at a price of CAD 1.39 per warrant share for a period of two years following closing. All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after closing of the offering. The offering may include finder's fee commissions