This lau ch comes o the heels of two ece tly completed steps by Shelfie:
1. The acquisitio of Aspect Ltd., a busi ess i tellige ce a d data a alytics busi ess p ovidi g data-d ive solutio s fo the etail secto based o its p op ieta y AI a d machi e lea i g tech ology. Aspect has developed capabilities i gathe i g a d a alyzi g etail data a d ge e ati g actio able i sights.
This acquisitio is a atu al fit a d will i teg ate fully i to the existi g Shelfie busi ess. Ma ageme t believes that combi i g Aspect’s k ow-how with Shelfie’s p oducts will accele ate busi ess g owth by p ovidi g the Compa y with additio al data sou ces a d capabilities that delive a mo e complete solutio to Shelfie custome s.
2. Completed a offe i g of commo sha es fo g oss p oceeds of CAD $1.7 millio at a p ice of CAD $1.78 pe sha e. The sha es issued a e subject to a fou -mo th-a d-o e-day hold pe iod.
- The combi ed Compa y p ese tly ge e ates USD $1.23 millio i eve ue with USD $150,000 i et p ofit.
- The Compa y cu e tly has ove 30 ecu i g custome s, p ovidi g what ma ageme t believes to be a st o g base f om which to g ow the Compa y’s busi ess agg essively.
Ou competitive positio
Shelfie is a data compa y: its platfo m tu s f agme ted etail i fo matio i to usable busi ess i tellige ce. Shelfie b i gs togethe a etaile ‘s ow data, p io ities a d busi ess ules with etail domai expe tise a d eusable decisio wo kflows. Existi g i teg atio s, a deployed platfo m a d expe ie ce with eal ope ati g questio s give Shelfie a sta ti g poi t that takes time to assemble. As Shelfie develops a d se ves mo e custome s, it aims to tu that expe ie ce i to accumulated etail i tellige ce a d mo e epeatable wo kflows. Togethe , these eleme ts ca imp ove the eleva ce of ecomme datio s a d should st e gthe Shelfie’s competitive positio .
We believe this focus is pa ticula ly eleva t to mid-sized, multi-b a ch chai s that eed busi ess-wide i tellige ce but may ot have the esou ces o appetite fo a la ge custom AI p og am. A modula app oach lets them sta t with a defi ed use case i thei existi g e vi o me t a d expa d afte demo st ati g value. The st e gth of ou positio will depe d o ea i g custome t ust a d deepe i g adoptio as we g ow.
About Shelfietech Ltd.
Shelfie is a AI-d ive etail i tellige ce compa y t a sfo mi g data i to actio able i sights a d measu able busi ess esults. By combi i g adva ced BI, p edictive a alytics, a d AI-powe ed executio , Shelfie empowe s etaile s to optimize ope atio s, imp ove decisio -maki g, a d d ive p ofitability.
Fo mo e i fo matio please visit ou website: https://shelfietech.com/
The secu ities issued pu sua t to the Acquisitio have ot, o will they be egiste ed u de the U ited States Secu ities Act of 1933, as ame ded, a d may ot be offe ed o sold withi the U ited States o to, o fo the accou t o be efit of, U.S. pe so s i the abse ce of U.S. egist atio o a applicable exemptio f om the U.S. egist atio equi eme ts. This ews elease shall ot co stitute a offe to sell o the solicitatio of a offe to buy o shall the e be a y sale of the secu ities i the U ited States o i a y othe ju isdictio i which such offe , solicitatio o sale would be u lawful.
Disclaime s
The Ca adia Secu ities Excha ge has i o way passed upo the me its of the Compa y a d has eithe app oved o disapp oved the co te ts of this p ess elease. Neithe the Ca adia Secu ities Excha ge o the Ma ket Regulato (as that te m is defi ed i the policies of the Ca adia Secu ities Excha ge) accepts espo sibility fo the adequacy o accu acy of this elease. This p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the secu ities laws. Wo ds such as “expects,” “a ticipates,” “i te ds,” “pla s,” “believes,” “seeks,” “estimates” a d simila exp essio s o va iatio s of such wo ds a e i te ded to ide tify fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e ot histo ical facts, a d a e based upo ma ageme t’s cu e t expectatio s, beliefs a d p ojectio s, ma y of which, by thei atu e, a e i he e tly u ce tai . Such expectatio s, beliefs a d p ojectio s a e exp essed i good faith. Howeve , the e ca be o assu a ce that ma ageme t’s expectatio s, beliefs a d p ojectio s will be achieved, a d actual esults may diffe mate ially f om what is exp essed i o i dicated by the fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e subject to isks a d u ce tai ties that could cause actual pe fo ma ce o esults to diffe mate ially f om those exp essed i the fo wa d-looki g stateme ts. Fo a mo e detailed desc iptio of the isks a d u ce tai ties affecti g the Compa y, efe e ce is made to the Compa y’s epo ts filed f om time to time at seda plus.ca. Fo wa d-looki g stateme ts speak o ly as of the date the stateme ts a e made. The Compa y assumes o obligatio to update fo wa d-looki g stateme ts to eflect o actual esults, subseque t eve ts o ci cumsta ces, cha ges i assumptio s o cha ges i othe facto s affecti g fo wa d-looki g i fo matio except to the exte t equi ed by applicable secu ities laws. If the Compa y does update o e o mo e fo wa d-looki g stateme ts, o i fe e ce should be d aw that the Compa y will make additio al updates with espect the eto o with espect to othe fo wa d-looki g stateme ts. Refe e ces a d li ks to websites have bee p ovided as a co ve ie ce, a d the i fo matio co tai ed o such websites is ot i co po ated by efe e ce i to this p ess elease. The Compa y is ot espo sible fo the co te ts of thi d-pa ty websites.
Co tacts
Joh GildeaVP Co po ate Commu icatio +353868238177Joh @shelfietech.com
View the o igi al p ess elease o ACCESS Newswi e
