SpotLite360 IOT Solutions, Inc. (CNSX:LITE) acquired Reti Capital Corp. for CAD 1.3 million on August 26, 2022. Consideration for the acquisition of Reti consisted of 13.25 common shares of the SpotLite360 issued at CAD 0.08 per share. Reti will operate as wholly owned subsidiaries of SpotLite360 and are expected to be accretive by the end of 2022.
SpotLite360 IOT Solutions, Inc. (CNSX:LITE) completed the acquisition of Reti Capital Corp. on August 26, 2022.