Zoompass Holdings, Inc. (OTCPK:ZPAS) entered into an agreement to acquire a Transportation Enablement Platform for CAD 1 million on May 30, 2017. Under the terms of the agreement, Zoompass will issue its common stock equivalent to CAD 0.4 million. Additionally, Zoompass will issue its common stock equivalent to CAD 0.3 million payable on the first anniversary of the closing, subject to the satisfaction of certain milestones, and common stocks equivalent to CAD 0.3 million payable on the second anniversary of the closing, subject to the satisfaction of certain milestones. The deal is subject to certain closing conditions and is expected to close in June 2017. As of August 21, 2017, transaction is expected to close in the third quarter of 2017. As of November 20, 2017, transaction is expected to close in the fourth quarter of 2017. Zoompass Holdings, Inc. (OTCPK:ZPAS) cancelled the acquisition of a Transportation Enablement Platform on May 30, 2018.