Press releases

Calgary, Alberta–(Newsfile Corp. – July 18, 2024) – Katipult Technology Corp. (TSXV: FUND) (“Katipult” or the “Corporation“) is pleased to announce that the terms of its convertible debentures originally issued on May 30, 2018, as amended on August 11, 2023 and November 30, 2023, in the total initial principal amount of $3,050,000 (the “Convertible Debentures“), now in the total principal amount of $3,000,000, have been amended by the holders of the Convertible Debentures (the “Holders“) and the Corporation through the entering into of amended and restated convertible debentures (the “Amended Convertible Debentures“).

CALGARY, June 3rd, 2024, Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, is pleased to be announced as the winner of the Tech of the Future - Customer Experience category at the 2024 Banking Tech USA Awards in New York City.

Calgary, Alberta--(Newsfile Corp. - May 29, 2024) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, announced today that it has signed a license agreement with a major investment dealer to drive scalability, business process efficiencies, and enhanced customer experiences across its North American capital markets operations.

)Calgary, Alberta--(Newsfile Corp. - April 29, 2024) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), provider of an industry leading and award-winning cloud-based software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce its financial results for the three-month period ended December 31, 2023.

Accomplished executive, board director, and senior capital markets professional joins Katipult as Strategic Advisor

Katipult Customer Reliance on Award-Winning DealFlow Platform Drives 55% Increase In Deals

Calgary, AB (January 16th, 2024) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, is pleased to announce that it facilitated over $647 in capital raises during 2023 through its DealFlow platform.

Subscription revenue which increased by 44.5% to $721,000 in the third quarter of 2023 from $476,000

Calgary, November 28, 2023 - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), provider of an industry leading and award-winning cloud-based software infrastructure for powering the exchange of capital in equity and debt markets, is pleased to announce its financial results for the three-month period ended September 30, 2023.

The new product module provides efficiency and compliance tools for investment advisors.

Calgary, AB (November 16, 2023) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, is pleased to announce the launch of DealFlow Marketing, a fully automated investor marketing solution designed to distribute investor marketing materials, monitor investor interest, and secure investor commitments within a compliant and auditable workflow.

Customers are embracing Katipult DealFlow technology to manage and facilitate increasing deal volumes effectively.

Calgary, AB (October 24th, 2023) - Katipult Technology Corp. (TSXV: FUND) ("Katipult" or the "Corporation"), a leading Fintech provider of software for powering the exchange of capital in equity and debt markets, facilitated over $165M in capital raises during Q3 2023 through its DealFlow platform.

Despite challenging market conditions, Katipult customers were able to leverage the ability of DealFlow to enable issuers to navigate complex investment regulations across multiple jurisdictions and take advantage of exemptions such as Reg 506 (B) and 506 (C) in the United States and Listed Issuer Financing Exemption (LIFE) in Canada.

Investors made over 5,000 transactions across the platform into a wide range of investment opportunities during the quarter. Several of these transactions utilized our proprietary DealFlow Central portal, which streamlines institutional investments and enables sub-allocations.

Investment firms also took advantage of the versatility of Katipult DealFlow in launching both brokered and non-brokered private placements for listed issuers, international REITs, and preferred stock deals, as well as public offerings. 

Katipult CEO Gord Breese commented, “Our customers are utilizing Katipult Dealflow to facilitate an ever-increasing volume of capital formation activity. We credit the powerful, enterprise-grade tools and capabilities integrated into our platform for our customers' growing reliance on Katipult to facilitate their investment activities.  We expect this trend to continue.”

“By giving investment firms the power to navigate an increasingly complex regulatory environment, we are also realizing our vision of democratizing capital markets and empowering more investors to participate in institutional grade deals,” Breese added. 

About Katipult 
Katipult is a provider of industry-leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets. Our cloud-based solution and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors, and accelerating deal flow. Katipult provides unparalleled adaptability for regulatory compliance, asset structure, business model and localization requirements.

Forward-Looking Statements
Certain disclosures in this release, including statements regarding the use and expected increase in usage of DealFlow and DealFlow Central, constitute forward-looking statements. In making the forward-looking statements in this release, the Corporation has applied certain factors and assumptions that are based on the Corporation's current beliefs as well as assumptions made by and information currently available to the Corporation, including, but not limited to, the Corporation's business objectives and milestones and the anticipated timing of, and costs in connection with, the execution or achievement of such objectives and milestones, including the increased usage and adoption of DealFlow and DealFlow Central. Although the Corporation considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, failure to manage growth and product implementation successfully, lengthier than anticipated sales and implementation cycle, cyber risks, risks related to cloud-based solutions, failure to continue to adapt to technological change and new product development, dependence on key personnel, competition, intellectual property risks, economic conditions, privacy concerns and legislation, regulatory environment, risk associated with a change in the Corporation's pricing model, risk of defects in the Corporation's solution, dependence on market growth, operational service risk, dependence on partners and delay or failure to realize anticipated benefits of key account installations. Readers are cautioned not to place undue reliance on forward-looking statements. The Corporation does not intend to, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.