Press releases

Calgary, AB (October 4th, 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 it has secured an additional $160,000 in conditional funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support its research and development efforts for DealFlow Mesh, a fully integrated private capital network. 

Building upon the NRC IRAP funding of up to $350,000 in 2022, this additional financial support for the period of September 2023 to March 2024 underscores Katipult's commitment to revolutionizing capital markets through cutting-edge technology solutions. 

DealFlow Mesh is poised to redefine the private capital landscape by empowering investment dealers and wealth management firms to seamlessly coordinate in real-time and syndicate deals. Creating a network of investment firms will enhance the efficiency of Canada's capital markets, stimulate capital flow, and increase the accessibility of alternative investment deal opportunities. 

"We are delighted to receive continued support from NRC as we work towards digitizing and connecting the investment capital landscape. As investors increasingly expect frictionless experiences, and investment dealers strive for efficiency, DealFlow Mesh will usher in a new era of connectivity and increased deal participation” stated Gord Breese, CEO of Katipult. 

“With a solid foundation of investment dealers leveraging our platform, we are well-positioned to extend our impact beyond individual companies and enhance the entire ecosystem at scale. This additional grant reaffirms our commitment to breaking down silos and advancing the industry" continued Breese.

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.

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this release, including statements regarding the creation of a private capital network, market adoption of a private capital network, and benefits to the capital markets constitute forward-looking statements. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company will be able to successfully create a private capital network, establish a market demand for the product, and increase revenue. Although the Company 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, the Company will not be able to create a private capital network, establish a market demand, or successfully grow revenues. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, 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.

Calgary AB, September 11th - 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 release of its latest groundbreaking product – Dealflow Central. This innovative solution heralds a new era in the institutional investor landscape, streamlining workflows with cutting-edge automation and redefines the institutional investor experience for efficiency, transparency, and connectivity.

Dealflow Central introduces modern, frictionless interactions between institutional investors and the investment dealer community by providing a secure cloud-based platform to connect deal participants in real-time and facilitate their investment participation from anywhere, anytime. From seamless distribution of offering documents to instant communication of allocations and sub-allocations to investors, Dealflow Central optimizes every facet of the institutional investment journey.

"DealFlow Central represents a significant shift for the industry towards modernizing industry practices, reducing reliance on manual processes, and empowering institutions to allocate their capital more efficiently,” said Katipult CEO Gord Breese.

“We are committed to pioneering innovation within the capital markets, and DealFlow Central is another milestone towards our longer-term product vision of establishing a fully connected industry network. We will continue to expand its capabilities to meet the needs of our customers,” added Breese. 

With the launch of Dealflow Central, Katipult takes a substantial stride towards transforming investor engagement and propelling the industry towards a more connected and streamlined future. This pivotal product release also positions Katipult closer to the realization of its DealFlow Mesh vision, which aims to establish comprehensive industry connectivity for open and efficient capital deal flow across all market participants.

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 launch of DealFlow Central and the expected launch of DealFlow Mesh network and its capabilities, 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 timing of the launch of DealFlow Central and DealFlow Mesh network and the anticipated capabilities of DealFlow Mesh network. 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.

Calgary, AB August 24, 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 June 30, 2023.

CALGARY, AB, 14th June 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, announced it has entered into a three year, multi-million dollar software agreement with a new North American customer. The win represents the largest contract value in Katipult’s history and signals its emergence as a market leading SaaS provider for the capital markets.  

“This new customer win validates Katipult’s deep product capabilities and our strategic vision to remake and re-imagine how capital markets operate.  We were selected in a highly contested, competitive evaluation across a range of capabilities including broad industry functionality, security, scalability and user experience.  The win also serves to accelerate our path to profitability and positive cash flows.” said Gord Breese, Katipult President and CEO. 

Katipult was selected for its unrivaled capability to provide a seamless, end-to-end solution for all stages of the new issue investment process, including:

• New investor account registration
• Deal creation and management
• Investor marketing and order allotment
• Transaction execution and record keeping
• Compliance review and approval management
• Analytics and security auditing

The new customer will be deploying Katipult’s DealFlow new issue platform to power its strategy of creating unprecedented efficiencies and automation within new and growing segments of the capital markets.  With a proven track record in both capital markets and crowdfunding technology, Katipult is an ideal partner for this new initiative.

“We are excited by this deal – this is a milestone moment for Katipult.  We have made significant investment to increase the automation in equity markets dealflow, and we believe this transaction will contribute to a bellwether that will lead to a major transformation in equity capital markets.  The commercial terms of this transaction will contribute to short-term growth for Katipult, but we keep an eye to the long term, and the Team at Katipult are focussed on building enduring competitive advantages”, added Brian Craig, Katipult Chairman.

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 platform 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. 

Cautionary Note Regarding Forward Looking Statements 
Certain disclosure in this release, including statements regarding Katipult's market position as a leading SaaS provider for the capital markets, deployment of Katipult's DealFlow new issue platform with the customer, and growth of Katipult’s recurring revenue, 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 product will continue to operate as expected, the ability of the Corporation to deploy the platform with its customer, the industry will continue to see value in the Corporation's product and the Corporation will be able to recruit talented and experienced sales, support and other individuals required to execute the Corporation's plans. 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 deploy the platform with the Corporation’s new customer, failure to manage growth 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, especially in these uncertain times, 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. 

SOURCE Katipult Technology Corp.

CALGARY, June 7th, 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 be announced as the winner of the Workflow Tech of the Future category at the Banking Tech USA Awards in New York City.

Calgary, May 23, 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 March 31, 2023.

Calgary, May 1, 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- and twelve- month period ended December 31, 2022.

CALGARY, AB, 7 February, 2023 /CNW/ - 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 it has entered into an expanded software license agreement with Raymond James.

CALGARY, AB, December 7th /CNW/ - 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 a strategic initiative with Cormark Securities, Red Cloud Securities, and Sprott Capital Partners to enable the automation of financing syndication across multiple investment dealers to streamline the entire new issuer investment lifecycle.