Internet earnings for the nine-month interval ending September thirtieth, 2020 was $13,617,124 and earnings per share of $0.18
Internet earnings for the nine-month interval ending September thirtieth, 2020 was $13,617,124 and earnings per share of $0.18
Accomplished an oversubscribed $6.1 Million personal placement
Important progress by Victory Sq. firms in key sectors: Digital Well being, eSports, Gaming, Crypto, AR/VR, Cybersecurity, Cloud Computing and Plant-based Sciences
Victory Sq. spin-off, FansUnite Leisure Inc., reached $150 Million CAD market cap
Upcoming Catalysts: Victory Sq. to spin-off V2G/GameOn and Immersive Tech for public itemizing; and launch of one-stop-shop digital well being care platform (telemedicine, digital pharmacy, at-home point-of-care diagnostic testing) in 35 U.S. States with over 10,000 Well being Care Professionals
VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) — Victory Sq. Applied sciences Inc. (“Victory Sq.“) (CSE:VST) (OTC:VSQTF) (FWB:6F6), an organization that provides buyers entry to a various portfolio of firms in key sectors together with: Digital Well being, Gaming, Crypto, AR/VR, Cybersecurity, Cloud Computing and Plant-based Sciences, right now offered a company replace on a report yr so far.
Listed here are some current highlights from the Victory Sq. portfolio:
FansUnite (Vertical: Sports activities Betting, eSports, Gaming)
FansUnite (CSE:FANS)(OTCQB: FUNFF) is a worldwide sports activities and leisure firm, specializing in expertise associated to regulated and lawful on-line gaming and different associated merchandise. FansUnite has produced a certainly one of a sort full iGaming platform, with a sports activities and esports focus geared for the subsequent technology of on-line bettors and on line casino gamers. The platform consists of merchandise for pre-match betting, in-play betting, day by day fantasy, content material and a licensed RNG to provide on line casino model likelihood video games. The platform operates a number of B2C manufacturers and B2B software program for the net playing trade. FansUnite additionally appears to accumulate expertise platforms and belongings with excessive progress potential in new or growing markets.
December 2020 Highlights:
Introduced an oversubscribed $11 Million personal placement
Obtained a Gaming License and Gaming Provide License from the nation of Malta, which allows the Firm to supply B2B and B2C gaming providers all through Europe.
Partnered up with GameCo to create the first-ever devoted esports sports activities guide in america with Sky Ute On line casino in Colorado.
Covalent (Vertical: Fintech, Crypto)
Covalent supplies a unified API to deliver full transparency and visibility to belongings throughout all blockchain networks. Covalent is constructed by a wise staff of monetary analysts, information scientists, blockchain and database engineers obsessed with bettering and scaling blockchain applied sciences. Covalent is funded by main enterprise buyers, with over a decade of experience constructing and scaling expertise firms.
CoPilot AI (Vertical: Advertising Automation, Synthetic Intelligence)
CoPilot Advisor makes use of cutting-edge synthetic intelligence expertise to assist gross sales groups mechanically goal certified prospects on social media, provoke one-to-one conversations and floor well timed gross sales alternatives with out requiring any content material advertising, spam emails or promoting.
Ranked #140 on Canadian Enterprise Journal’s 2020 checklist of quickest rising firms in Canada and #15 quickest rising firms in Vancouver
Finalist for the Know-how Impression Awards for Firm of the 12 months
Firm achieved excessive seven-figures in annual recurring revenues together with the announcement of report gross sales revenues for Q3, new enterprise MRR and progress enlargement
V2G/GameOn (Vertical: Cell Gaming, eSports)
GameOn is a gaming firm offering customers, broadcasters, sportsbooks, venues and model companions with interactive, social experiences round sports activities, tv and dwell occasions. GameOn drove engagement and income by means of its suite of proprietary cellular and TV applied sciences, altering the way in which followers compete, watch and win by means of free and frictionless prediction video games.
Accomplished the acquisition of Techstars Alumni, GameOn App Inc
GameOn landed distribution rights into Comcast properties and bars. GameOn’s tv app overlays sports activities video games to allow dwell prediction in venues all through america, driving viewership, engagement and income
GameOn additionally labored with white-label companions together with NBC Common, Bravo and the “Actual Housewives” franchise
Firm plans to publicly checklist for buying and selling in Q1 2021
Immersive Tech (Vertical: VR/AR/MR)
Immersive Tech designs, packages, builds and installs immersive and fascinating experiences for a few of the world’s main firms for quite a lot of functions similar to model engagement, income technology, and company coaching. Via a mix of online game improvement, theme park engineering and the most recent VR/AR/MR applied sciences, the corporate has amassed a portfolio of world manufacturers.
Launching new 5D expertise in 2021 – Visitors are transported to certainly one of over a dozen Covid-19 protected VR/AR customized experiences together with: The Station, Haunted Halloween, Santa’s Village, The Temple of Doom, the Sahara Desert and extra
Firm plans to publicly checklist for buying and selling in Q1/Q2 2021
Received the Startup Canada Excessive-Development Entrepreneurship class
VS Digital Well being Inc. (Vertical: Digital Well being & Diagnostics)
VS Digital Well being is 360-degree well being care providing sensible, related units, at-home diagnostic assessments, personalised digital steerage and monitoring, 24/7/365 entry to well being care professionals, and prescription supply.
Launching one-stop-shop digital well being care platform (telemedicine, digital pharmacy, at-home point-of-care diagnostic testing) in Q1 of 2021
Over 10,000 Well being Care Professionals (Medical doctors, Nurses and Well being Practitioners) in 35 U.S. States
Providing Covid-19 Fast Antibody Assessments with FDA Permission below EUA on the market & distribution in america
Providing Covid-19 Fast Antigen Assessments and Covid-19 Fast Antibody Assessments with the CE Designation on the market & distribution all through the European Union
Victory Sq. Well being Inc. (Vertical: Digital Well being, Diagnostics)
Victory Sq. Well being Inc. was based in 2016 to speed up the event of personalised medication and expertise options together with diagnostic assessments to help affected person’s care and enhance well being outcomes. Its first product, the Leishmaniasis Fast Take a look at, was developed in partnership with the UFMG, Federal College of Minas Gerais. Victory Sq. Well being took benefit of its experience within the topic to develop different antibody-based assessments and a sturdy R&D pipelines of diagnostic kits for Hansen’s Illness, Brucellosis, HTLV and Blood samples screening assessments.
Taloflow.ai (Vertical: Cloud Infrastructure, Cloud Administration)
Taloflow’s prediction engine reveals the price of each cloud course of in real-time, it’s an AI autopilot for cloud useful resource administration that saves firms as much as 40% on Amazon Net Companies (“AWS”). Buyers embody: Victory Sq. Applied sciences; Plug and Play Ventures; Scott Belsky, Enterprise Associate at Benchmark; Ian Wong, Co-founder of Opendoor; David Tedman, co-founder of Hootsuite and Invoke; Ross Wightman, founding engineer of Avigilon; and John Seely Brown, Co-Chairman of Deloitte Edge.
Multapplied Networks (Vertical: SD-WAN)
Multapplied Networks Inc. develops and sells a proprietary Software program-Outlined Large Space Community (“SD-WAN”) platform that Cloud and Managed Service Suppliers white-label and run of their infrastructure to enhance visibility and management over end-customer experiences of their hosted, managed functions and drive buyer acquisition, retention and model.
Form Immersive (Vertical: Augmented Actuality, 3D Ecommerce)
Form Immersive creates the worth layer of spatial computing for the world’s high retailers and ecommerce manufacturers. Our 3D commerce resolution helps our prospects enhance conversion charges, drive extra gross sales and cut back return charges with 3D and augmented actuality expertise. Purchasers embody: Nike, Amazon, Lululemon, Disney, Intel, Crimson bull, TED, Uniqlo.
Aspen Applied sciences (Vertical: Cybersecurity)
Aspen is pioneering a cyber safety providing for the brand new Work-From-Residence (WFH) Covid-19 enterprise world. Aspen delivers entrepreneurs and enterprise professionals a method to make sure most productiveness whereas collaborating by means of the cloud with colleagues, companions and prospects.
Develop Tech Labs (Vertical: Plant-based Science)
GTL is a Plant-Primarily based Science firm targeted on the R&D of hashish and psychoactive compounds from each plant-based compounds and fungi in addition to the event of pores and skin merchandise from plant-based derivatives.
Victory Sq. Leisure (Vertical: Movie, TV, Digital Content material)
VSE was established to strengthen the VST presence in movie, TV and different digital associated content material. VSE has three important areas of focus, script improvement, financing and manufacturing. Since inception, VSE has financed and produced three movies which embody Dragged Throughout the Concrete that includes Mel Gibson and Vince Vaughn, What They Had that includes two time academy award winner Hillary Swank and The Opening Act that includes Jimmy O. Yang, Cedric the Entertainer and Ken Jeong.
CloudAdvisors (Vertical: Insurance coverage Tech)
CloudAdvisors is likely one of the high InsurTech options in North America, powering the next-generation of Worker Profit Advisors. CloudAdvisors join insurance coverage advisors with market information and one of the best instruments in a safe digital platform for an enhanced shopper expertise. Via digital shopper administration, on-demand insights, automated reporting, governance and compliance, CloudAdvisors create an accessible and clever robo-advice assistant for higher insurance coverage recommendation.
Compression.AI (Vertical: Synthetic Intelligence, Machine Studying)
Accelerating companies’ digital experiences, Compression AI makes use of its proprietary neural networks to tailor compression algorithms to every enter leading to compressed information sizes as little as 10% of the originals. This leads to non-terrestrial, agriculture, vitality and manufacturing gaining the flexibility to quickly assess, audit and act on oceans of knowledge to enhance their enterprise competitiveness.
ShopandShout (Vertical: Advertising Automation, Influencer Advertising)
Based in 2016, ShopandShout is the quickest rising Influencer Advertising Platform
in North America. ShopandShout helps you to select which manufacturers to collaborate with; giving Creators with affect of their area of interest the flexibility to develop their viewers by creating and sharing genuine branded content material that will get promoted throughout social media.
ShopandShout companions with thrilling start-ups, native companies, and international manufacturers to deliver their Creator Group quite a lot of marketing campaign alternatives. Over 55,000 inspiring Creators, and reached over 500,000,000 potential prospects for manufacturers so far.
Victory Sq. Applied sciences Inc. has entered into an engagement with Edge Investments Ltd. of Vancouver, B.C., Canada, to offer investor relations and capital markets advisory providers to the corporate. Edge will provoke and strengthen relationships with the monetary neighborhood together with shareholders, buyers, and different stakeholders for the aim of accelerating consciousness of the corporate, its a number of extremely potential mining properties, and its exploration actions.
Edge Investments: https://edge.investments/
A key a part of this mandate will give attention to rising visibility and constructing relationships with analysts, funding sellers, monetary advisers, and different funding professionals. Edge will even spearhead the Firm’s investor relations initiatives, together with its participation in funding conferences, planning and group of investor occasions, and help within the dissemination of firm information and knowledge
The settlement with Edge has an preliminary time period of six months, for which Edge shall be paid a month-to-month payment of $10,000 + relevant taxes.
Go to VictorySquare.com and join the official e-newsletter of Victory Sq. at www.VictorySquare.com/newsletter.
On behalf of the board,
Shafin Diamond Tejani
Chief Govt Officer
For additional details about the Firm, please contact:
Investor Relations Contact – Alex Tzilios
E mail: firstname.lastname@example.org
Media Relations Contact – Howard Clean, Director
E mail: email@example.com
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Sq. (VST) builds, acquires and invests in promising startups, then supplies the senior management and assets wanted to fast-track progress.
VST’s candy spot is the cutting-edge tech that is shaping the 4th Industrial Revolution. Our portfolio consists of 20 international firms utilizing AI, VR/AR and blockchain to disrupt sectors as numerous as fintech, insurance coverage, well being and gaming.
What we do in another way for startups
VST is not simply one other investor. With actual pores and skin within the sport, we’re dedicated to making sure every firm in our portfolio succeeds. Our secret sauce begins with deciding on startups which have actual options, not simply concepts. We pair you with senior expertise in product, engineering, buyer acquisition and extra. Then we allow you to do what you do greatest — construct, innovate and disrupt. In 24-36 months, you will scale and be able to monetize.
What we do in another way for buyers
VST is a publicly-traded firm headquartered in Vancouver, Canada, and listed on the Canadian Securities Trade (VST), Frankfurt Trade (6F6) and the OTCQX (VSQTF).
For buyers, we provide early-stage entry to the subsequent unicorns earlier than they’re unicorns. Our portfolio represents a uniquely liquid and safe method for buyers to get entry to the most recent cutting-edge applied sciences. As a result of we give attention to market-ready options that scale rapidly, we’re capable of present robust and steady returns whereas additionally tapping into rising international developments with massive upsides. For extra data, please go to www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Trade, or CSE, is operated by CNSX Markets Inc. Acknowledged as a inventory trade in 2004, the CSE started operations in 2003 to offer a contemporary and environment friendly various for firms trying to entry the Canadian public capital markets.
The Canadian Securities Trade has neither accredited nor disapproved the contents of this information launch and accepts no accountability for the adequacy or accuracy hereof.
This information launch accommodates “forward-looking data” inside the that means of relevant securities legal guidelines regarding the outlook of the enterprise of Victory Sq., together with, with out limitation, statements regarding future efficiency, execution of enterprise technique, future progress, enterprise prospects and alternatives of Victory Sq. and its associated subsidiaries and different elements past our management. Such forward-looking statements could, with out limitation, be preceded by, adopted by, or embody phrases similar to “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “venture”, “potential”, “attainable”, “ponder”, “search”, “aim”, or comparable expressions, or could make use of such future or conditional verbs as “could”, “may”, “will”, “may”, “ought to” or “would”, or could in any other case be indicated as forward-looking statements by grammatical development, phrasing or context. All statements apart from statements of historic details contained on this information launch are forward-looking statements. Ahead-looking data relies on sure key expectations and assumptions made by the administration of Victory Sq.. Though Victory Sq. believes that the expectations and assumptions on which such ahead wanting data relies are affordable, undue reliance shouldn’t be positioned on them as a result of Victory Sq. can provide no assurance that they’ll show to be right. Precise outcomes and developments could differ materially from these contemplated by these statements. The statements contained on this information launch are made as of the date of this information launch. Victory Sq. disclaims any intent or obligation to replace publicly any forward-looking data, whether or not on account of new data, future occasions or outcomes or in any other case, apart from as required by relevant securities legal guidelines. The Canadian Securities Trade has neither accredited nor disapproved the contents of this information launch and accepts no accountability for the adequacy or accuracy hereof.