Off-market insider buying at Ackroo (AKR)

Off-market insider buying at Ackroo (V:AKR)

Jason Donville, a Director, acquired 4,166,667 Common Shares on an indirect ownership basis for registered holder DKAM Capital Ideas Fund LP at a price of $0.120 through a private transaction on November 13th, 2020. The insider also acquired 4,166,667 Warrants with an exercise price of $0.120 until November 12, 2023. This represents a $500,000 investment into the company's shares and an account share holdings change of greater than 100%.

Ackroo is in the Software Sub Industry Group under the Technology Sector.

Ackroo Inc. (Ackroo) develops and sells an online loyalty and rewards platform that enables businesses to design and execute customer transaction, engagement and retention strategies. The Company's operations are focused on selling its cloud-based gift card and loyalty platform into the retail and hospitality markets across North America with a focus on supporting the small to medium size business segments. Through this focus, Ackroo has developed a solution for all merchants. The Company's Ackroo Anywhere platform provides merchants with approximately three interfaces for their business: real time in-store and online point-of-sale integration to allow merchants to authorize and process transactions; a self-serve program console to help them view critical data for reconciliation, reporting and marketing purposes while also allowing them to manage and modify their program, and a customer interface to allow consumers to register, check, transfer and reload balances.