Off-market insider buying at Martello Technologies (MTLO)

Off-market insider buying at Martello Technologies (V:MTLO)

Terence Hedley Matthews, a Senior Officer, Director and 10% Holder, acquired 5,263,200 Common Shares on an indirect ownership basis for registered holder Wesley Clover International Corporation at a price of $0.190 through a prospectus or prospectus exempt offering on March 18th, 2021. The insider also acquired 2,631,600 Warrants with an exercise price of $0.300 for 24 months. This represents a $1,000,008 investment into the company's shares and an account share holdings change of 13.1%.

Three other insiders also participated in smaller amounts. 

Martello Technologies is in the Software Sub Industry Group under the Technology Sector.

Martello Technologies Group Inc. is a Canada-based technology company. The Company provides digital experience monitoring (DEM) solutions that monitor the performance of cloud collaboration and productivity tools to give enterprises insight into the user experience. The Company develops products and solutions that provide monitoring and analytics on the performance of real-time applications on networks, while giving information technology (IT) teams and service providers control and visibility of their entire IT infrastructure. The Company's products include unified communications performance analytics software, and IT analytics software.