Off-market insider buying at E Automotive (EINC)

Off-market insider buying at E Automotive (T:EINC)

Intercap Equity Inc., a 10% Holder, acquired 4,814,100 Common Shares on a direct ownership basis at a price of $4.230 through a prospectus or prospectus exempt offering on November 18th, 2022. This represents a $20,363,643 investment into the company's shares and an account share holdings change of 14.5%.

E Automotive is in the Online Services Sub Industry Group under the Technology Sector.

E Automotive Inc. is a Canada-based company, which is engaged in the business of providing a digital wholesale auction marketplace (the Marketplace), and developing, marketing and distributing digital retailing software supporting the automotive industry. The Company has a digital platform (the Platform), which provides automotive dealerships with access to an online wholesale auction marketplace where the Company purchases or sells vehicles to other dealers, as well as access software solutions to support dealers' digital retailing and inventory management. Access to its Platform is complemented by ancillary service offerings to assist dealers with supplementary auction-related needs, along with driving consumer traffic to their digital properties and optimizing other business processes. The Company's digital wholesale marketplace goes to market under the brand EBlock, and its digital suite of retail products goes to market under the brand EDealer.