Off-market insider buying at POSaBIT Systems (PBIT)

Off-market insider buying at POSaBIT Systems (C:PBIT)

Alex Sharp, a 10% Holder, acquired 2,857,929 Common Shares on an indirect ownership basis for registered holder Perga Capital Partners at a price of $0.280 through a prospectus or prospectus exempt offering on December 29th, 2023. The insider also acquired 2,514,977 Warrants with an exercise price of $0.400 for five long years. This represents a $800,220 investment into the company's shares and an account share holdings change of 13.5%.

POSaBIT Systems is in the Financial Technology (Fintech) Sub Industry Group under the Technology Sector.

POSaBIT Systems Corporation is a financial technology company that delivers payment processing and point-of-sale (POS) systems for cash-only businesses. The Company specializes in resolving pain points for complex, high-risk, emerging industries like cannabis with an all-in-one solution. Its POS system is specifically designed to suit the needs of cannabis retailers and eliminate the pain points of running store. It provides a complete payment solution for any and all cannabis retailers and dispensaries. Its online portal gives access to real-time reporting of store performance, customer demographics, and transaction data. POSaBIT PIN Debit is the payment solution for a coffee shop, a grocery store or other retailer. POSaBIT ACH allows customers to log in and store their banking information within its payment portal. POSaBIT POS and POSaBIT POS 2.0 are POS systems. Its wholly owned subsidiary is POSaBIT US, Inc.