Spiridon

Flow Capital Announces the Buyout of Its Investment in Spiridon Technologies Ltd

Retrieved on: 
Thursday, April 8, 2021

TORONTO, April 08, 2021 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (Flow Capital or the Company) announces that Spiridon Technologies Ltd. (Spiridon) has agreed to a buyout of Flow Capitals royalty investment for US$425,000 in cash proceeds.

Key Points: 
  • TORONTO, April 08, 2021 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV: FW) (Flow Capital or the Company) announces that Spiridon Technologies Ltd. (Spiridon) has agreed to a buyout of Flow Capitals royalty investment for US$425,000 in cash proceeds.
  • The team at Spiridon is bringing together a number of relevant technologies and is building a strong business.
  • Flow Capital is glad to have been a part of their growth, and we wish them well in their next phase, said Alex Baluta, CEO Flow Capital.
  • Flow Capital Corp. is a diversified alternative asset investor, specializing in providing minimally dilutive capital to high-growth businesses.

Spiridon Technologies Acquires Tantiv4 and Announces Financing to Fuel Growth

Retrieved on: 
Friday, May 24, 2019

TORONTO, May 24, 2019 /PRNewswire-PRWeb/ -- Spiridon Technologies Ltd. ("Spiridon") is pleased to announce that it has acquired Tantiv4 Inc. ("Tantiv4"), in a cash and share transaction.

Key Points: 
  • TORONTO, May 24, 2019 /PRNewswire-PRWeb/ -- Spiridon Technologies Ltd. ("Spiridon") is pleased to announce that it has acquired Tantiv4 Inc. ("Tantiv4"), in a cash and share transaction.
  • Tantiv4 helps build bespoke software solutions, including voice enablement, for Consumer Electronics Brands and Industrial Smart Device OEMs.
  • Tantiv4 is providing its voice-enabled IoT solution to enable voice commands on televisions and peripheral equipment manufactured by its OEM partner.
  • It is anticipated that Spiridon will continue to seek additional financing in the near term to further accelerate Tantiv4's growth and to expand their technology offerings.