02:45:31 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Spetz Inc (2)
Symbol SPTZ
Shares Issued 5,194,792
Close 2023-12-01 C$ 0.11
Market Cap C$ 571,427
Recent Sedar Documents

Spetz hires Jade Ventures for global telco sector

2023-12-04 11:41 ET - News Release

Mr. Ofir Friedman reports

SPETZ PARTNERS WITH JADE VENTURES TO EXPAND ITS PLATFORM THROUGH THE TELCO SECTOR WORLDWIDE

Spetz Inc. has entered into an advisory services agreement with Jade Ventures Ltd. Under the terms of the Agreement, Jade Ventures will serve as Spetz's exclusive advisor and will help facilitate introductions on behalf of Spetz to global telecommunications companies.

Jade Ventures will work closely with the Spetz management team to identify and pursue strategic opportunities with telecommunications companies that will enable Spetz to expand its platform into new markets or extend its current reach through telecommunications services. The team at Jade Ventures comprises experienced telecommunications professionals with a proven track record of success in completing high-value transactions in the telecommunications sector.

The Agreement includes an initial six-month exclusivity period with an option to extend for an additional six months. The parties have also agreed to a performance-based compensation structure that aligns their interests and ensures that Spetz's cash flow is not compromised at this stage.

"We believe that partnering with Jade Ventures will present exciting opportunities to expand our global reach and explore the immense potential of the telecommunications sector," said Yossi Nevo, Spetz CEO. "Telecommunications companies have a vast network of engaged customers that align well with Spetz's home and family services platform. By collaborating with Jade Ventures, we can leverage their expertise and relationships to pursue strategic partnerships that could significantly enhance our global operations."

About Spetz Inc.

Spetz Inc. is a multinational technology company that operates Spetz, a global online, AI-powered marketplace platform that dynamically connects consumers to nearby top-rated service providers in around 30 seconds. Spetz is available in the USA, United Kingdom, Australia, and Israel. The Spetz vision is to reinvent how people around the world connect to services in their moment of need. Connecting them immediately with the top-matched service provider for any need, anytime, anywhere.

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