Aimia Inc. Secures $32.9M Earn-Out Cash Boost

Aimia Inc. (TSE:AIM) has released an update.

Aimia Inc. has received $32.9 million from the earn-out of its previously sold stake in PLM Loyalty to Aeromexico, boosting its liquidity and paving the way for a shareholder capital return via a planned normal course issuer bid. The company, which specializes in specialty chemicals and netting solutions, focuses on monetizing investments, returning capital to shareholders, and leveraging loss carry-forwards to enhance shareholder value.

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