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An announcement from Fobi AI ( (TSE:FOBI) ) is now available.
Fobi AI has announced a restructuring of its finance team with the appointment of long-tenured board member Jeffrey Hyman as the new Chief Financial Officer. This strategic move underscores Fobi’s commitment to transparency and sustainable growth, following the sale of its German subsidiary and the need for significant changes in its accounting functions. The company has engaged a third-party accounting firm to assist with audits and daily tasks, aiming to improve efficiency and scalability while reducing full-time headcount. This transition positions Fobi for its next phase of expansion and enhances its ability to leverage existing assets in alignment with market demands.
More about Fobi AI
Fobi AI is a cutting-edge data intelligence company that specializes in transforming real-time data into actionable insights and personalized customer engagement, aimed at increasing profits. The company offers a unique IoT device that integrates seamlessly into existing infrastructures, enabling data connectivity across online and on-premise platforms. Fobi operates globally and partners with major companies in industries such as retail, telecom, sports & entertainment, casino gaming, and hospitality & tourism.
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.98M
See more data about FOBI stock on TipRanks’ Stock Analysis page.