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PopReach Corporation ( (TSE:INIK) ) has shared an update.
Ionik Corporation has completed the sale of its subsidiary, Schiefer Media, Inc. (SCS), to PUSH Media USA Inc. for $1.2 million. This strategic move allows Ionik to focus on its core Media Activation and Marketing Optimization platforms, enhancing efficiency and value for its customers. The proceeds from the sale will be reinvested to strengthen Ionik’s balance sheet and support growth initiatives, positioning the company for continued success in the marketing technology industry.
More about PopReach Corporation
Ionik Corporation is a technology-driven marketing and advertising solutions company that operates as a Tier 1 Issuer on the TSX Venture Exchange and the OTCQB Venture Market. It specializes in helping brands, advertisers, and publishers connect with their audiences through data-driven insights and advanced automation. Ionik’s platform integrates Media Activation and Marketing Optimization using an AI-Powered Data Engine to optimize customer acquisition and retention.
Average Trading Volume: 27,976
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$32.1M
Learn more about INIK stock on TipRanks’ Stock Analysis page.