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The latest update is out from Quorum Information Technologies ( (TSE:QIS) ).
Quorum Information Technologies Inc. announced that its common shares will be delisted from the TSX Venture Exchange following the completion of a statutory plan of arrangement with 2745122 Alberta Inc., an affiliate of Valsoft Corporation Inc. This transaction, which closed on December 10, 2025, resulted in the acquisition of all outstanding common shares by the Purchaser, making Quorum a wholly-owned entity. The company plans to cease being a reporting issuer in Canada, and its shares will no longer trade on any Canadian marketplace, impacting stakeholders by removing public trading options and transitioning to private ownership.
The most recent analyst rating on (TSE:QIS) stock is a Buy with a C$0.88 price target. To see the full list of analyst forecasts on Quorum Information Technologies stock, see the TSE:QIS Stock Forecast page.
Spark’s Take on TSE:QIS Stock
According to Spark, TipRanks’ AI Analyst, TSE:QIS is a Outperform.
Quorum Information Technologies’ strong financial performance and positive corporate events, including the strategic acquisition by Valsoft Corporation, are the most significant factors driving the score. The technical analysis shows a neutral trend with potential for upward movement. However, the high P/E ratio indicates overvaluation, which tempers the overall score.
To see Spark’s full report on TSE:QIS stock, click here.
More about Quorum Information Technologies
Quorum Information Technologies Inc. is a North American SaaS company that provides essential enterprise solutions for automotive dealerships and Original Equipment Manufacturers. Their offerings include a Dealership Management System (DMS), DealerMine CRM, Autovance retailing platform, Accessible Accessories digital platform, and VINN Automotive marketplace, all aimed at enhancing dealership operations and customer satisfaction.
Average Trading Volume: 46,449
Technical Sentiment Signal: Sell
Current Market Cap: C$58.55M
Find detailed analytics on QIS stock on TipRanks’ Stock Analysis page.