PropTech Is A Real Estate Revolution

Universal PropTech is a diversified investment platform delivering healthy building solutions and services for building developers, owners and operators in Canada

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Message: VIDEO – Universal PropTech $UPI $UPIPF Gears Up for Epic 6 Months, following Flurry of Distribution Deals

VIDEO – Universal PropTech $UPI $UPIPF Gears Up for Epic 6 Months, following Flurry of Distribution Deals

posted on Jul 06, 2021 04:27PM

Universal PropTech (TSXV: UPI) (OTCQB: UPIPF) (FSE: 8LH) is a leading building innovation company, selecting, integrating, deploying and maintaining PropTech in healthy buildings.

Whereas many companies are only now trying to capitalize on the opportunities presented in the current and massive future of PropTech, Universal PropTech Inc. is actually delivering healthy building solutions and services for developers, owners and operators in Canada. In just the last week, the company has unveiled two major partnerships:

  • On July 6 it entered into a distribution agreement with Piera Systems to market, sell and distribute its Canāree™ family of indoor air quality monitoring products in Canada and the U.S.
  • On July 2 it signed with distribution partner Alps Controls Inc. to distribute Air Sniper indoor air quality products on its leading online marketplace, alpscontrols.com, for HVAC and building automation controls.

These deals came hot on the heels of an incredibly strong first half to this year, which saw the firm:

  • Close an oversubscribed equity raise of approximately $845,000
  • Retire all debt
  • Receive approximately $700,000 in cash through warrant and option exercises
  • Commence trading on Frankfurt Stock Exchange in Germany
  • Commence trading on the OTCQB market in the United States
  • Invest in ISBRG Corp. and obtain exclusive agency rights
  • Add new partnerships and augmented product offerings
  • CEO stock purchases of 490,000 shares
  • New appointment of Advisory Board members.

And there’s even more planned for the future!

We sat down with Frank Carnevale, Universal Proptech’s Chief Growth Officer, to look ahead to the second half of 2021...

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