Voxtur Terminates Definitive Agreement with University Bancorp
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TORONTO and TAMPA, Fla., Jan. 27, 2025 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF), a technology company building a more transparent and accessible real estate lending ecosystem, today announced the closing of a definitive agreement effective Friday, July 26, 2024, with University Bancorp, Inc. (“The University”) to acquire a 50.5% stake in Blue Water Financial Technologies Holding Company, LLC, an indirect subsidiary of Voxtur (“Blue Water”).
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About Voxtur
Voxtur is a revolutionary real estate technology company that is redefining industry standards in the flexible lending space. The company provides targeted data analysis to facilitate tax solutions, property valuations and settlement services throughout the lending cycle for investors, lenders, government agencies and employees. Voxtur’s proprietary data hub and workflow platforms more accurately and efficiently value assets, originate and service loans, protect portfolios and assess tax assessments. The company serves the real estate and tax industry, both public and private, in the United States and Canada. For more information, visit www.voxtur.com.
Forward-Looking Information
This news release contains certain forward-looking statements and forward-looking information (collectively, “forward-looking information”) that reflect management’s expectations regarding the Company’s strategic plans, programs, business opportunities, and prospects. Forward-looking statements should not be read as guarantees of future events, performance or results, and give rise to the possibility that management’s forecasts, predictions, assumptions, expectations, or conclusions may not prove to be accurate, that the assumptions may not be true. and that the Company’s future growth, financial performance and objectives and the Company’s strategic plans, plans, business prospects and opportunities, will not occur or be achieved. Any information contained herein that is not based on historical facts may be deemed to constitute forward-looking information within the meaning of the securities laws of Canada and the United States. Forward-looking information may be based on expectations, estimates and assumptions as of the date of the news release, and may be identified by the words “may”, “potential”, “likely”, “should”, “will”, “intend”, “plan”, ” expect”, “believe”, “estimate”, “anticipate” or similar expressions. Forward-looking information may include but is not limited to: the effects of unexpected costs, liabilities or delays; the success of software projects; competition for skilled workers; expectations of other economic, business, environmental, regulatory and/or competitive conditions related to the Company, or the real estate industry generally; expected future production costs; and other events or circumstances that may occur in the future. Investors are cautioned that forward-looking information is not based on historical facts but rather reflects estimates or estimates regarding future results or events based on management’s opinions, assumptions and estimates considered reasonable on the date the information is provided. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors may have adverse effects on future results, performance. , or the achievements of the Company. Among the important factors that could cause actual results to differ materially from those expressed in forward-looking information include but are not limited to: the introduction of new products; changing global financial conditions; reliance on certain key employees and customers to maintain business operations; competition in the Company’s industry; the risk of technology failure, failure to implement technology improvements, or failure to implement new technology products in accordance with expected timelines; changing market conditions; failure of governing agencies and regulatory bodies to approve the use of products and services developed by the Company; the Company’s reliance on maintaining intellectual property and protecting newly developed intellectual property; operating losses and negative cash flows; and currency fluctuations. Therefore, readers should not place undue reliance on the forward-looking information contained herein.
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This forward-looking information is provided as of the date of this news release and, as appropriate, may change after that date. The Company does not undertake any obligation to update or revise this information to reflect new events or circumstances unless required in accordance with applicable laws.
NEITHER THE TSXV NOR ITS REGULATORY SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE TSXV REGULATIONS) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Voxtur common shares are traded on the TSXV under the symbol VXTR and in the US on the OTCQB under the symbol VXTRF.
Voxtur Contact:
Jordan Ross
Chief Operating Officer
Phone: (416) 708-9764
Email: jordan@voxtur.com
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