Xtract One Technologies Announces Strategic Investment
Posted by Jay Bartlett 1:28 am
Categories: Corporate News.
Tags: MSG Sports, Peter Evans, Xtract One.
Xtract One Technologies announced that MSG Sports will invest up to C$13.4 million (US$10 million) in Xtract One, a leading security technology company that prioritizes the patron access experience by leveraging AI. The initial investment of C$8.4 million (US$6.3 million) is effective immediately, with the subsequent investment of C$5 million (US$3.7 million) being conditional on the approval of Xtract One?s shareholders and all applicable regulatory approvals (together the ?Investment?).