Off-market insider buying at Xtract One Technologies (T:XTRA)

Madison Square Garden Sports Corp., a 10% Holder, acquired 2,696,228 Common Shares on a direct ownership basis at a price of $0.410 through a private transaction on April 24th, 2024. The insider also acquired 2,696,228 Warrants with an exercise price of $0.100 until April 24, 2027. This represents a $1,105,453 investment into the company's shares and an account share holdings change of 8.4%.

Xtract One Technologies is in the IT Services & Consulting Sub Industry Group under the Technology Sector.

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One's Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos. Xtract One Technologies Inc. (XTRA) has below median officer and director direct ownership compared to its small-cap peers in the market, based on our estimate using SEDI data. According to recent regulatory filings, one insider has invested a total amount of $1,105,453.