AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY), a data analytics and enterprise software solutions provider, is pleased to announce today that Mr. Jonathan Dwek has been appointed as the Chief Financial Officer of the Company, effective immediately. This appointment represents an additional milestone in AnalytixInsight’s ongoing management transition and refresh of the corporate strategy.
Mr. Dwek brings a wealth of expertise, financial acumen and strategic insight to the Company’s leadership team, having a proven track record spanning more than 15 years. He has previously guided and supported companies with mergers & acquisitions, corporate finance, capital raising, and has successfully developed and implemented internal financial controls. Most recently, he ran Dwek Capital, an independent M&A advisory and private equity firm delivering services to clients in the middle market, where he assisted companies with the identification and execution of acquisition opportunities across a variety of industries. Prior thereto, he was the CFO of a technology startup focused on blockchain communication. Mr. Dwek is a CFA Charterholder and has a Master of Finance degree from the Rotman School of Management in Toronto.
“We are confident that Jonathan’s deep finance expertise and hands-on strategic advisory experience will be instrumental in setting AnalytixInsight’s financial strategy while also supporting our efforts to enhance transparency, corporate governance and rigorous internal controls,” said Natalie Hirsch, interim President and CEO. “Having an individual with Jonathan’s background on our team represents another positive step in the management transition process. We look forward to leveraging his business and technology experience as we work towards unlocking additional value from AnalytixInsight and targeting new growth opportunities that we anticipate can generate value for our shareholders.”
Mr. Dwek assumes the role of CFO following the resignation of Mr. Paul Bozoki. Management wishes him well in his future endeavours.
In addition, the Company announced today that, subject to regulatory approval, it has granted an aggregate of 925,000 stock options to certain officers and consultants of the Company in accordance with the Company’s stock option plan. The options vest in equal quarterly installments over a period of 24 months and, subject to the vesting periods, may be exercised at a price of $0.085 per option for a period of five years from the date of grant. The common shares underlying the options may be subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange.
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