Zoomd Technologies Announces Results of Annual and Special Meeting of Shareholders, Re-Electing All Members of the Board of Directors

TORONTO, Feb. 20, 2025 /PRNewswire/ -- Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the online advertising management platform, announced today the results of its annual and special meeting of shareholders (the "Meeting") that was held via teleconference on February 20, 2025. At the Meeting, shareholders re-elected Amit Bohensky, Amnon Argaman, Darryl Cardey, Ofer Eitan and Avigur Zmora as directors. Based on proxies received by Zoomd prior to the Meeting, votes were cast as follows:

In addition, the Company reports that an ordinary resolution approving the re-appointment of Brightman Almagor Zohar & Co as the auditors of Zoomd and to authorize the directors to fix the auditor's remuneration was passed by 99.489% of the votes represented at the Meeting.

Lastly, the Company reports that the resolution to approve its new omnibus equity incentive plan was passed by 94.399% of the votes represented at the Meeting, including 75.198% of the disinterested votes represented at the Meeting. Pursuant to the new omnibus equity incentive plan, the Company has reserved a maximum number of 15,799,954 common shares for issuance thereunder, being approximately 16% of the issued and outstanding common shares of the Company as of the date hereof. The Company's fixed stock option plan that was approved by its shareholders in 2020 also contained a 16% limit on the number of common shares that can be issued thereunder – the reason that the Company has amended the 2020 plan was to primarily add the ability for the Company to issue RSUs and to include a cashless exercise option thereunder.

The Company's full report of voting results on matters presented at the Meeting can be found at www.sedarplus.com. 

ABOUT ZOOMD:

Zoomd (TSXV: ZOMD, OTC: ZMDTF), established in 2012 and listed on the TSX Venture Exchange since September 2019, provides an innovative mobile app user-acquisition platform that integrates with numerous global digital media outlets. This platform presents a unified view of multiple media sources, thereby serving as a comprehensive user acquisition control center for advertisers. It streamlines campaign management through a single point of contact, simplifying customer acquisition efforts. The consolidation of media sources onto one platform enables Zoomd to offer advertisers substantial savings by reducing the need for disparate data source integration, enhancing data collection and insights, and minimizing resource expenditure.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Company Media Contacts:

Amit Bohensky
Chairman
Zoomd
[email protected] 

Website: www.zoomd.com 

Investor Relations:

Lytham Partners, LLC
Ben Shamsian
New York | Phoenix
[email protected] 

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SOURCE Zoomd Technologies Ltd.