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Ipos overview

ZenaTech, Inc. (ZENA)


Company Overview

Proposed Symbol ZENA
Company Name ZenaTech, Inc.
Exchange NASDAQ Capital
Share Price $
Employees 11 (as of 04/30/2024)
Status
Shares Offered 102,481,427
Offer amount $7,100,900
Shares Over Alloted
Company Address 69 YONGE STREET, SUITE #1404 TORONTO MSE 1K3
Company Phone 647-249-1622
Company Website www.zenatech.com
CEO Shaun Passley
State of Inc
Fiscal Year End 12-31
Total Offering Expense $174,048.00
Shareholder Shares Offered
Shares Outstanding 102,481,427
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0001997403
DealId 1274889-108992

Company Description

ZenaTech, Inc. is an enterprise software technology company that specializes in mission-critical cloud-based applications integrated with smart hardware to deliver innovative solutions across diverse industries. The Company operates in software development technology, sales, and distribution. The Company is also developing a drone manufacturing, sales, and distribution business. ZenaTech, Inc. is the parent holding company that operates through the following subsidiary companies: · PacePlus, Inc.(“PacePlus”), a Wyoming, United States of America (“USA”), company, provides cloud-based enterprise software solutions for the medical records industry, with its subsidiaries, o SystemView, Inc. (“SystemView”), a Wyoming, USA, company, provides software solutions for the automated facility management industry, and, o ZigVoice, Inc. (“ZigVoice”), a Wyoming, USA, company, provides software solutions for the contact center industry, · WorkAware, Inc., a Wyoming, USA company, provides cloud-based enterprise safety and compliance management software and mobile solutions that can be utilized in a variety of industries including field management services, · TillerStack, GmbH. (“TillerStack”), a German company, provides cloud-based enterprise field service management software and mobile solutions for a variety of industries, o TillerStack, Inc. was established for US sales of TillerStack software products. o ZenaDrone GmbH (“ZenaDrone German”) was established for drone sales and drone services in Germany. · PsPortals, Inc. (“PsPortals”), a Delaware corporation, provides browser-based enterprise software applications for public safety, and, · ZenaTech, Inc, (“ZenaTech US”), created for conducting future acquisitions in the United States of America, and its subsidiary, o ZenaDrone, Inc., a Wyoming corporation, established for the purpose of selling the drone in the United States of America. Our core products all of which are software related are as follows: Core Product Status Company Product Description EHR Software Released PacePlus, Inc. Electronic Health Record software Inhouse is designed to efficiently manage development patient health information, Generating streamline healthcare workflows revenue and improve patient care and safety Medical Billing Released PacePlus, Inc. A comprehensive billing and Software Inhouse invoicing system specifically development tailored for medical practices, Generating helping manage financial revenue transactions and insurance claims efficiently. SystemView Scada Released SystemView, Inc. A Supervisory Control and Data HMI Software Inhouse Acquisition (SCADA) software development offering real-time monitoring, Generating data visualization, and control revenue for industrial processes. MaintenanceView Released SystemView, Inc. A software application designed Inhouse to streamline and optimize development maintenance operations, ensuring Generating the reliability and longevity of revenue equipment and assets. ReportView Released SystemView, Inc. A powerful reporting tool that Inhouse compiles and presents data from development various sources, simplifying data Generating analysis and supporting informed revenue decision-making. EnergyView Released SystemView, Inc. An energy management software Inhouse that tracks energy consumption, development identifies inefficiencies and Generating offers insights for optimizing revenue energy usage and reducing costs. Strand Video Released SystemView, Inc. A sophisticated video surveillance Surveillance Inhouse system with intelligent analytics, Software development enhancing security and surveillance Generating capabilities for a wide range of revenue environments. Multiplatform Released ZigVoice, Inc. An integrated suite of tools Contact Center Inhouse enabling seamless communication and Suite (MCCS) development management of customer interactions Generating across multiple platforms and revenue channels. Traffic Released ZigVoice, Inc. A traffic analysis software that Calculator Inhouse provides valuable insights into development traffic patterns, helping optimize Generating transportation and infrastructure revenue planning. Zinergy Help Released ZigVoice, Inc. An efficient help desk solution Desk Software Inhouse that centralizes and manages development customer support inquiries, Generating ensuring timely and effective issue revenue resolution. Safety and Released WorkAware, Inc. A comprehensive software platform Compliance Inhouse designed to support businesses in Management development maintaining safety standards, Software Generating compliance, and risk management revenue across industries. Field Service Released TillerStack, GMbH A powerful solution that optimizes Management Inhouse field operations for businesses. Software development From scheduling and dispatching to Generating real-time tracking and reporting, revenue it empowers field service teams to deliver exceptional customer experiences efficiently and effectively. Law Released PsPortals, Inc. A comprehensive and secure platform Enforcement Inhouse designed to empower law enforcement Software development agencies with advanced case Generating management, evidence tracking, and revenue streamlined communication tools. On-site Released TillerStack, GMbH An innovative tool that enables remote Remote Inhouse experts to provide real-time guidance Assistance development to on-site technicians. With seamless Generating AR-powered communication and live revenue video collaboration, it empowers teams to resolve complex issues faster and reduce downtime, revolutionizing on-site support experiences. Commercializing Non-Generating Software Products ZenaPay's software suite – including Plant Tracker, Merchant, Compliance, Supply Chain Blockchain Smart Contract, and Plant Recognition Technology – is spearheading a targeted marketing effort via social media, pay-per-click, and YouTube videos. This campaign is designed to highlight the ways these software products enhance farmers' operations. While these applications are yet to be launched, our current focus is on the drone business, as it aligns with these software offerings. The drone automation complements the software usage. Once the drone business starts generating revenue, the Plant Tracker will be introduced as an add-in service. Product Status Company Product Description ZenaDrone Released ZenaDrone, Inc. A cloud-based application that Plant Inhouse utilizes blockchain technology to Tracker development provide precise tracking and Not currently management of plant-related data, generating enhancing efficiency in agricultural revenue processes. ZenaDrone Beta Release ZenaDrone, Inc. An innovative solution employing smart Smart Inhouse technology to optimize farming Farming development practices, improve crop yields, and Not currently streamline agricultural operations. generating revenue ZenaDrone Testing ZenaDrone, Inc. An automated solution to navigate Compliance Inhouse regulatory requirements seamlessly. Software development It simplifies compliance processes, Not currently ensuring adherence to necessary generating standards with efficiency. revenue Plant Testing ZenaDrone, Inc. Software that utilizes advanced AI Recognition Inhouse technology to identify various Technology development plant species swiftly and Not currently accurately, providing enhanced generating botanical insights for users. revenue The Product Table below shows products that are being developed to integrate with certain of our software products. Product Name Status Company StackLens Prototype TillerStack, GMbH Inhouse development Not currently Generating revenue JourneyMan Device Designed WorkAware, Inc. Inhouse development Not currently Generating revenue Our Anticipated Business We plan to expand our business into Unmanned Vehicle Systems (commonly referred to as “drones”). In that regard, we have developed and have been testing what we believe to be a high-quality drone with certain unique features. ZenaTech, Inc. is the parent holding company that is developing its drone business through the following subsidiary companies: · ZenaDrone, Inc. (“ZenaDrone”), a Wyoming, USA, company, and its subsidiaries, o ZenaDrone Limited (“ZenaDrone Ltd”), an Irish entity established for the Irish and European Union drone sales and drone services operations. The Company created ZenaDrone Limited to register with the Irish Aviation Authority, o ZenaDrone Manufacturing, Inc, an Arizona Corporation, established to manufacture drones in the United States of America, · ZenaDrone, Trading LLC (“ZenaDrone LLC”) a Dubai, United Arab Emirates (“UAE”) company, established in the Middle East for the drone commercial, marketing andsales drone operations, and its subsidiary, o ZenaDrone Manufacturing (FZE) (“ZenaDrone FZE”) a Sharjah, UAE company, established in the Middle East for the manufacturing of drones and batteries. We currently have approximately 115 paying corporate clients using our medical records software, SCADA & HMI software, video surveillance software, call center software and safety and compliance management software, and field service management software. In addition, we have signed five pilot program agreements to evaluate our drone technology incorporating our drone enterprise software that we expect to convert into paying customers. We currently generate all our income from our software business and do not anticipate any changes to the use of existing software products under our current business operated through PacePlus, SystemView, ZigVoice, WorkAware, TillerStack and PsPortals while we pursue our drone business. We have not made any royalty payments on our software products to date. In addition, we have not made any royalty payments on our drones, including to Epazz in respect of software used in our drones. We currently conduct our software business in the United States, Canada, Ireland, United Arab Emirates, and Germany. We currently are testing our drone in Dubai and Ireland. --- Our principal address and office is located at Suite 1404, 69 Yonge Street, Toronto, Ontario Canada M5E 1K3 and our telephone number is (647) 249-1622. Our registered and records office is located at Suite 700 – 1199 West Hastings Street, Vancouver, British Columbia V6E 3T5. Our internet website is http://www.zenatech.com.