- Tribe increases its market reach with the launch of its Tribe
Home app for Android devices. With seamless access to
essential information and features, the Tribe Home app empowers
residents, council and board members, and property managers to make
informed decisions and enhance community engagement.
- Tribe has also introduced enhancements to its previous iOS app,
providing streamlined property management tools and improved user
interaction on Apple devices.
- Tribe announces the filing of an amended and restated offering
document for its previously completed non-brokered Listed Issuer
Financing Exemption (LIFE) offering.
- Tribe is also pleased to announce the extension of its
strategic partnership with Angad Capital for capital markets
and investor relations advisory services
VANCOUVER, BC, July 17,
2024 /CNW/ - Tribe Property Technologies Inc.
(TSXV: TRBE) (OTCQB: TRPTF) ("Tribe" or the "Company"), a
leading provider of technology-elevated property management
solutions, has launched its Tribe Home app for Android devices
and upgraded its iOS version, making it easier than ever to manage
and live in multi-family residential homes, such as condos and
townhouses.
The Tribe Home app for Android provides residents with a robust
suite of tools to enrich their living experience and enhances the
user experience by providing immediate access to essential
information and features on the go. With the Tribe Home app users
can effortlessly access their account balances, make payments
securely around the clock, and stay informed with instant updates
on critical building notices, whether related to maintenance
schedules, community events, or safety alerts. This centralized
information hub fosters transparency and accountability by enabling
residents to interact with property managers and fellow residents,
submit help desk tickets, and receive timely responses—all from
their mobile devices.
For Tribe's iOS users, the upgraded Tribe Home app provides
enhanced capabilities that foster improved collaboration and
communication between residents and community managers. This
advancement ensures that iOS users can effectively manage tasks and
make informed decisions while on the move, similar to their Android
counterparts.
Joseph Nakhla, CEO of Tribe
commented, "Our proprietary Tribe Home app is designed to
streamline day-to-day operations for Council and Board members, as
well as property managers, while bringing unparalleled convenience
and self-service ability to residents. Extending our reach with an
Android app, while improving functionality for those on iOS
devices, shows our commitment to tech-elevated property management
solutions that improve customer experience and usability. These new
apps are inherently faster, more reliable, and more engaging, which
means the Tribe Home app is not only easy to use but also robust
and capable of handling the demands of modern community
management."
The Tribe Home app encourages community engagement by
facilitating neighbour interactions and simplifying the reservation
process for amenities such as gym facilities or community spaces,
available at any time, even in the middle of the night. By offering
curated discounts on essential services like food delivery and home
insurance, the Tribe Home app not only enhances convenience but
also supports a thriving condo-living community, building trust
among Residents, Owners, Councils, and Boards. With approximately
40% of Canadians using Android devices1, the Company's
Tribe Home app now extends its market reach, putting livability and
home management directly in the palm of users' hands.
With two full-featured apps that support both iOS and Android
users, Tribe Home now reaches more residents than ever, allowing
them to manage their homes right in the palm of their hand. This
connectivity ensures every resident feels heard and supported,
building trust and streamlining community operations.
Experience the future of community management with the Tribe
Home app, exclusively for residents of Tribe-managed communities.
Redefine how you engage with and manage your community and
experience the convenience and efficiency of managing your
community right from your smartphone. The Tribe Home app is
free for Tribe-managed community members to download on the
Google Play Store and the Apple App Store. For more information, visit
www.tribemgmt.com/tribehome/
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Source: https://explodingtopics.com/blog/iphone-android-users
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Amended and Restated Offering Document
The Company filed an amended and restated offering document
dated June 10, 2024 (the "Offering
Document") on July 8, 2024 with
respect to the Company's non-brokered private placement of units
(each, a "Unit") under the listed issuer financing exemption
pursuant to section 5A.2 of National Instrument 45-106 –
Prospectus Exemptions (the "Private Placement") to clarify
the Company's use of available funds disclosure and related working
capital position. A copy of the Offering Document available
in English and French can be found under the Company's profile at
www.sedarplus.ca.
The Company announced that it had closed the Private Placement
on June 24, 2024, pursuant to which
the Company issued 4,807,691 Units at a price of $0.52 per Unit to raise gross proceeds of
$2,500,000, with each Unit comprised
of one common share of the Company and one-half of one common share
purchase warrant (each whole common share purchase warrant, a
"Warrant"). Each Warrant entitles the holder to purchase one
common share of the Company at a price of $0.82 at any time on or before June 21, 2029.
Capital Markets and Investor Relations Advisory
Tribe is also pleased to announce that it has extended its
contract with Angad Capital Inc. ("Angad Capital"), to provide
capital markets advisory and investor relations services. In
connection with the engagement, which initially started on
June 20, 2023, a contract extension
was signed on July 1, 2024 for a fee
of $10,000 per month and may be
terminated upon a date mutually agreed by the parties or upon 30
days' prior written notice to the other party. Angad Capital was
founded and operated by Pardeep
Sangha, a former ranked investment equity analyst who
specialized in covering small-cap technology companies. At the time
of this announcement Angad Capital owns 99,000 common shares of
Tribe.
About Tribe Property Technologies
Tribe is a property technology company that is disrupting the
traditional property management industry. As a rapidly growing
tech-forward property management company, Tribe's integrated
service-technology delivery model serves the needs of a much wider
variety of stakeholders than traditional service providers. Tribe
seeks to acquire highly accretive targets in the fragmented North
American property management industry and transform these
businesses through streamlining and digitization of operations.
Tribe's platform decreases customer acquisition costs, increases
retention, and allows for the addition of value-added products and
services through the platform. Visit tribetech.com for more
information.
Tribe Property Technologies Inc.
"Joseph Nakhla"
Chief Executive Officer
1606 – 1166 Alberni Street, Vancouver,
British Columbia, V6E 3Z3
1-888-773-8381
Cautionary Statement on Forward-Looking
Information
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release contains certain statements which
constitute forward-looking statements or information under
applicable Canadian securities laws, including statements relating
to the Company's goals and strategy. Such forward-looking
statements are subject to numerous known and unknown risks,
uncertainties, and other factors, some of which are beyond the
Company's control, which could cause actual results or events to
differ materially from those stated, anticipated or implied in the
forward-looking statements. These risks and uncertainties include
changes to applicable laws or the regulatory sphere in which the
Company operates, general economic and capital markets conditions,
and stock market volatility. Although the Company believes that the
forward-looking statements in this news release are reasonable,
they are based on factors and assumptions, based on currently
available information, concerning future events, which may prove to
be inaccurate. As such, readers are cautioned not to place undue
reliance on the forward-looking statements, as no assurance can be
provided as to plans, operations, results, levels of activity or
achievements. The forward-looking statements contained in this news
release are made as of the date of this news release and, except as
required by applicable law, the Company does not undertake any
obligation to publicly update or to revise any of the
forward-looking statements, whether because of new information,
future events or otherwise.
SOURCE Tribe Property Technologies Inc.