Tenet Fintech Group Inc

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Tenet Fintech Group, Inc. is an information technology portfolio management company, which engages in assembling, financing, and managing a portfolio of companies and assets in some of the tech sectors. It operates through the following segments: Fintech Platform, Financial Services, and Other. The Fintech Platform segment consists of procurement and distribution of products within supply chain or facilitating transactions in the commercial lending industry through technology platforms and the Canadian operating entities. The Financial Services segment provides commercial loans to entrepreneurs and SMEs and the activity of providing turn-key credit outsourcing services to banks and other lending institutions. The Other segment includes activity and unallocated portion of the Canadian parent company's services and all non-operating holdings registered in Hong Kong and China. The company was founded on May 13, 2008 and is headquartered in Toronto, Canada.

Toronto, Ontario--(Newsfile Corp. - November 6, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, is pleased to announce that the common shares of the Company will officially begin trading on the OTCQB Venture Market in the U.S. at market open November 7, 2024, under the symbol "PKKFF". The Company's common shares will continue to trade under the symbol "PKK" on the Canadian Securities Exchange.

Tenet Receives Approval for Shares to Begin Trading on OTCQB Market in the U.S.

Toronto, Ontario--(Newsfile Corp. - October 25, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has appointed Liang Qiu to head the global development of the Business Hub. Tenet recently launched beta versions of the Business Hub's advertising and networking modules in Canada and has been collecting feedback to improve some of the modules' functionalities before a widescale deployment of the new modules in Canada planned for November 2024.

Tenet Appoints Liang Qiu as Head of Global Development for its Business Hub

Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has released beta versions of the networking and advertising modules of its Business Hub to a select group of the platform's existing clients. The beta release of the new modules constitutes what the Company deems to be a "soft launch" of the features to allow some existing members to test the new functionalities and provide their feedback and comments to the Company before a planned Canada-wide release following the beta phase.

Tenet Releases Beta Versions of Networking and Advertising Modules of Business Hub

Toronto, Ontario--(Newsfile Corp. - September 4, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has closed a non-brokered private placement financing by selling 39,075,000 units to "accredited investors" within the meaning of NI 45-106 - Prospectus Exemptions and under the applicable securities laws, with each unit priced at $0.10 for gross proceeds of $3,907,500 (the "Financing"). Each unit (a "Unit") is comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant").

Tenet Closes Non-Brokered Private Placement for Gross Proceeds of $3.9M

Toronto, Ontario--(Newsfile Corp. - September 3, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced the appointment of Dr. George Krucik to its Board of Directors (the "Board"). Dr. Krucik is a physician, inventor, entrepreneur, senior executive and early adopter of AI that has spent almost 40 years in Silicon Valley, where his unique combination of expertise in the medical field, computer science and AI has seen him bring to market several innovative online and cloud-based medical products, and has led to an impressive patent portfolio.

Tenet Welcomes Silicon Valley Entrepreneur and AI Veteran Dr. George Krucik to its Board of Directors

Toronto, Ontario--(Newsfile Corp. - August 29, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider and operator of the Cubeler® Business Hub, today announced its financial results and operating highlights for the three-month and six-month periods ended June 30, 2024, and June 30, 2023. Tenet reported revenue of $713,943, EBITDA of ($10,685,055) and a net loss of $13,451,547 for the quarter.

Tenet Fintech Reports Second Quarter 2024 Financial Results

Toronto, Ontario--(Newsfile Corp. - August 23, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC PINK: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it intends to conduct a private placement financing by selling up to 30,000,000 units with each unit priced at $0.10 for gross proceeds of up to $3,000,000 (the "Offering"). Each unit (a "Unit") will be comprised of one common share of the Company (a "Common Share") and one Common Share purchase warrant (a "Warrant").

Tenet Announces Non-Brokered Private Placement of Up to $3M

Toronto, Ontario--(Newsfile Corp. - August 22, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has signed a strategic advisory agreement with Altitude Capital Consultants Inc. ("Altitude"), led by renowned Canadian capital markets expert Michael Wekerle. Altitude and the Company have agreed to a one-year term whereby Altitude will render certain services that includes primarily capital markets strategy, review and analysis of strategic opportunities, the examination of sources of funding and future capital requirements, and general marketing advice, including on the commercialization of Tenet's data driven ie-Pulse product offering destined to capital market professionals.

Tenet Engages Altitude Capital Consultants Inc. for Capital Markets Strategy

Toronto, Ontario--(Newsfile Corp. - August 16, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has begun the process to have its shares listed for trading on the OTCQB Market in the U.S. Tenet's shares are currently listed on the OTC Market's Pink Market, which provides some measure of limited and restricted U.S. trading. To be eligible for the upgrade to the OTCQB Market, Tenet will have to demonstrate that it is current in its reporting and disclosure materials.

Tenet Shares to be Listed for Trading on OTCQB Market in the U.S.

Toronto, Ontario--(Newsfile Corp. - August 14, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has signed a strategic alliance agreement with Elite Times CPA Inc. ("Times CPA") to bring Times CPA's approximately 1,000 small and medium sized enterprise (SME) clients to the Business Hub, while the parties also endeavor to bring automated bookkeeping to the platform. Times CPA (https://timesaccounting.ca) is a Canadian accounting firm with offices in Montreal, Ottawa, Toronto and Vancouver, proving various accounting, bookkeeping, tax preparation and consulting services to a diverse clientele of businesses operating primarily in Quebec, Ontario and British Columbia.

Tenet and Elite Times CPA Sign Strategic Alliance Agreement to Bring 1,000 New SMEs and Automated Bookkeeping to the Cubeler Business Hub

Toronto, Ontario--(Newsfile Corp. - August 9, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today released an updated version of its website (www.tenetfintech.com) to reflect the Company's transition from being a predominantly transaction fee revenue driven company with operations focused in China, to a company that expects most of its revenue to come from subscription fees from a diverse data derived product offering initially offered to a North American audience. The updated website also includes an updated investor presentation, which can be downloaded at https://www.tenetfintech.com/en-ca/investors-ressources.

Tenet Updates Website to Reflect Focus on North American Operations

Toronto, Ontario--(Newsfile Corp. - July 24, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today provided an update on loans and credit facilitated by the platform's "Financing" module in Canada ahead of the upcoming release of the platform's "Networking" and "Advertising" modules. The Company reported that between July 2023 and June 2024, loans and credit in the form of receivables financing, merchant cash advances, term loans, lines of credit, and inventory financing totaling $976,500 were awarded on the platform.

Tenet Provides Cubeler Business Hub Credit Activity Update Ahead of New Modules Release

Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced that it has secured a credit facility of up to $5,000,000 from Petiana Capital Inc. ("PCI"), and has terminated its ongoing private placement of units of convertible debentures and warrants whereby the Company was looking to raise an additional $5,000,000 (the "Financing"). The credit facility agreement between Tenet and PCI allows Tenet to drawdown up to $5,000,000 over a twelve-month period by sending drawdown notices to PCI (the "Credit Facility").

Tenet Secures Credit Facility of Up to $5M and Terminates Private Placement Financing

Toronto, Ontario--(Newsfile Corp. - July 5, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today provided the following update related to its ongoing private placement financing of units of convertible debentures and warrants (the "Financing"). The Company reiterated its intention to close the Financing as quickly as possible as it continues to try to accommodate a group of strategic investors who have requested an extension to the deadline previously appointed by Tenet to close the Financing.

Tenet Provides Update on Private Placement Financing

Tenet Fintech Group Inc. (OTCPK:PKKFF) Q1 2024 Earnings Conference Call June 7, 2024 5:00 PM ET Company Participants Johnson Joseph - CEO, President & Director Conference Call Participants Cathy Hume - CEO, CHF Capital Markets Cathy Hume Hello to all Tenet Shareholders and a special thank you to those of you that sent in questions about the company's First Quarter 2024 Financial Results. My name is Cathy Hume from CHF Capital and I'll be asking Johnson Joseph, Tenet CEO, your questions related to the Q1 2024 results.

Tenet Fintech Group Inc. (PKKFF) Q1 2024 Earnings Call Transcript

Toronto, Ontario--(Newsfile Corp. - June 7, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today published the interview conducted with Company CEO Johnson Joseph on the first quarter 2024 financial results filed on May 30, 2024. The interview is available on the Tenet website and can be access by clicking on the following link: Tenet Q1-2024 Results QandA.

Tenet Publishes CEO Q&A Interview on First Quarter 2024 Financial Results

Toronto, Ontario--(Newsfile Corp. - May 30, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today announced its financial results and operating highlights for the three-month period ended March 31, 2024. Tenet reported revenue of $765,635, adjusted EBITDA of ($3,100,250) and a net loss of $5,414,117 for the quarter.

Tenet Reports First Quarter 2024 Financial Results

Toronto, Ontario and Shanghai, China--(Newsfile Corp. - May 21, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, and Able View Global Inc. (NASDAQ: ABLV) ("Able View"), China's second largest international beauty and personal care brand manager, today announced that they have signed an agreement in principle for the distribution of Canadian brands in China. The parties will develop a program that will help identify brands owned by members of the Cubeler® Business Hub that could successfully be distributed in China through Able View's services under a negotiated revenue sharing structure between Able View and Tenet.

Tenet and Able View Global Sign Agreement in Principle for Distribution of Canadian Brands in China

Toronto, Ontario--(Newsfile Corp. - May 3, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler® Business Hub, today published the interview conducted with Company CEO Johnson Joseph on the year-end 2023 financial results filed on April 29, 2024. The interview is available on the Tenet website and can be access by clicking on the following link: Tenet_Year-end_2023_Results_QandA.

Tenet Publishes CEO Q&A Interview on Year-End 2023 Financial Results

Toronto, Ontario--(Newsfile Corp. - April 30, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), today announced its financial results for the year ended December 31, 2023. The Company reported revenue of $42.08 million, compared to $109.88 in 2022, and a net loss of $78.33 million for the year, of which a total of $47.93 million was attributed to amortization of intangible assets, impairment of goodwill and impairment of intangible assets.

Tenet Reports Year-End 2023 Financial Results

Toronto, Ontario--(Newsfile Corp. - April 17, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), further to its press releases of December 12, 2023, January 29, 2024, February 2, 2024 and February 27, 2024 (the "Prior Press Releases"), announced today that it has completed a third tranche closing (the "Third Tranche Closing") of its previously announced offering of the sale of securities, on a private placement basis, of the Company for gross proceeds of up to $10,000,000 (the "Offering"). The Company sold a total of 2,015 convertible debenture units of the Company (the "CD Units") at a price of $1,000 per CD Unit, for aggregate gross proceeds in the Third Tranche Closing of $2,015,000.

Tenet Closes Third Tranche of Brokered Private Placement for Gross Proceeds of $2M

Toronto, Ontario--(Newsfile Corp. - April 8, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC PINK: PKKFF) ("Tenet" or the "Company"), is pleased to announce the settlement of a presumed class action lawsuit brought against the Company and two of its executives on November 19, 2021 in the United States District Court for the Eastern District of New York, originally captioned Bram Van Boxtel v. Tenet Fintech Group Inc., et al.

Tenet Settles US Class Action Lawsuit

Toronto, Ontario--(Newsfile Corp. - February 27, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), further to its press releases of December 12, 2023, January 29, 2024 and February 2, 2024 (the "Prior Press Releases"), announced today that it has completed a second tranche closing (the "Second Tranche Closing") of its previously announced offering of the sale of securities, on a private placement basis, of the Company for gross proceeds of up to $10,000,000 (the "Offering"). The Company sold a total of 1,000 convertible debenture units of the Company (the "CD Units") at a price of $1,000 per CD Unit, for aggregate gross proceeds in the Second Tranche Closing of $1,000,000.

Tenet Closes Second Tranche of Brokered Private Placement for Gross Proceeds of $1M

Toronto, Ontario--(Newsfile Corp. - February 2, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), further to its press releases of December 12, 2023 and January 29, 2024 (the "Prior Press Releases"), announced today that it has completed the first tranche closing (the "First Tranche Closing") of its previously announced offering of the sale of securities, on a private placement basis, of the Company for gross proceeds of up to $10,000,000 (the "Offering"). The Company sold a total of 1,610 convertible debenture units of the Company (the "CD Units") at a price of $1,000 per CD Unit, for aggregate gross proceeds in the First Tranche Closing of $1,610,000.

Tenet Closes First Tranche of Brokered Private Placement for Gross Proceeds of Approximately $1.6 Million

Toronto, Ontario--(Newsfile Corp. - January 29, 2024) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), further to its press release of December 12, 2023 (the "Prior Press Release"), today announced that it has amended the terms of its brokered private placement financing of up to $10,000,000 of securities of the Company (the "Offering") led by Research Capital Corporation as lead agent and sole bookrunner (the "Agent") in connection with the Offering. Given the preference shown by investors for the convertible debenture units of the Company (the "CD Units"), and after further discussions, the Company and the Agent have determined not to proceed with the offer or sale of Equity Units (as such term is defined in the Prior Press Release) pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106") (the "Listed Issuer Financing Exemption").

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