Dax Dasilva, CEO, Director and 10% Holder, disposed of 1,384,523 Subordinate Voting Shares on an indirect ownership basis for registered holder DHIDASILVA HOLDINGS INC. at a price of $35.000 through a prospectus or prospectus exempt offering on August 22nd, 2019. This represents a $48,458,305 divestment of the company's shares and an account share holdings change of -100.0%.
On the same terms, Jean Paul Chauvet, a Senior Officer and Director, disposed of 293,250 Subordinate Voting Shares on a direct ownership basis. This represents a $10,263,750 divestment of the company's shares and an account share holdings change of -99.5%. Brandon Blair Nussey, a Senior Officer, disposed of 71,680 Subordinate Voting Shares on a direct ownership basis. This represents a $2,508,800 divestment of the company's shares and an account share holdings change of -100.0%. Bradley Earle Malmberg, a Senior Officer, disposed of 37,776 Subordinate Voting Shares on a direct ownership basis. This represents a $1,322,160 divestment of the company's shares and an account share holdings change of -14.4%.
Lightspeed POS is in the Software Sub Industry Group under the Technology Sector.
Lightspeed POS Inc is a Canada-based company, which offers a cloud-based commerce solution for independent businesses, in-store and online. The Company also offers a cloud-based point of sale (POS) system for retailers and restaurateurs. The Company's solutions enable users to manage entire business from inventory, customer preferences, sales, and analytics. The Company's e-commerce platform toolkit includes Product Management, Inventory Management, Order Management and International currency. The Company offers various products, such as retail POS, Restaurant POS, e-commerce and Onsite. The Company also offers Omnichannel retail, which refers to the integration of online and in-store sales channels. The Company's Restaurant POS features include table service POS, quick service POS, Cafe POS and Bar POS. The Company's Onsite solution allows users to personalize point of sale system. The Company's Onsite solution allows retailers to sell products online and reach customers worldwide.
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