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Multiple insider selling at Lightspeed POS (T:LSPD)

Updated Tuesday Feb 16, 2021 04:13 AM EDT

Dax Dasilva, CEO, Director and 10% Holder, disposed of 500,000 Subordinate Voting Shares on an indirect ownership basis for registered holder DHIDASILVA HOLDINGS INC. at a price of US$70.000 through a prospectus or prospectus exempt offering on February 12th, 2021. This represents a $44,488,500 divestment of the company's shares and an account share holdings change of -3.5%.

Four other insiders also sold stock in the deal.

Lightspeed POS is in the Software Sub Industry Group under the Technology Sector.

Lightspeed POS Inc. offers omni-channel commerce-enabling software as a service platform. The Company's software platforms provide its customers with functionalities to engage with consumers, manage the operations and accept payments. It enables retailers, restaurants and other small and medium-sized enterprises (SMB) to engage with consumers across online, mobile, social and physical channels. It offers solutions, including Lightspeed Payments and Lightspeed Capital. Lightspeed Payments is the payments processing solution. Lightspeed Capital financing solutions enables merchants to buy inventory, invest in marketing, or manage cash flows by providing financing. The Company's platforms offer full omni-channel capabilities, point of sale, product and menu management, inventory management, analytics and reporting, multi-location connectivity, loyalty, customer management and financial services. It provides solutions for retail, hospitality and golf industries.

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Go to Lightspeed POS Inc. (LSPD)'s company page

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