A2z Cust2mate Solutions Corp 6-K, filed Aug 15, 2022
A2z Cust2mate Solutions Corp. (AZ)
About this 6-K
A2z Cust2mate Solutions Corp filed this 6-K on August 15, 2022.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For the month of August 2022
Commission File Number: 001-40472
A2Z SMART TECHNOLOGIES CORP.
(Registrant)
1600-609 Granville Street
Vancouver, British Columbia V7Y 1C3 Canada
(Address of Principal Executive Offices)
Indicate by check mark whether the Registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the Registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| A2Z SMART TECHNOLOGIES CORP. | ||
| (Registrant) | ||
| Date August 15, 2022 | By | /s/ Bentsur Joseph |
| Bentsur Joseph | ||
| Chief Executive Officer | ||
EXHIBIT INDEX
Exhibit 99.1
A2Z Smart Technologies Expands Accenture Relationship; A2Z’s Cust2Mate Smart Carts are Now Showcased at the Accenture Custom Innovation Network
Tel Aviv, Israel / July 21, 2022 — A2Z Smart Technologies Corp. (NASDAQ: AZ) (TSXV: AZ), today announced that, in conjunction with its strategic partnership with Accenture, the Company’s smart carts are now showcased at the Accenture Custom Innovation Network (“ACIN”), the largest Accenture showcase facility in Europe, in Milan, Italy.
A2Z’s state-of-the-art Cust2Mate Smart Cart provides a contactless and convenient shopping experience by recognizing every purchased item and enabling in-cart payment so that shoppers don’t have to wait on lines. The platform also allows retail grocers to direct shoppers to discounted products with in-store promotions and collects valuable in-store shopping data to optimize operations and inventory management.
Rafael Yam, CEO of Cust2Mate, commented, “We’re pleased to begin showcasing the Cust2Mate Smart Cart at ACIN as a part of our strategic partnership with Accenture. As we’ve said before, the Italian market represents a key opportunity for Cust2Mate and is an entry point into the overall European market for frictionless retail solutions. ACIN is Accenture’s largest showcase facility in Europe, so having our carts on display at this location provides us with heightened visibility and valuable exposure to further strengthen our foothold and expand Cust2Mate’s presence across the continent.”
About A2Z Smart Technologies Corp
A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is the world’s first proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply “pick & go”, and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.
Cautionary Statement Regarding Forward-Looking Statements
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither 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 forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities — that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
Contact Information:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: a2z@imsinvestorrelations.com
Exhibit 99.2
A2Z Smart Technologies Continues Rollout of Cust2Mate Smart Carts to Yochananof Supermarkets
TEL AVIV, ISRAEL / July 29, 2022 / A2Z Smart Technologies Corp. (“A2Z” or the “Company”) (Nasdaq: AZ) (TSXV: AZ), today announced that it has begun deliveries of additional Cust2Mate Smart Carts to Yochananof, a premier Israeli supermarket chain, as part of the previously announced follow-up order from the retailer, which has 35 locations across Israel. In May, A2Z announced that Yochananof has placed orders for a total of 1,000 carts with an aggregate value of orders received of approximately $10 million.
A2Z’s state-of-the-art Cust2Mate Smart Cart streamlines the shopping experience by recognizing every purchased item and enabling in-cart payment so that shoppers skip lines, while also allowing retail grocers to direct shoppers to discounted products and in-store promotions to efficiently manage and move inventory.
Rafael Yam, CEO of Cust2Mate, commented, “We’re pleased to continue our relationship with Yochananof, as we continue deliveries of our Cust2Mate Smart Carts to their stores across Israel. As a leading supermarket chain, Yochananof understands the benefits of frictionless retail, and their decision to provide their customers with the Cust2Mate Smart Carts is a validation of the cart’s performance and reliability in a real world-setting. We look forward to making additional deliveries to Yochananof stores throughout 2022 and expanding the visibility of the Cust2Mate platform.”
About A2Z Smart Technologies Corp
A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is the world’s first proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply “pick & go”, and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.
Cautionary Statement Regarding Forward-Looking Statements
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither 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 forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities — that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
Contact Information:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: a2z@imsinvestorrelations.com
Exhibit 99.3
A2Z Smart Technologies Nominates Mr. Gadi Graus to Cust2Mate’s Board of Directors
TEL AVIV, ISRAEL / August 5, 2022 / A2Z Smart Technologies Corp. (“A2Z” or the “Company”) (Nasdaq: AZ) (TSXV: AZ), today announced that it has nominated Gadi Graus to the Board of Directors of its wholly owned subsidiary, Cust2Mate Ltd.
Mr. Graus has 30 years of experience as a commercial and corporate lawyer specializing in corporate transactions involving both public and privately held companies across the globe. Mr. Graus currently serves as a senior partner at Shibolet & Co., a leading law firm in Israel, where he provides advice and support in all aspects of international, multi-jurisdictional and cross border mergers and acquisitions, corporate, commercial, and business transactions, and has experience with financing, intellectual property and technology. Mr. Graus received his law degree from The Hebrew University of Jerusalem and earned his MBA from the Kellogg School of Management at Northwestern University and Tel Aviv University. He is also a member of the Israel Bar Association.
Rafael Yam, Chief Executive Officer of Cust2Mate, commented, “We are very pleased to be appointing someone with Gadi’s experience and business acumen to Cust2Mate’s Board. His background as a commercial and corporate lawyer across a variety of different business transactions directly aligns with our priorities as we look to aggressively grow Cust2Mate’s presence in the frictionless retail market. Gadi is a proven leader with a diversified skillset and extensive and wide-ranging experience, and we believe that he would make a strong addition to the Cust2Mate Board of Directors.”
A2Z is also pleased to announce, that the Company has granted 1,265,000 Restricted Share Units (“RSUs”) to directors, officers and advisers, of which 590,000 RSU’s are to executives and directors, pursuant to the Company’s RSU Plan and in acknowledgment of the Company’s management recent success and increased future workload. The RSUs will vest at each recipient’s discretion and taking into account personal tax implications and convert into 1,265,000 common shares of no par value in the Company (“Common Shares”).
In addition, the Company announces that it has granted a director of the Company, options to subscribe for up to 900,000 Common Shares at a price of CAD$3.56 per Common Share (the “Options”). 225,000 Options vest immediately, and the remainder in six equal installments every 6 months with the first installment on February 2, 2023. The options are exercisable for a period of 10 years from the date of issue.
About A2Z Smart Technologies Corp
A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is the world’s first proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply “pick & go”, and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.
Cautionary Statement Regarding Forward-Looking Statements
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither 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 forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities — that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
Contact Information:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: a2z@imsinvestorrelations.com
Exhibit 99.4
A2Z Smart Technologies announces penetration to the Turkish Market together with leading grocery retail chain - Migros Ticaret
Tel Aviv, Israel / August 8, 2022 — A2Z Smart Technologies Corp. (NASDAQ: AZ) (TSXV: AZ), today announced has signed a Statement of Work’s (SOW) for it’s Cust2Mate Smart Carts with Migros Ticaret, one of Turkey’s leading grocery store chains, operating more than 1,000 locations nationwide. Pursuant to the SOW, Cust2Mate Smart Carts will be used at selected Migros locations in Turkey for a pilot trial. The Company anticipates that a successful pilot trial will lead to the launching of the smart carts across the Migros chain.
A2Z’s state-of-the-art Cust2Mate Smart Cart platform streamlines the shopping experience by recognizing every purchased item and enabling in-cart payment so that shoppers skip lines, while also allowing retail grocers to direct shoppers to discounted products and in-store promotions to efficiently manage and move inventory.
Rafael Yam, CEO of Cust2Mate commented, “We are making excellent progress with our efforts to introduce Cust2Mate to premier retailers worldwide and we’re pleased to further expand our global footprint with this important retailer in Turkey. Migros is an important step for us as its seen by retailers worldwide as a bellwether for the grocery retail sector. Migros is well-known as an innovative retailer, with a reputation for embracing new technologies, having been one of the first supermarket chains to adopt a self-checkout platform. Additionally, Migros has fully implemented NCR’s point of sale software, which is ideal for our Smart Cart solution. This is an exciting opportunity for us to further enhance our global brand recognition, working with a partner who appreciates the value our technology can bring to their operations, and also shares our vision for providing a frictionless shopping experience to customers. We’re excited to launch in Turkey and look forward to its successful completion and rollout.”
About A2Z Smart Technologies Corp
A2Z Smart Technologies Corp. creates innovative solutions for complex challenges. A2Z’s flagship product is the world’s first proven-in-use mobile self-checkout shopping chart. With its user-friendly smart algorithm, touch screen, and computer-vision system, Cust2Mate streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply “pick & go”, and bypass long cashier checkout lines. This results in a more efficient shopping experience for customers, less unused shelf-space and manpower requirements, and advanced command and control capabilities for store managers.
Cautionary Statement Regarding Forward-Looking Statements
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Company and has neither approved nor disapproved the contents of this press release. Neither 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 forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds, the results of financing efforts, the results of exploration activities — that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States or elsewhere. These securities have not been, and will not be, registered in the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.
Contact Information:
IMS Investor Relations
John Nesbett/Jennifer Belodeau
Telephone: 203.972.9200
Email: a2z@imsinvestorrelations.com