16:54:24 EDT Thu 03 Apr 2025
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Femto Technologies Inc. Announces Results of AGM

2025-04-02 19:01 ET - News Release

(via TheNewswire)

Femto Technologies Inc.
   

Vancouver, BC - (April 2, 2025) – TheNewswire - Femto Technologies Inc. (Nasdaq: ( FMTO ) (“ Femto ” or the “ Company ”), a FemTech pioneer and the creator of Sensera, a feminine wellness product, is pleased to announce the results of its annual general meeting of shareholders (the “ AGM ”) held today. Shareholders approved all matters recommended by management, including:

  • setting the number of directors at five and electing Yftah Ben Yaacov, Gabi Kabazo, Harold Wolkin, Stefania Szabo and Carmel Zigdon as directors of the Company;  

  • the appointment of Reliant CPA PC as the Company’s auditors for the ensuing year;  

  • the proposed amendment to the shareholder rights plan described in the Company’s information circular dated February 24, 2025 ; and  

  • the proposed variation of special rights and restrictions attached to the Company’s enhanced voting preference shares and corresponding amendment to the Company’s articles described in the Company’s information circular dated February 24, 2025  

 

About Femto Technologies Inc.

 

Femto Technologies Inc. (Nasdaq: FMTO), previously known as BYND Cannasoft Enterprises Inc., is a public Femtech company, pioneering a transformative change in the sphere of female wellness. Its proprietary Smart Release System (SRS technology) is embedded in Sensera, which has been named CES Innovation Awards® 2025 honoree in the AI category. Femto’s SRS technology is driving its R&D activities and product manufacturing for a variety of Femtech products. The devices described in this news release are concept devices that are in the first stage of development and will be subject to testing, experiments and regulatory approvals and therefore there is no certainty that they will eventually be marketed.

For more information, please visit www.femtocorp.com and on SEDAR+: www.sedarplus.ca

MEDIA CONTACT

For product demonstration and media

Samantha Breen

Opportunity PR (for Sensera)

samantha@opportunitypr.com

 +1 949.290.2834

 COMPANY CONTACT

 Gabi Kabazo

 Chief Financial Officer

 Tel: (604) 833-6820

 e‐mail: ir@femtocorp.com

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements that may be deemed “forward-looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended and under Canadian securities laws. When used in this news release, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward‐looking statements. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual events or developments may differ materially from those in forward-looking statements. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause the Company’s actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause actual results to differ materially from the statements made, including future financial performance, unanticipated regulatory requests and delays, final patents approval, timing of the Sensera pre-order and those factors discussed in filings made by the company with the Canadian securities regulatory authorities, including (without limitation) in the company's management's discussion and analysis for the year ended December 31, 2024 and annual information form dated March 31, 2025, which are available under the Company's profile at www.sedarplus.ca, and in the Company’s Annual Report on Form 20-F for the year then ended that was filed with the U.S. Securities and Exchange Commission on March 31, 2025. Should one or more of these factors occur, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward‐looking statements, except as required by law. Any such forward-looking statements represent management's estimates as of the date of this news release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. Shareholders are cautioned not to put undue reliance on such forward‐looking statements.

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