Media and News

BeWhere Holdings Inc. Appoints Telematics Pioneer Frank Pellitta to Board of Directors

Toronto, Ontario- July 2, 2026 – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF) (“BeWhere” or the “Company”), a leading innovator in low-power 5G IoT asset tracking solutions, today announced the appointment of veteran telematics entrepreneur Frank Pellitta to its Board of Directors. Mr. Pellitta brings more than 25 years of deep technical, commercial, and executive experience in connected vehicle ecosystems and custom enterprise fleet solutions.

Mr. Pellitta is the founder of Assured Telematics Inc. (ATI), a US-based enterprise-level fleet management provider, acquired in 2023 by Transflo, a provider of business process automation services for the North American transportation sector, a provider of business process automation services for the North American transportation sector. Since founding ATI in 2010, Mr. Pellitta has established himself as a visionary in open-platform telematics, driving custom hardware-software integrations for heavy-duty commercial fleets, major utilities, and large truck-leasing companies across North America. His extensive domain knowledge spans from pioneering work with early connected vehicle operating software companies including as VP Sales at Lectronix, Inc., Director of Sales at QNX Software Systems (now part of BlackBerry Ltd.) and Director Business Development, Telematics at Cross Country Automotive (now part of Agero), to building sophisticated data-routing workflows on global platforms.

Continue reading

BeWhere Holdings Inc. Announces Acquisition of SecureQuip Systems Ltd

Toronto, Ontario–( June 3, 2026) – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF) (the “Company” or “BeWhere“), is pleased to announce that its wholly owned Ontario subsidiary, BeWhere Inc. (the “Purchaser“) has completed the acquisition of all of the issued and outstanding shares (the “Purchased Shares“) in the capital of SecureQuip Systems Ltd. (“SecureQuip“), pursuant to a share purchase agreement (the “SPA“) dated June 3, 2026 between Christopher MacLean (the “Vendor“), the Purchaser and SecureQuip (the “Transaction“) on June 3, 2026 (the “Closing Date“).

BeWhere CEO, Co-Founder and Director Owen Moore commented, “SecureQuip is a very compelling acquisition across a number of strategic and financial fronts as it:

(i) improves our position in the Equipment Asset Tracking vertical, a core strategic growth market;
(ii) materially increases our high-value recurring revenue with post transaction pro-forma Annual Recurring Revenue (ARR)(1) estimated at over $12M;
(iii) is a complementary acquisition that is anticipated to contribute to the Company’s revenue, cash flow and profitability;
(iv) offers access to an established customer base with cross-sell opportunities including long-tenured construction and fleet operators,
(v) helps expand our existing reseller market share; and,
(vi) presents a cross-sell opportunity for the Company’s broader IoT platform while allowing for entry into the higher-margin asset recovery market.”

Founded in Midland in 2002, SecureQuip is an Ontario-based provider of asset tracking solutions, and currently has approximately 11,000 tracking devices operating in the North American marketplace. Select financial results for SecureQuip for the fiscal year ending October 2025 are provided in the table below.

Continue reading

BeWhere Holdings Inc. Reports First Quarter 2026 Fiscal Results

TORONTO, ON. May 26, 2026 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”),a leading Mobile Internet of Things (M-IoT) company, is pleased to announce its financial results for three months ended March 31, 2026.

BeWhere started 2026 on a solid footing, delivering record first quarter results in revenue, EBITDA and Adjusted EBITDA, all driven by a favourable sales mix. Equally important, the Company achieved the highest Gross Profit in its history as Gross Profit grew 34% year over year to $2.1M, yielding record Gross Margin of 45.5%. Incorporating a successful equity LIFE offering, the Company ended the quarter with a strong balance sheet including $9.6M in cash to support its planned growth initiatives.

As BeWhere embarks on a new growth phase, the Company is introducing its “Vision 20/20 Plus 3-year financial growth objectives. The plan targets more than $20M in ARR (Annual Recurring Revenues) exiting 2028 through a combination of organic growth from new production introductions, expansion into new geographies, entry into new adjacent market verticals, as well as the pursuit of strategic acquisition opportunities. Exiting 2028, the Company also aims to reach a 20% Adjusted EBITDA margin run-rate through scaling efficiency gains including from increased process automation and the use of AI tools in operational tasks.

Owen Moore, CEO and Co-Founder stated, “We recently celebrated our 10th year as a public company and are excited about the next phase in our growth evolution. In Q1 we reached nearly $10M in ARR, putting us in a comfortable trajectory to achieve our stated financial objectives”. Added Chris Panczuk, COO and Co-Founder, “As we continue to scale the business, our focus remains on managing costs prudently to drive margins expansion and profitability. Q1 Adjusted EBITDA margin of 14% represents a 600 basis point expansion over the prior year period and demonstrates both our resolve and the opportunity ahead of us”.

First Quarter 2026 Highlights

  • Quarterly revenue increased by 12% year over year – Total Revenue for the three months ended March 31, 2026, was $4,701,418 compared to $4,214,793 for the same period in 2025: an increase of $486,625.
  • Recurring Revenue increased by 14% year over year – Total Recurring Revenue for the three months ended March 31, 2026, was $2,444,828 compared to $2,142,310 for the same period in 2025: an increase of $302,518.
  • ARR increased by 16% year over year – ARR stands at approximately $9.7M ending March 31, 2026, vs. $8.3M for the same period in 2025.
  • Gross Profit increased by 34% year over year – Gross profit for the three months ended March 31, 2026, was a record $2,138,506 compared to $1,595,993 for the same period in 2025: an improvement of $542,513.
  • EBITDA increased by 102% year over year – EBITDA for the three months ended March 31, 2026, was $573,073 compared to $284,313 for the same period in 2025: an improvement of $288,760. Q1 2026 EBITDA margin was 12.2%
  • Adjusted EBITDA increased by 96% year over year – Adjusted EBITDA for the three months ended March 31, 2026, was $652,658 compared to $333,260 for the same period in 2025: an improvement of $319,398. Q1 2026 Adjusted EBITDA margin was 13.9%.
  • Total comprehensive net income increased by 19% year over year – Total comprehensive net income for the three months ended March 31, 2026, was $372,327 compared to $312,679 for the same period in 2025: an increase of $59,648.
  • Working Capital increased by 76% year over year – The Company recorded working capital on March 31, 2026 of $13,398,089 compared to $7,611,938 for the same period in 2025: an increase of $5,786,151. At March 31, 2026, the cash balance was $9,583,584 including net proceeds from a LIFE equity offering compared to $5,766,063 for the same period in 2025.

Non-IFRS Measures

Adjusted EBITDA is a non-IFRS measure and does not have standardized meaning as it relates to performance measures and may not be comparable to other issuer disclosures of similar performance measures. The Company has provided a reconciliation of Adjusted EBITDA to IFRS profit (loss) in the Management’s Discussion and Analysis for the period ended March 31, 2026. Adjusted EBITDA is defined as earnings before interest income, taxes, depreciation and amortization, share-based compensation, and other non-recurring gains and losses. Management believes that Adjusted EBITDA is a useful measure that facilitates period to period operating comparisons. Adjusted EBITDA should not be considered superior to IFRS net income (loss).

About BeWhere

BeWhere (TSXV: BEW, OTCQB: BEWFF) specializes in low-power 5G IoT wide-area tracking technology, creating remote monitoring solutions that address cost, power, and environmental challenges. Over the last 6 years, the company has experienced rapid growth, collaborating with Fortune 500 companies, top resellers and installers to deploy hundreds of thousands of trackers across numerous sectors, including transportation, construction, logistics, utilities, health, and government.

BeWhere’s tracking solutions are designed to be both cost-effective and simple to implement, significantly expanding the scope of assets that can be connected. These connected devices generate data that powers intelligent AI management platforms. By increasing the number of connected devices, BeWhere enhances the capabilities and growth potential of AI solutions.

Follow BeWhere on LinkedIn, Facebook, and YouTube

CONTACT INFORMATION

BeWhere Inc.  

Margaux Berry, Chief Strategy Officer 

1 (844) 229-4373 x 107 

IR@bewhere.com  

Continue reading

BeWhere Holdings Inc. Announces Closing of its C$5.0Million Brokered LIFE Offering, Including Full Exercise ofOver-Allotment Option

Toronto, ON / February 19, 2026 / BeWhere Holdings Inc. (TSX.V:BEW, OTCQB: BEWFF)
(the “Company” or “BeWhere”), is pleased to announce the closing of its previously announced brokered private placement. Canaccord Genuity Corp. acted as lead agent and sole bookrunner, on behalf of a syndicate of agents including Roth Canada Inc. (collectively, the “Agents”), in connection with the commercially reasonable efforts private placement offering, pursuant to which the Company issued an aggregate of 7,150,000 common shares of the Company, including 1,430,000 common shares of the Company sold pursuant to the exercise in full by the Agents of their over-allotment option (each, a “Common Share”, and collectively the “Offered Securities”), at a price of C$0.70 per Common Share (the “Issue Price”) for gross proceeds of C$5,005,000 (the “Offering”). The Offering was conducted pursuant to an agency agreement dated February 19, 2026, between the Company, Canaccord Genuity Corp., and Roth Canada Inc.

The Offering was completed on a private placement basis in reliance on the “listed issuer financing” exemption from the prospectus requirements available under Part 5A.2 of National Instrument 45-106 – Prospectus Exemptions, as modified by Coordinated Blanket Order 45-935 Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the “Listed Issuer Financing Exemption”) in each of the Provinces and Territories of Canada (excluding Québec), and in such other jurisdictions other than Canada pursuant to relevant prospectus or registration exemptions in accordance with applicable laws, provided that no prospectus filing or comparable obligation, ongoing reporting or continuous disclosure requirement or requisite regulatory or governmental approval arises in such jurisdictions. The Common Shares issued under the Listed Issuer Financing Exemption are not subject to a hold period pursuant to applicable Canadian securities laws.

Continue reading

BeWhere Asset Tracking Devices Now Available to Ford Pro Telematics Customers

Toronto, Ontario – February 12, 2026 – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF), an innovative pioneer and provider of low-power 5G IoT wide area asset tracking solutions, today announced that it has completed the commercial soft launch phase of its collaboration with Ford Pro, the commercial division within Ford Motor Company, integrating BeWhere’s suite of innovative devices into  Ford Pro Telematics Software.  Ford Pro customers can now access BeWhere’s fourth-generation tracking solutions—including the BeTen+, BeSol+, and BeWired+ devices with the ability to intelligently switch between indoor/outdoor location technologies —directly through the Ford Pro ecosystem.

“This integration means Ford Pro customers can now track not only their vehicles but also the tools, trailers, and equipment that keep their operations running,” said Brian Boychuk, Chief Commercial Officer at BeWhere. “By delivering this visibility within the Ford Pro Telematics Software they already use, it’s helping customers gain real-time insights that reduce lost equipment, cut operating costs, and ultimately improve return on assets.”

Continue reading

BeWhere and Examinetics Transform Occupational Health with Low Power 5G Asset Tracking

TORONTO, ON. February 9, 2026 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”), a leader in low-power IoT asset tracking solutions, is pleased to announce the release of a new case study featuring Examinetics, a leading provider of mobile occupational health services in the US.

The new case study highlights how Examinetics has used BeWhere’s compact BeMini asset trackers to improve the management of high-value portable medical testing equipment. The deployment keeps track of portable audiometers and screening kits that are critical to Examinetics’ mission to “help America’s workers stay safe, healthy, and productive.”

Continue reading

BeWhere Unveils BeBatt: 5th-Generation IoT Asset Tracker Delivering 10+ Years Battery Life at Unprecedented Price Points

Fifth-generation device combines ultra-low power architecture with enterprise-grade performance for scalable IoT deployments

Toronto, Ontario-February 9, 2026 – BeWhere Holdings Inc. (TSXV: BEW) (OTCQB: BEWFF), a leading innovator in low-power 5G IoT asset tracking solutions, today announced the launch of BeBatt, the first release in its fifth-generation asset tracking device family. Designed to eliminate the hurdles of high cost and frequent maintenance, BeBatt offers enterprise-grade reliability in a compact form factor at the company’s most competitive price point to date.

As industries move toward “connecting everything,” BeBatt provides the economic and operational bridge required for mass-scale adoption. By combining upwards of 10-years of operational lifespan with cost savings, BeWhere is enabling companies to track a wider range of assets that were previously cost-prohibitive to monitor.

Continue reading

Offering Document under the Listed Issuer Financing Exemption

No securities regulatory authority or regulator has assessed the merits of these securities or reviewed this document. Any representation to the contrary is an offence. This Offering (defined below) may not be suitable for you and you should only invest in it if you are willing to risk the loss of your entire investment. In making this investment decision, you should seek the advice of a registered dealer.
These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws, and may not be offered, sold or delivered within the United States or to, or for the account or benefit of, U.S. persons or persons in the United States except in compliance with an exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This Offering Document does not constitute an offer to sell or a solicitation of an offer to buy any of the securities offered hereby within the United States or to, or for the benefit of, U.S. persons or persons in the United States. “United States” and “U.S. person” have the meanings ascribed to them in Regulation S under the U.S. Securities Act.
Offering Document under the Listed Issuer Financing Exemption
February 5, 2026
BEWHERE HOLDINGS INC. (the “Company” or “BeWhere”)

BeWhere Holdings Inc. Announces C$4.0 Million Brokered LIFE Offering

Toronto, ON / February 5, 2026 / BeWhere Holdings Inc. (TSX.V:BEW, OTCQB: BEWFF) (the “Company” or “BeWhere), has entered into an agreement with Canaccord Genuity Corp. to act as lead agent and sole bookrunner, on behalf of a syndicate of agents (collectively, the “Agents”), in connection with a commercially reasonable efforts private placement offering of up to 5,720,000 common shares of the Company (each, a “Common Share”) at a price of C$0.70 per Common Share (the “Issue Price”) for gross proceeds of up to C$4,004,000 (the “Offering”).

In addition, the Company will grant to the Agents an option (the “Over-Allotment Option”) to sell up to that number of additional Common Shares as is equal to 25% of the number of Common Shares issued in connection with the Offering, being 1,430,000 Common Shares, at the Issue Price for additional gross proceeds of up to C$1,001,000. The Common Shares being issued pursuant to the Offering, including any Common Shares issued in connection with the exercise of the Over-Allotment Option, shall be collectively referred to hereinafter as the “Offered Securities” and the term “Offering” shall include the offering of all Offered Securities.  

Continue reading

BeWhere Holdings Inc. Reports Third Quarter 2025 Fiscal Results

TORONTO, ON. November 26, 2025 – BeWhere (TSX-V: BEW, OTCQB: BEWFF) (“BeWhere” or the “Company”),a leader in low-power 5G IoT asset tracking, is pleased to announce its financial results for three months ended September 30, 2025.

Owen Moore, CEO and Co-Founder stated, “This quarter showcases the strength of our execution, the torque in our business model and an unrelenting drive to disrupt the asset tracking and inventory management markets with innovative products and solutions at unprecedented price points. We achieved record product sales and continued to increase Annual Recurring Revenue (ARR), culminating in record Quarterly Revenue of $6.1M”.

Chris Panczuk, COO and Co-Founder stated, “In addition to record top-line performance, our team delivered record Quarterly Adjusted EBITDA of $0.8M and a significant improvement in Gross Profit, increasing 42% year over year, aided by revised supply chain initiatives”.

Continue reading
Scroll to top