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M&A / Property

Ndatalyze cancels reverse takeover with FoodCo

By The Northwire Desk — AI Analysis Jan 22, 2026 · 21:01 NDAT · None Ndatalyze Corp
NDAT · Price

Executive Summary

  • Ndatalyze Corp. terminates its proposed reverse takeover with Vancouver‑based private company FoodCo due to FoodCo’s delays and default on the binding MOU.
  • The termination is a material negative development, ending the anticipated transaction that would have provided a public listing pathway for FoodCo and potential capital for Ndatalyze.
  • Ndatalyze will continue commercializing its Epitome hockey‑performance app and will seek alternative RTO candidates while applying to reinstate its shares on the Canadian Securities Exchange.

Key Details

  • Termination Reason: FoodCo failed to meet agreed timelines and defaulted on specific terms of the binding memorandum of understanding dated August 1, 2025.
  • Original Announcement: The proposed RTO was initially announced on August 5, 2025.
  • Impact on Listing: Ndatalyze plans to apply for reinstatement of its shares on the Canadian Securities Exchange (CSE) following the termination.
  • Future Plans: Ndatalyze will continue commercialization of its “Epitome” predictive performance application for hockey and will actively search for new RTO partners.
  • Safe Harbor Statement: The release includes a standard forward‑looking safe harbor disclaimer.
Read the original news release →

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