SpotLite360 IOT Solutions, Inc.
LITE.CN
Canadian Securities Exchange0.02
CAD
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SpotLite360 IOT Solutions, Inc.
LITE.CN
(Canadian Securities Exchange)
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0.02
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yld
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ROIC.AI
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- SpotLite360 IOT Solutions, Inc. (CSE: LITE) develops and provides software-as-a-service (SaaS) platforms for enterprise supply chain tracing, tracking, collaboration, and sustainability reporting, leveraging Internet of Things (IoT) sensors, radio-frequency identification (RFID), blockchain, and analytics technologies; its core products built on the Keychain cloud-based platform include SpotLite360 Collect, a custom enterprise-wide IoT infrastructure for real-time asset condition, location, and movement monitoring; SpotLite360 Control Tower, a central asset management platform integrating with ERP systems for tracking, ESG reporting, inventory management, and forecasting; SpotLite360 Verify, a secure data-sharing tool with blockchain validation for proof of origin, authenticity, and chain of custody; SpotLite360 ESG, a solution automating sustainability and regulatory reporting to standards like SASB and GRI with performance alerts; and SpotLite360 Connect, an API library enabling rapid integration with enterprise software and devices. The company targets pharmaceutical, healthcare, agriculture, and logistics industries, serving enterprise customers seeking supply chain visibility, compliance, resiliency, and ESG proof to consumers, regulators, and partners, with operations in Canada and the United States. Founded prior to its 2021 public listing on the Canadian Securities Exchange and headquartered in Vancouver, British Columbia, SpotLite360 maintains a wholly owned subsidiary, Reti Capital Corp., acquired in August 2022 along with digital media firm Back to the Digital and an exclusive global license to Encapsa data storage technology. Recent developments include a non-binding letter of intent in December 2022 and February 2024 to acquire TrackX Holdings Inc., enhancing its IoT asset management and supply chain capabilities following a prior licensing agreement; a definitive agreement in March 2022 to acquire majority interest in E3 Service Group for expanded agricultural solutions, later terminated; debt reduction and stock option grants in February 2024; revocation of a management cease trade order in May 2023; and strategic go-to-market initiatives emphasizing consumer-facing ESG and sustainability proofs.