INTERMAP TECHNOLOGIES CORP (ITMSF) Form 6-K — Oct 16, 2026
Intermap Technologies completed its acquisition of all outstanding shares of PCI Geomatics Group Inc. on October 7, 2026, via a court-approved plan of arrangement under the Canada Business Corporations Act. PCI is now a wholly-owned Intermap subsidiary. The deal was struck under a July 28, 2026 arrangement agreement for aggregate cash consideration of C$11,000,000, less transaction expenses, with $1,100,000 and $150,000 held in escrow for indemnity and purchase-price-adjustment obligations respectively.
Key figures
- Deal Value Usd
- C$11,000,000
- Closing date
- October 7, 2026
- Expense escrow
- $150,000
- Indemnity escrow
- $1,100,000
- Arrangement agreement date
- July 28, 2026
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