For CONFIDENTIAL Updates to investors go to the Confidential Page for Investors.<\/p>\n
December 22, 2025<\/strong><\/span>. Actenum Corp, a startup in which WUTIF invested $175K in 2004 and 2006 was acquired by Prometheus Group. WUTIF’s proceeds were $1.6M.<\/p>\n November 1, 2025<\/strong><\/span>. Carbon Engineering 3rd and final payout received by WUTIF.<\/p>\n October 23, 2024<\/strong><\/span>, Interpodia Technology corp is acquired by a U.S. based software company.<\/p>\n October 1, 2024<\/strong><\/span>, WUTIF holds Annual General Meeting via Zoom call. 43.9% of outstanding shares were voted in favour of all resolutions.<\/p>\n Sep 23, 2024<\/strong><\/span>, WUTIF releases Annual Report for the 2024 fiscal year – available on the confidential page at wutif.ca<\/a>.<\/p>\n Sep 11, 2024<\/strong><\/span>, WUTIF announces that it’s Annual General Meeting will be held on Oct 1, 2024.<\/p>\n July 1, 2024<\/strong><\/span>, WUTIF completes its 21st year. During the year, there were four exits. WUTIF will be offering redemptions to investors later this year.<\/p>\n June 24, 2024<\/strong><\/span>, Mergebase Software is acquired by Finite State Inc of Ohio for a combination of cash and shares.<\/p>\n Nov 6, 2023<\/strong><\/span>, Sale of Carbon Engineering to Occidental Petroleum at CAD$2.1 Billion valuation completed. WUTIF is now offering share redemptions and rollovers to shareholders.<\/p>\n Sep 27, 2023<\/strong><\/span>, WUTIF held its 20th Annual General Meeting in Person. 68.7% of outstanding shares were voted in favour of all resolutions.<\/p>\n Sep 15, 2023<\/strong><\/span>, WUTIF is offering shares at $27.00 per share until December 31, 2023. These shares qualify for the 30% refundable tax credit. Up to 58,500 shares are available.<\/p>\n Aug 16, 2023<\/strong><\/span>, Occidental (NYSE: OXY) will acquire the ~68% of Carbon Engineering\u2019s equity not already owned by it for total cash consideration of approximately US$1.1 billion. This represents US$329 per share to be made in three annual payments.<\/p>\n Feb 10, 2023<\/strong><\/span>, GuardRFID, a company in which WUTIF invested $102K almost 15 years ago, is being acquired by HID Global for $8.5M which will result in a payout of approximately $360K.<\/p>\n Jan 16, 2023<\/strong><\/span>, WUTIF receives a 2023 tax credit allocation allowing us to raise $2 million against which we can issue 30% redeemable tax credits.<\/p>\n Feb 28, 2023<\/strong><\/span>, WUTIF closes $1,045,071 in new share subscriptions at $27\/share from Nov 2022 to Feb 2023.<\/p>\n Sep 29, 2022<\/strong><\/span>, WUTIF held its 19th Annual General Meeting via zoom. 75.3% of outstanding shares were voted in favour of all resolutions.<\/p>\n Feb 28, 2022<\/strong><\/span>, WUTIF closes $3,428,275 in new share subscriptions at $25\/share in January & February 2022.<\/p>\n Nov 30, 2021<\/strong><\/span>, WUTIF completes $1.2M in share redemptions.<\/p>\n Sept 17, 2021<\/strong><\/span>, WUTIF announces date of Annual General Meeting: Thurs, Oct 28 at 4pm via ZOOM.<\/p>\n Sept 8, 2021<\/strong><\/span>, WUTIF Investee, Redlen Technologies Inc., a Victoria-based X-ray imaging company, is acquired by Canon Inc at a valuation of US$335M.<\/p>\n June 11, 2021<\/span><\/strong>, WUTIF closed its May 2021 offering of shares raising $1.6M in new capital for investing in startups.\u00a0 WUTIF’s target for this raise was $920K which was substantially exceeded. Shares were offered to accredited investors\u00a0 for $23\/share.<\/p>\n Mar 15,<\/strong> 2021,<\/span> Veracyte, Inc<\/a>. (Nasdaq: VCYT) announced <\/a>it has completed its USD$600M cash acquisition of Decipher Biosciences, Inc. of San Diego to further solidify its global leadership in genomic diagnostics. Decipher, formerly named GenomeDx was founded in Vancouver BC. Bruce Schmidt, a WUTIF director, was a co-founder.<\/p>\n Feb 9, 2021<\/strong><\/span>, WUTIF’s Investee, Tantalus Systems<\/a> Holding Inc, begins trading on the TSX Venture Exchange under the ticker symbol GRID as a result of a reverse takeover by Risetech Capital.<\/span><\/p>\n Jan 4, 2021<\/strong><\/span>, WUTIF announces first half of fiscal year 2021 financial results reporting a net profit of $814K as a result of four liquidity events.<\/p>\n Dec 31, 2020<\/strong><\/span>, WUTIF completes share redemptions and closes a private placement for $1.8M at $22.00 per share.<\/p>\n Nov 19, 2020<\/span>,<\/strong> WUTIF Investee, Moore & Gaspercz (dba ehsAI) is acquired by Intelex resulting in an immediate payout of 3 times our investment of $130K made 11 months earlier for an annualized return of 272%. Additional proceeds may be realized depending on holdbacks.<\/p>\n Nov 2, 2020,<\/strong><\/span> WUTIF announces share redemptions and new investment offering at $22.00 per share for which 30% refundable tax credits<\/span> are available. Oct 31, 2020<\/strong><\/span>, WUTIF Investee, Clevest Solutions Inc. is acquired by Swedish Firm, IFS Holdings resulting in a total payout of $600K on an investment of $100K.<\/p>\n July 16, 2020<\/strong><\/span>, WUTIF Investee, Aquatic Informatics is acquired by Danaher Corp (US) resulting in a total payout of $815K on an investment of $109K.<\/p>\n Sep 30, 2019<\/strong><\/span>, WUTIF wins lawsuit against Mazza Innovations for not honouring its seed round liquidation preference thereby receiving an additional $150K in proceeds.<\/p>\n July 26, 2019<\/strong><\/span>, WUTIF Investee, Ecotagious Inc is acquired by Simple Energy Inc (USA) for US$12.5 million. WUTIF’s payout is $306K on two investments of $50K – in under 3 years.<\/p>\n March 13, 2019<\/span><\/strong> WUTIF Investee Company, Neurio Inc. (formerly Energy Aware Inc.), is acquired by Generac Holdings (NYSE:GNRC). WUTIF was one of the early investors in Neurio in 2007. The impact on WUTIF\u2019s share value is substantial.\u00a0 WUTIF will realize proceeds in excess of $3 million for the sale of its shares in Neurio. Check the News Release<\/a> from Generac.<\/p>\n","protected":false},"excerpt":{"rendered":" For CONFIDENTIAL Updates to investors go to the Confidential Page for Investors. December 22, 2025. Actenum Corp, a startup in which WUTIF invested $175K in 2004 and 2006 was acquired by Prometheus Group. WUTIF’s proceeds were $1.6M. November 1, 2025. Carbon Engineering 3rd and final payout received by WUTIF. October 23, 2024, Interpodia Technology corp … <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/posts\/372"}],"collection":[{"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/comments?post=372"}],"version-history":[{"count":26,"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/posts\/372\/revisions"}],"predecessor-version":[{"id":1447,"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/posts\/372\/revisions\/1447"}],"wp:attachment":[{"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/media?parent=372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/categories?post=372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wutif.ca\/index.php\/wp-json\/wp\/v2\/tags?post=372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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