Caldwell completes sale of IQTalent assets to WinMil for CAD 4.7 million
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- Caldwell completed the sale of substantially all IQTalent’s net operating assets to WinMil for approximately CAD 4.7 million.
- Cash consideration totaled CAD 3.2 million, subject to exchange-rate changes and a net working capital adjustment.
- Consideration included 1,450,000 Caldwell common shares valued at approximately CAD 1.5 million, using a CAD 1.05 average price over 20 days.
- The shares were canceled, reducing shares outstanding by approximately 4.9%; WinMil will retain the IQTalent name and brand.
- The divestiture sharpens the executive search focus following unmet strategic objectives; a two-year referral agreement preserves collaboration between the firms.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Caldwell Partners International Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202610231825ACCESSWRNAPR_____1240429) on October 23, 2026, and is solely responsible for the information contained therein.
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