ZenaTech Files 6-K: Drone Patent, Promotions, Acquisitions

Ticker: ZENA · Form: 6-K · Filed: Oct 28, 2024 · CIK: 1997403

Sentiment: neutral

Topics: patent-acquisition, management-promotion, acquisition, filing

TL;DR

ZenaTech just dropped a 6-K: drone patent secured, new execs promoted, and acquisitions on the horizon. Big moves incoming.

AI Summary

ZenaTech, Inc. filed a Form 6-K on October 28, 2024, reporting on several key events. These include the acquisition of a drone design patent, management promotions, and proposed acquisitions. The company is based in Toronto, Canada, and operates in the pre-packaged software industry.

Why It Matters

This filing signals ZenaTech's strategic moves in expanding its intellectual property and potentially its market reach through acquisitions and internal growth.

Risk Assessment

Risk Level: medium — The filing indicates significant strategic activity including patent acquisition and proposed acquisitions, which carry inherent business risks.

Key Numbers

Key Players & Entities

FAQ

What is the specific nature of the drone design patent acquired by ZenaTech?

The filing does not specify the details of the drone design patent, only that Exhibit 99.1 is a press release regarding its acquisition.

Who were the individuals promoted within ZenaTech's management team?

Exhibit 99.2 is a press release regarding management promotions, but the names of the promoted individuals are not listed in the main body of the 6-K.

What types of acquisitions is ZenaTech proposing?

Exhibit 99.3 is a press release regarding proposed acquisitions, but the filing does not detail the nature or target of these proposed acquisitions.

What is ZenaTech's primary industry classification?

ZenaTech, Inc. is classified under SERVICES-PREPACKAGED SOFTWARE [7372].

When does ZenaTech's fiscal year end?

ZenaTech's fiscal year ends on December 31 (1231).

Filing Stats: 172 words · 1 min read · ~1 pages · Grade level 10.2 · Accepted 2024-10-28 14:07:39

Filing Documents

From the Filing

EVENT REPORT - FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2024 Commission File Number 001-41852 ZENATECH, INC. (Translation of registrant's name into English) 69 Yonge Street, Suite 1403 Toronto, Ontario Canada M5E 1K3 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F - 2 - SUBMITTED HEREWITH Exhibits 99.1 Press Release regarding Drone Design Patent Acquisition 99.2 Press Release regarding Management Promotions 99.3 Press Release regarding Proposed Acquisitions - 3 - SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: October 28, 2024 ZENATECH, INC. By: By: /s/ Shaun Passley, Ph.D Name: Shaun Passley, Ph.D Title: Chief Executive Officer

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