ZenaTech Reports Multiple Acquisitions and Projects

Ticker: ZENA · Form: 6-K · Filed: Dec 16, 2024 · CIK: 1997403

Sentiment: mixed

Topics: acquisition, partnership, new-product, technology

TL;DR

ZenaTech's busy December: multiple acquisitions, military partnerships, and a quantum drone project announced.

AI Summary

ZenaTech, Inc. filed a Form 6-K on December 16, 2024, reporting several key events. These include press releases concerning Data-as-a-Service (DaaS) acquisitions, the acquisition of a land survey company, partnerships to enable military business, the Spider Vision product, a second land survey company acquisition, and a Quantum Computing Drone Project.

Why It Matters

This filing indicates significant strategic activity for ZenaTech, Inc., including expansion through acquisitions and development in new technological areas, which could impact its market position and future growth.

Risk Assessment

Risk Level: medium — The filing details multiple strategic initiatives and acquisitions, which carry inherent execution and integration risks.

Key Players & Entities

FAQ

What specific DaaS acquisitions did ZenaTech, Inc. announce?

The filing lists a press release regarding DaaS Acquisitions as Exhibit 99.1, but does not provide specific details of the acquisitions within the provided text.

How many land survey companies did ZenaTech, Inc. acquire?

ZenaTech, Inc. announced the acquisition of a land survey company (Exhibit 99.2) and a second land survey company (Exhibit 99.5).

What is the purpose of the partnerships mentioned?

The partnerships are intended to enable military business, as indicated by Exhibit 99.3.

What is 'Spider Vision'?

The filing mentions a press release regarding Spider Vision as Exhibit 99.4, but does not provide details about the product itself.

What is the Quantum Computing Drone Project?

Exhibit 99.6 refers to a Quantum Computing Drone Project, but the provided text does not contain further details about this project.

Filing Stats: 204 words · 1 min read · ~1 pages · Grade level 10.2 · Accepted 2024-12-16 10:48:29

Filing Documents

From the Filing

EVENT REPORT - FORM 6-K Current 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 December 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 DaaS Acquisitions 99.2 Press Release regarding Land Survey Company Acquisition 99.3 Press Release regarding Partnerships to Enable Military Business 99.4 Press Release regarding Spider Vision 99.5 Press Release regarding Second Land Survey Company Acquisition 99.6 Press Release regarding Quantum Computing Drone Project - 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: December 16, 2024 ZENATECH, INC. By: By: /s/ Shaun Passley, Ph.D Name: Shaun Passley, Ph.D Title: Chief Executive Officer

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