INEO Tech announces board resignations, searches for replacements

August 26, 2025 1:04 PM EDT

INEO Tech Corp. (TSXV: INEO) (OTCQB: INEOF) announced the resignation of two board directors effective August 26, 2025. Kerem Akbas and David Eaton stepped down from their positions as representatives of Coenda Investments Holdings Corp.



Akbas joined the INEO board in October 2024, while Eaton joined in June 2025. Coenda invested in INEO through three transactions between August 2024 and January 2025. The investment firm also serves as the principal investor in Bon Intelligence, which licenses INEO technology.



The Surrey, British Columbia-based company stated it will begin searching for replacement board members. INEO operates through its subsidiary INEO Solutions Inc., which runs the INEO Media Network for digital advertising and analytics solutions for retailers, and INEO Retail Media, an advertising sales provider for in-store retail media.



The company trades on the TSX Venture Exchange and OTCQB markets. Information about the resignations was provided in a company press release.


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