Xtract One Technologies Inc. and Madison Square Garden Sports Corp. announced that MSG Sports will invest up to C$13.4 million (US$10 million) in Xtract One, a security technology company that prioritises the patron access experience by leveraging AI.
The initial investment of C$8.4 million (US$6.3 million) is effective immediately, with the subsequent investment of C$5 million (US$3.7 million) being conditional on the approval of Xtract One’s shareholders and all applicable regulatory approvals (together with the “Investment”).
