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mCloud Evaluates Alternatives with BuildingIQ Resulting from Material Misrepresentations Found During Due Diligence
VANCOUVER , March 22, 2020 /CNW/ – mCloud Technologies Corp. (TSX-V: MCLD, MCLD.DB) (MCLDF) (“mCloud” or the “Company”), a leading provider of asset management solutions combining IoT, cloud computing, artificial intelligence (“AI”), and analytics, today announced it is evaluating alternative arrangements with BuildingIQ (BIQ.AX) as a result of material misrepresentations mCloud identified during due diligence.
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