Latest news with #NeilSweeney
Yahoo
31-07-2025
- Business
- Yahoo
Reklaim Expands Privacy Tools with Real-Time Data Breach Alerts & Vermont Data Broker Opt-Outs for Reklaim Protect Subscribers
New features increase U.S. privacy coverage and help users respond instantly to emerging data threats New York, New York--(Newsfile Corp. - July 31, 2025) - Reklaim Ltd. (TSXV: MYID) (OTC Pink: MYIDF) ("Reklaim" or the "Company"), today announced two new privacy tools available immediately for all Reklaim Protect subscribers at no additional cost. The new features, Breaking Breach Alerts and Vermont Data Broker Opt-Outs, expand the platform's ability to protect consumers in real time while continuing to reduce their overall data footprint. These updates reflect Reklaim's commitment to continuously advancing its privacy-first ecosystem and empowering consumers to take back control of their personal data. "These new tools are about speed and simplicity," said Neil Sweeney, CEO of Reklaim. "When breaches happen, every second counts, and with these alerts, our subscribers are the first to know. At the same time, we continue to scale our opt-out coverage across the U.S., with Vermont being the latest state where Reklaim helps remove your data from the market, automatically and seamlessly." New Features Now Live:Breaking Breach Alerts Subscribers now receive real-time alerts the moment a major data breach occurs. These alerts allow users to take swift action, such as changing passwords or freezing accounts, before their information is exploited. Reklaim Protect is the only privacy company providing this service today. Vermont Data Broker Opt-Outs Reklaim has expanded its U.S. state-level coverage by adding opt-out enforcement in Vermont. As one of the strictest data broker regulatory environments in the country, Vermont's inclusion further protects subscribers from unauthorized data sales and surveillance. This update builds on Reklaim's existing opt-out coverage in California, reinforcing its commitment to state-by-state consumer data protection and taking consumer data removal to over 1,000 companies. These features are now live and included in all Reklaim Protect plans at no additional cost. Reklaim Protect remains one of the most accessible consumer privacy tools on the market, starting at just $1/month or $10/year, offering automated opt-outs from hundreds of data brokers, data removal monitoring, and now, breach alerts and expanded state protections. To subscribe, visit: Image 1 To view an enhanced version of this graphic, please visit: Related News and Releases: Reklaim Expands Protect Internationally & Launches 10k Monthly Jackpot Reklaim Eliminates Outstanding Debenture Reklaim Launches Reklaim Protect - Subscription-Based Privacy for Consumers Reklaim Expands Protect to Include California Opt-Outs Reklaim Introduces Consumer Ownership Program Q1 2025 Financial Results - 73% YoY Revenue Growth and Positive Operating Cash Flow Chapter 6 CEO Letter - Q1 2025: Building Without the Noise Chapter 5 CEO Letter - Q4 2024: Discipline Over Distraction Reklaim Achieves Record Revenue and Positive Cash Flow in FY 2024 About Reklaim Reklaim (TSXV: MYID) (OTC Pink: MYIDF) is a pioneer in consumer data privacy and compliant data monetization. Through its mobile app, Reklaim empowers users to take control of their personal data — choosing how it's used, who can access it, and how they benefit. Users can earn rewards, including shares in Reklaim (MYID), for participating in a transparent, privacy-first data economy. For those looking to protect rather than monetize their data, Reklaim offers Reklaim Protect. This subscription service reduces a user's digital footprint by removing their data from brokers and people-finder sites while actively monitoring the dark web for breaches. For further information, please contact:E: investorrelations@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
25-06-2025
- Business
- Cision Canada
Reklaim Eliminates Outstanding Debenture, Signalling Strong Momentum and Capital Discipline
The elimination of the debenture reflects improved financial discipline and a long-term strategic focus. NEW YORK, June 25, 2025 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTCQB: MYIDF) ("Reklaim" or the "Company"), a data-powered platform that empowers consumers to access, protect, and monetize their data, today announced that it has officially eliminated its outstanding debenture. This milestone marks a significant turning point in Reklaim's financial evolution, with a streamlined capital structure that reflects growing profitability, operational discipline, and long-term alignment with shareholders. "Removing the debenture was always the goal for 2025. We're glad to have it behind us so we can focus on the growth of the business," said Neil Sweeney, CEO of Reklaim. The debenture was fully retired using proceeds from the exercise of 8.4 million warrants at $0.10. An additional 10.9 million warrants expired unexercised during the same period, further simplifying the Company's capital structure. Capital Structure Improvements The elimination of the debenture, combined with the expiry of outstanding warrants, has materially strengthened Reklaim's capital structure, further aligning the Company with long-term investors. The table below illustrates these changes as of June 24, 2025: Before (March 31, 2025) vs. After (June 24, 2025): Shares Outstanding: 118.0M → 126.4M Warrants: 26.1M → 3.04M Options/RSUs: 10.9M → 10.9M Insiders: 35% → 35% Cash: $350K → $427K Secured Debenture: $670K → $0K With fewer warrants, no secured debenture, and improved cash on hand, Reklaim enters the second half of 2025 with greater financial flexibility and reduced dilution overhang. Financial Performance Overview The elimination of Reklaim's debenture follows a year of record financial performance in 2024, including 24% year-over-year revenue growth, 82% gross margins, and a 282% increase in operating cash flow. That momentum carried into Q1 2025, where the Company reported a 73% increase in revenue compared to Q1 2024, positive EBITDA, and continued gross margins above 80%. About Reklaim Ltd. Reklaim (TSXV: MYID) (OTCQB: MYIDF) enables consumers to take control of their data. Through its mobile app, users can access, protect, or monetize their data with complete transparency. Reklaim partners with global brands to power data use that is both privacy-compliant and consumer-approved. The Company also offers Reklaim Protect, a subscription-based service that removes personal data from data brokers, monitors the dark web for breaches, and helps reduce a user's digital footprint. Reklaim continues to focus on disciplined growth, operational leverage, and long-term value creation. Investors can follow updates at Forward-Looking Statements This press release contains forward-looking statements. Please refer to our filings and disclosures for additional risk factors. SOURCE Reklaim Ltd.
Cision Canada
20-06-2025
- Business
- Cision Canada
Reklaim Expands 'Protect' to Include California Opt-Outs, Ad Tech Removal, and Family Protection
Subscribers' data is now automatically removed from California-registered data brokers, as well as enterprise and DSP platforms TORONTO, June 20, 2025 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) ("Reklaim" or the "Company"), a leader in consumer data privacy and compliant data monetization, today announced a significant update to Reklaim Protect, its privacy subscription service that helps users shrink their digital footprint. With this latest release, Reklaim Protect now automatically removes subscriber data from companies listed in California's official data broker registry, as well as enterprise data platforms and demand-side platforms (DSP s) used in digital advertising. These new capabilities further strengthen Reklaim's position as a privacy-first alternative for consumers who want to opt out of the data economy and reduce the availability of their information for sale, targeting, or unauthorized use. "Removing your data from these platforms is about cutting off the source," said Neil Sweeney, Founder and CEO of Reklaim. "Brokers, fraudsters, and bad actors all rely on the same data supply to power their models. If you don't proactively reduce your footprint, your information remains exposed and in circulation. By integrating the California registry, we're cutting subscribers off from one of the largest data pipelines in the world." Key Features of Reklaim Protect (V2) California Data Broker Registry Opt-Out Reklaim subscribers' data is now automatically removed from data brokers listed in California's official registry, the largest of its kind in the world, with a single digital signature inside the Reklaim app. This step leverages state privacy laws to disconnect consumers from some of the most active and persistent data sellers in the U.S. View the official registry ➝ Enterprise & DSP Data Removal Reklaim now facilitates opt-outs from enterprise data platforms and demand-side platforms (DSPs) used by advertisers to profile and target consumers, helping reduce unwanted surveillance and behavioural tracking. Family-Wide Monitoring Protect Subscribers, who are also members of Reklaim Rewards, can also monitor up to 10 verified email addresses for dark web breaches, extending protection to family members and close contacts. These enhancements build on the original features of Reklaim Protect, which include: Reklaim Protect is available to Reklaim subscribers in Canada and the United States, offering a 14-day free trial and ongoing access for just $1/month or $10/year. The service is fully integrated into the Reklaim mobile and web app experience.
Cision Canada
12-06-2025
- Business
- Cision Canada
Reklaim Introduces Consumer Ownership Program -- A New Model for Shareholder Participation
Canadians can now redeem points for MYID shares at no cost or dilution, bringing more visibility and retail investor interest to Reklaim TORONTO, June 12, 2025 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) ("Reklaim" or the "Company"), a pioneer in consumer data privacy and monetization, today announced the official launch of Reklaim Invest, a first-of-its-kind program that allows Canadian users of the Reklaim platform to redeem their accumulated points for publicly traded shares in Reklaim (MYID) - offering a new way to invest in a public company using loyalty rewards. This initiative represents a broader strategic shift, one that turns engaged users into long-term shareholders, reduces reliance on paid acquisition, and deepens consumer alignment with the Company's mission. Reklaim is the first company in Canada — and, to our knowledge, the first globally — to offer consumers the ability to convert loyalty points into equity in a publicly listed company. Key Program Features No dilution: All shares issued are offset 1:1 in a separate transaction via Reklaim's TSX-approved share buyback Normal Course Issuer Bid (NCIB) Zero cost: Consumers pay nothing to participate, but must be a Reklaim member Self-custody DRS: Shares issued via the Direct Registration System (DRS) — a secure, non-custodial shareholding method for direct retail investors Regulatory compliance: Shares are subject to a mandatory four-month hold period A New Model for Ownership: Reklaim Invest Reklaim Invest functions similarly to a Dividend Reinvestment Plan (DRIP) — but instead of dividends, Reklaim users passively earn shares in Reklaim (MYID) by redeeming points earned through sharing their data with Fortune 500 brands and agencies. The program is currently available only to Canadian users and is free to participate. The share redemption program has been operating in beta over the past six months, during which Reklaim completed multiple redemption cycles and integrated all required disclosures, regulatory agreements, and electronic signature flows directly within the Reklaim app. The current redemption window is now open and will close on July 1, 2025. The Creation of a Public Market DAO "With Reklaim Invest, we wanted our users and investors to be the same — giving them real equity, real ownership, and real say," said Neil Sweeney, CEO of Reklaim. "While others have tried this in crypto, we believe the public markets are already the best version of that idea. No tokens — just compliance, access, and real stock." "This program shifts the narrative from selling your data to investing in you. It also lays the foundation for Reklaim to evolve into a broader fintech platform, with future offerings. Strategic Value Creation This program expands Reklaim's retail shareholder base, increases user engagement, and reinforces the brand as a privacy-first alternative to traditional data platforms. It introduces a new class of long-term, like-minded investors, many of whom are engaging with Reklaim for the first time. With this launch, the Reklaim user and the Reklaim investor become one and the same: a compounding force that deepens alignment, loyalty, and advocacy. More Ways to Take Control: Reklaim Protect Reklaim Invest builds on the momentum of Reklaim Protect, a new subscription-based privacy service launched two weeks ago that empowers users to reduce their data footprint across the internet. Protect scans data broker networks for personal information, facilitates opt-outs, and monitors the dark web for potential breaches, giving users more visibility and security over how their data is used. Together, Reklaim Invest and Reklaim Protect represent a broader evolution of Reklaim's platform: giving consumers the tools to protect, monetize, or invest in their data on their own terms. About Reklaim Reklaim (TSXV: MYID, OTC: MYIDF) is a pioneer in consumer data privacy and compliant data monetization. Through its mobile app, Reklaim empowers users to take control of their personal data — choosing how it's used, who can access it, and how they benefit. Users can earn rewards, including shares in Reklaim (MYID), for participating in a transparent, privacy-first data economy. For those looking to protect rather than monetize their data, Reklaim offers Reklaim Protect — a subscription service that reduces a user's digital footprint by removing their data from brokers and people-finder sites while actively monitoring the dark web for breaches. To learn more, visit Meta description (max ~155 characters): SOURCE Reklaim Ltd.
Yahoo
12-06-2025
- Business
- Yahoo
Reklaim Introduces Consumer Ownership Program -- A New Model for Shareholder Participation
Canadians can now redeem points for MYID shares at no cost or dilution, bringing more visibility and retail investor interest to Reklaim TORONTO, June 12, 2025 /CNW/ - Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) ("Reklaim" or the "Company"), a pioneer in consumer data privacy and monetization, today announced the official launch of Reklaim Invest, a first-of-its-kind program that allows Canadian users of the Reklaim platform to redeem their accumulated points for publicly traded shares in Reklaim (MYID) - offering a new way to invest in a public company using loyalty rewards. This initiative represents a broader strategic shift, one that turns engaged users into long-term shareholders, reduces reliance on paid acquisition, and deepens consumer alignment with the Company's mission. Reklaim is the first company in Canada — and, to our knowledge, the first globally — to offer consumers the ability to convert loyalty points into equity in a publicly listed company. Key Program Features No dilution: All shares issued are offset 1:1 in a separate transaction via Reklaim's TSX-approved share buyback Normal Course Issuer Bid (NCIB) Zero cost: Consumers pay nothing to participate, but must be a Reklaim member Self-custody DRS: Shares issued via the Direct Registration System (DRS) — a secure, non-custodial shareholding method for direct retail investors Regulatory compliance: Shares are subject to a mandatory four-month hold period A New Model for Ownership: Reklaim Invest Reklaim Invest functions similarly to a Dividend Reinvestment Plan (DRIP) — but instead of dividends, Reklaim users passively earn shares in Reklaim (MYID) by redeeming points earned through sharing their data with Fortune 500 brands and agencies. The program is currently available only to Canadian users and is free to participate. The share redemption program has been operating in beta over the past six months, during which Reklaim completed multiple redemption cycles and integrated all required disclosures, regulatory agreements, and electronic signature flows directly within the Reklaim app. The current redemption window is now open and will close on July 1, 2025. The Creation of a Public Market DAO "With Reklaim Invest, we wanted our users and investors to be the same — giving them real equity, real ownership, and real say," said Neil Sweeney, CEO of Reklaim. "While others have tried this in crypto, we believe the public markets are already the best version of that idea. No tokens — just compliance, access, and real stock." "This program shifts the narrative from selling your data to investing in you. It also lays the foundation for Reklaim to evolve into a broader fintech platform, with future offerings. Strategic Value Creation This program expands Reklaim's retail shareholder base, increases user engagement, and reinforces the brand as a privacy-first alternative to traditional data platforms. It introduces a new class of long-term, like-minded investors, many of whom are engaging with Reklaim for the first time. With this launch, the Reklaim user and the Reklaim investor become one and the same: a compounding force that deepens alignment, loyalty, and advocacy. More Ways to Take Control: Reklaim Protect Reklaim Invest builds on the momentum of Reklaim Protect, a new subscription-based privacy service launched two weeks ago that empowers users to reduce their data footprint across the internet. Protect scans data broker networks for personal information, facilitates opt-outs, and monitors the dark web for potential breaches, giving users more visibility and security over how their data is used. Together, Reklaim Invest and Reklaim Protect represent a broader evolution of Reklaim's platform: giving consumers the tools to protect, monetize, or invest in their data on their own terms. Learn more about Reklaim Invest: Learn more about Reklaim Protect: About Reklaim Reklaim (TSXV: MYID, OTC: MYIDF) is a pioneer in consumer data privacy and compliant data monetization. Through its mobile app, Reklaim empowers users to take control of their personal data — choosing how it's used, who can access it, and how they benefit. Users can earn rewards, including shares in Reklaim (MYID), for participating in a transparent, privacy-first data economy. For those looking to protect rather than monetize their data, Reklaim offers Reklaim Protect — a subscription service that reduces a user's digital footprint by removing their data from brokers and people-finder sites while actively monitoring the dark web for breaches. To learn more, visit Meta description (max ~155 characters): Reklaim launches a first-of-its-kind program, allowing Canadians to redeem points for MYID shares — with no fees, no dilution, and full share ownership. View original content to download multimedia: SOURCE Reklaim Ltd. View original content to download multimedia: Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
