Xped Holdings Ltd
Xped Holdings Limited (ASX:XPE) is an Internet of Things (IoT) technology business.
Xped has developed revolutionary and patent protected technology that allows any consumer, regardless of their technical capability, to connect, monitor and control devices and appliances found in our everyday environment. It’s as simple as two people shaking hands. By enabling the Internet of Things, Xped’s ADRC platform will bring benefit to Manufacturers, Retailers, Service Providers and Consumers.
A connection is made by tapping the device or appliance with your smartphone. It’s as simple as that, once connected you can monitor and control that device from anywhere in the world.
This technology not only simplifies how we connect to and interact with devices but also how they are developed, making existing connectivity technologies redundant.
Xped’s Directors have a passion to simplify the way we use technology by making technology human again. If we are able to enable a more human and intuitive way in which we work with technology, the potential to derive greater benefit from its use can be extended to wider sections of our communities.
Nine months following listing the Xped capital raise, it closed early due to an RTO on the ASX through Raya Group Ltd (ASX:RYG) pending an $8 million capital raise.
On 22 February 2016, the Raya Group Prospectus Offer was closed, oversubscribed, having raised $8 million at $0.025 per share.
Current Market Capitalisation: $10M (3/10/2017)