Trakopolis IoT Corp. (TSXV: TRAK) has announced that it has entered into an agreement with ESW Holdings Inc., in respect of its $3.0 million secured credit facility. Among other things, the Amending Agreement updates the Company’s reporting obligations and adds a requirement for Trakopolis to report on its ongoing strategic process which involves the identification of capital market alternatives available to it including financing transactions and potential strategic combinations. The strategic review is being conducted by a Special Committee of the Board of Directors with the assistance of external legal and financial advisors. Trakopolis does not intend to comment further regarding the strategic review process unless a specific transaction or other alternative is approved by the Board of Directors of the Company.