The Montreal-based payments software firm is planning to go “deep into” its strategic review’s priorities during its investor day in November, founder and CEO Dax Dasilva said at the Elevate tech conference in Toronto on Wednesday. (The Logic)

Talking point: “This is a new phase for Lightspeed—that’s why I’m back,” Dasilva said onstage, referring to his return as CEO in February. His comments come after Lightspeed announced last week that it is undergoing a strategic review, and the company has reportedly hired investment bankers from JPMorgan Chase to solicit buyers. Lightspeed has struggled to buff up its stagnant share price, despite beating expectations on revenue growth last quarter and an improved full-year outlook for adjusted EBITDA profitability. The firm has tried layoffs, made plans to sublease a portion of its headquarters and shook up its leadership. At Elevate, Dasilva added Lightspeed is seeking more meaningful ways to integrate AI as part of its strategic review, to get businesses “excited” to use the firm’s platform.