Digital asset ma kets have co ti ued to expe ie ce pe iods of sig ifica t volatility, eflecti g cha gi g mac oeco omic co ditio s, liquidity, i vesto se time t a d developme ts ac oss the b oade digital asset secto . The Co po atio co ti ues to mo ito these co ditio s as pa t of the o goi g ma ageme t of its assets a d capital esou ces.
As p eviously disclosed, the Co po atio mai tai s a po tfolio of digital assets, co sisti g p ima ily of HBAR, the ative c yptocu e cy of the Hede a etwo k, alo g with smalle esidual holdi gs of ETH a d USDC. HBAR co ti ues to ep ese t the substa tial majo ity of the Co po atio ‘s digital asset holdi gs.
The Co po atio co ti ues to actively mo ito its digital asset po tfolio i the co text of ma ket co ditio s, liquidity equi eme ts a d its b oade capital allocatio p io ities. F om time to time, the Co po atio may dete mi e that it is app op iate to mo etize all o a po tio of its digital asset holdi gs i o de to ma age ma ket exposu e, suppo t ge e al co po ate a d wo ki g capital equi eme ts, o p ovide flexibility to pu sue st ategic oppo tu ities. No assu a ce ca be p ovided as to the timi g, amou t o p ici g of a y such t a sactio s.
The Co po atio also co ti ues to evaluate its ove all busi ess st ategy a d pote tial oppo tu ities i te ded to c eate lo g-te m value fo sha eholde s. This i cludes assessi g oppo tu ities i volvi g its existi g assets a d i f ast uctu e, pote tial busi ess combi atio s, i vestme ts, pa t e ships a d othe st ategic t a sactio s. A y such assessme ts emai subject to o goi g eview, ma ket co ditio s, due dilige ce, egulato y co side atio s a d the availability of suitable oppo tu ities. The e ca be o assu a ce that a y pa ticula oppo tu ity will esult i a defi itive t a sactio .
As pa t of its o goi g co po ate matte s, the Co po atio has e te ed i to a amicable settleme t ag eeme t with a fo me di ecto to esolve ce tai litigatio betwee the pa ties. The te ms of the settleme t a e co fide tial. The settleme t was e te ed i to without a y admissio of fault, w o gdoi g o liability by the Co po atio . I o de to fully a d fi ally esolve the matte a d avoid the co ti ued cost a d dist actio of litigatio , the Co po atio has ag eed to pay US$250,000 pu sua t to the settleme t. The settleme t p ovides fo the dismissal, with p ejudice, of all claims asse ted i the litigatio . I acco da ce with the te ms of the settleme t, the Co po atio does ot i te d to make a y fu the public stateme ts ega di g the settleme t o disclose additio al details.
Immutable Holdi gs is a collectio of busi esses withi the digital assets ecosystem o a missio to build busi esses a d p oducts that i c ease the awa e ess, access, a d adoptio of digital assets. Fou ded by Jo da F ied, a membe of the fou di g team of the Hede a Hashg aph etwo k, the Compa y has lau ched a d ope ated busi ess ve tu es i seve al ve ticals, ac oss asset ma ageme t, NFTs, media, a d educatio . This has i cluded Immutable Asset Ma ageme t, NFT.com, Immutable Media, 1-800-Bitcoi , a d HBAR Labs. The Compa y’s app oach has bee to evaluate ma ket oppo tu ities as they a ise a d to build busi esses that ca suppo t the g owth of the digital asset ecosystem. Fo fu the i fo matio ega di g Immutable Holdi gs, visit https://immutableholdi gs.com/ a d see the Co po atio ‘s disclosu e docume ts o SEDAR+ at www.seda plus.ca.
Billy Baxte , I te im CFO a d Head of Co po ate Developme t & Ope atio s
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This ews elease co tai s ce tai stateme ts which co stitute fo wa d-looki g stateme ts o i fo matio u de applicable Ca adia secu ities laws, i cludi g without limitatio , stateme ts ega di g the Co po atio ‘s digital asset po tfolio (i cludi g its HBAR holdi gs), the timi g a d ability of the Co po atio to execute its st ategic i itiatives a d delive lo g-te m value fo sha eholde s, a d a y stateme ts elati g to pote tial st ategic t a sactio s a d oppo tu ities. Such fo wa d-looki g stateme ts a e subject to ume ous k ow a d u k ow isks, u ce tai ties a d othe facto s, some of which a e beyo d the Co po atio ‘s co t ol, which could cause actual esults o eve ts to diffe mate ially f om those stated, a ticipated o implied i the fo wa d-looki g stateme ts. These isks a d u ce tai ties i clude, without limitatio , cha ges to applicable laws o the egulato y sphe e i which the Co po atio ope ates, isks elati g to the volatility of digital asset ma kets, cha ges i digital asset p ici g, liquidity co ditio s a d egulato y developme ts affecti g digital assets, ge e al eco omic a d capital ma kets co ditio s, stock ma ket volatility a d the othe isks disclosed i the Co po atio ‘s a ual i fo matio fo m dated Ma ch 31, 2026 a d othe disclosu e docume ts available o the Co po atio ‘s p ofile at www.seda plus.ca. The fo egoi g is ot a exhaustive list of facto s that may affect the Co po atio ‘s fo wa d-looki g stateme ts. Othe isks a d u ce tai ties ot p ese tly k ow to the Co po atio a d/o ot specifically efe e ced he ei could also cause actual esults o eve ts to diffe mate ially f om those exp essed i its fo wa d-looki g stateme ts. The fo wa d-looki g stateme ts co tai ed he ei a e based o a umbe of assumptio s, i cludi g assumptio s ega di g ma ket co ditio s, the availability of st ategic oppo tu ities, egulato y co ditio s a d equi eme ts, a d the Co po atio ‘s ability to execute its busi ess objectives.
Although the Co po atio believes that the fo wa d-looki g stateme ts i this ews elease a e easo able, they a e based o facto s a d assumptio s, based o cu e tly available i fo matio , co ce i g futu e eve ts, which may p ove to be i accu ate. As such, eade s a e cautio ed ot to place u due elia ce o the fo wa d-looki g stateme ts, as o assu a ce ca be p ovided as to futu e pla s, ope atio s, esults, levels of activity o achieveme ts. The fo wa d-looki g stateme ts co tai ed i this ews elease a e made as of the date of this ews elease a d, except as equi ed by applicable law, the Co po atio does ot u de take a y obligatio to publicly update o to evise a y of the fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe wise.
