The p oceeds f om the P ivate Placeme t will be used to complete the acquisitio of Aspect I fo matio Systems Ltd. (see the Compa y’s p ess elease of May 4, 2026) ge e al wo ki g capital a d co po ate pu poses.
The secu ities issued will be subject to a fou -mo th a d o e day hold pe iod.
The Compa y will pay a cash fi de s’, a d will issue Sha es to eligible fi de s i acco da ce with applicable secu ities laws a d the policies of the Ca adia Secu ities Excha ge.
The secu ities to be issued pu sua t to the P ivate Placeme t have ot, o will they be egiste ed u de the U ited States Secu ities Act of 1933, as ame ded, a d may ot be offe ed o sold withi the U ited States o to, o fo the accou t o be efit of, U.S. pe so s i the abse ce of U.S. egist atio o a applicable exemptio f om the U.S. egist atio equi eme ts. This ews elease shall ot co stitute a offe to sell o the solicitatio of a offe to buy o shall the e be a y sale of the secu ities i the U ited States o i a y othe ju isdictio i which such offe , solicitatio o sale would be u lawful.
Be tsu JosephCEO
The Ca adia Secu ities Excha ge has i o way passed upo the me its of the Compa y a d has eithe app oved o disapp oved the co te ts of this p ess elease. Neithe the Ca adia Secu ities Excha ge o the Ma ket Regulato (as that te m is defi ed i the policies of the Ca adia Secu ities Excha ge) accepts espo sibility fo the adequacy o accu acy of this elease. This p ess elease co tai s “fo wa d-looki g stateme ts” withi the mea i g of the secu ities laws. Wo ds such as “expects,” “a ticipates,” “i te ds,” “pla s,” “believes,” “seeks,” “estimates” a d simila exp essio s o va iatio s of such wo ds a e i te ded to ide tify fo wa d-looki g stateme ts. Fo wa d-looki g stateme ts a e ot histo ical facts, a d a e based upo ma ageme t’s cu e t expectatio s, beliefs a d p ojectio s, ma y of which, by thei atu e, a e i he e tly u ce tai . Such expectatio s, beliefs a d p ojectio s a e exp essed i good faith. Howeve , the e ca be o assu a ce that ma ageme t’s expectatio s, beliefs a d p ojectio s will be achieved, a d actual esults may diffe mate ially f om what is exp essed i o i dicated by the fo wa d-looki g stateme ts. I additio , we ca ot assu e that a y pate t will be issued as a esult of a pe di g pate t applicatio o , if issued, whethe it will be issued i a fo m that will be adva tageous to us. Fo wa d-looki g stateme ts a e subject to isks a d u ce tai ties that could cause actual pe fo ma ce o esults to diffe mate ially f om those exp essed i the fo wa d-looki g stateme ts. Fo a mo e detailed desc iptio of the isks a d u ce tai ties affecti g the Compa y, efe e ce is made to the Compa y’s epo ts filed f om time to time at seda plus.ca. Fo wa d-looki g stateme ts speak o ly as of the date the stateme ts a e made. The Compa y assumes o obligatio to update fo wa d-looki g stateme ts to eflect o actual esults, subseque t eve ts o ci cumsta ces, cha ges i assumptio s o cha ges i othe facto s affecti g fo wa d-looki g i fo matio except to the exte t equi ed by applicable secu ities laws. If the Compa y does update o e o mo e fo wa d-looki g stateme ts, o i fe e ce should be d aw that the Compa y will make additio al updates with espect the eto o with espect to othe fo wa d-looki g stateme ts. Refe e ces a d li ks to websites have bee p ovided as a co ve ie ce, a d the i fo matio co tai ed o such websites is ot i co po ated by efe e ce i to this p ess elease. The Compa y is ot espo sible fo the co te ts of thi d-pa ty websites.
