Northwire Canada EditionWednesday, July 29, 2026
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M&A / Property

Intellistake Technologies Corp. Signs Letter of Intent to Acquire Premier AI-Web3 Venture Accelerator Singularity Venture Hub

ISTK · Price

Executive Summary

  • Intellistake Technologies Corp. entered a non‑binding LOI to acquire 100% of Singularity Venture Hub (SVH) for approximately C$25 million in Intellistake common shares at C$1.78 per share.
  • The acquisition would bring SVH’s US$90 M of digital assets under management and its US$250 M portfolio valuation, along with institutional‑grade treasury, incubation and web3 advisory capabilities.
  • Upon closing, SVH founder Mario Casiraghi would join Intellistake’s Board of Directors; the deal is arm’s‑length, assumes no long‑term debt, and targets definitive agreement within ~45 days and closing 60 days thereafter.

Key Details

  • Transaction Structure: Purchase of all outstanding SVH securities; consideration – C$25 M worth of Intellistake common shares (≈14,044,943 shares).
  • Share Terms: Shares to be issued at C$1.78 per share, subject to escrow and customary trading restrictions.
  • Valuation Highlights (unaudited): SVH manages >US$90 M in digital assets; token portfolio valuation of US$250 M*.
  • Board Appointment: Mario Casiraghi (SVH founder, Group CFO of SingularityNET Foundation) to be appointed to Intellistake’s Board post‑closing; potential management services agreement.
  • Strategic Rationale: Adds institutional treasury platform, validator infrastructure, and token reserve expertise to strengthen Intellistake’s decentralized AI offering for traditional investors.
  • Closing Conditions: Satisfactory due diligence, execution of definitive agreement (including representations, warranties, covenants, indemnities), CSE no‑objection, and any required SVH shareholder approvals.
  • Timeline: Definitive Agreement expected within ~45 days; closing targeted ~60 days after that.
  • Related Agreements: Intellistake also entered a 12‑month PR/IR services agreement with Think Ink Marketing Data & Email Services LLC, budgeting up to US$300 k for marketing activities (online ads, video distribution, social media, email newsletters). No stock options granted to Think Ink.

Notable Quotes

  • Jason Dussault, CEO, Intellistake:

    “SVH operates to institutional standards in a sector that demands credibility and discipline… This potential acquisition would give us the structure to expand institutional‑grade custody, scale validator infrastructure, and deliver enterprise AI‑agent solutions in a way that traditional investors can trust.”

  • Mario Casiraghi, Founder, Singularity Venture Hub:

    “We see real potential in joining forces with Intellistake. SVH brings treasury, incubation, and advisory expertise… Combined with Intellistake's public‑market platform, we can build a powerful bridge between traditional finance and decentralized AI infrastructure.”

Read the original news release →

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