M&A / Property
DeepMarkit Update on Proposed Acquisition of Prospect Prediction Markets

MKT · Price
Executive Summary
- DeepMarkit Corp. provides an update on its previously announced proposed acquisition of Prospect Prediction Markets Inc. and the concurrent non‑brokered private placement of common shares.
- The TSX Venture Exchange has conditionally accepted the acquisition; trading of DeepMarkit’s common shares, halted on September 16, 2025, will resume at market open on October 22, 2025.
- Completion of both the acquisition and the private placement remains subject to final Exchange approval; a comprehensive news release with further details is expected later.
Key Details
- Acquisition: Proposed purchase of all issued and outstanding securities of Prospect Prediction Markets Inc.; still pending final Exchange approval.
- Private Placement: Concurrent non‑brokered offering of DeepMarkit common shares; terms not disclosed in this brief update.
- Trading Halt: Shares were halted on September 16, 2025 per TSX Venture Exchange Policy 5.3 (Acquisitions and Dispositions of Non‑Cash Assets).
- Exchange Decision: The Exchange has conditionally accepted the acquisition; trading to resume at market open on Wednesday, October 22, 2025.
- Next Steps: DeepMarkit will issue a comprehensive news release later with additional details about the acquisition and Prospect.
- Forward‑Looking Statements: Includes expectations regarding resumption of trading, Exchange approval, and timing of document delivery; subject to risks and uncertainties outlined in the company’s filings.
Notable Quotes
- “We continue to work expeditiously to complete the Acquisition and Private Placement,” – Steve Vanry, Chief Executive Officer, DeepMarkit Corp.
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Jun 30, 2026 · 03:02