Northwire Canada EditionThursday, October 15, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
Financings Routine −

Sabio Holdings Inc. Announces Closing of First Tranche of Secured Convertible Debenture Financing

Sabio Holdings Raises Capital Amid Revenue Decline; Stock Hits New Lows

By The Northwire Desk — AI Analysis Apr 29, 2026 · 20:33 SBIO · 0.2 Sabio Holdings Inc.
Executive Summary
  • Sabio Holdings Inc. announced the closing of the first tranche of a secured convertible debenture financing on April 29, 2026.
  • The tranche raised an aggregate principal amount of C$900,000 at an issue price of C$1,000 per Debenture.
  • Interest rate is set at 12% per annum, payable semi-annually in cash with a maturity date of twelve months from issuance.
  • Conversion terms allow holders to convert into common shares at C$0.30 per share, subject to anti-dilution adjustments.
  • The debentures are secured by a general security interest over all present and after-acquired personal property, ranking second priority to existing obligations to North Mill Capital LLC d/b/a SLR Digital Finance.
  • Finder's fees of 2% (C$18,000) were paid in cash. Proceeds are designated for working capital and general corporate purposes.
Material Impact
  • The financing provides immediate liquidity but confirms ongoing cash burn and reliance on external capital to sustain operations.
  • The stock price ($0.22) is currently trading below the conversion price of the new debentures ($0.30), indicating no immediate dilution from conversion but significant future risk if the share price recovers.
  • The 12% interest rate and secured status highlight increased cost of capital compared to previous unsecured instruments, reflecting higher lender risk perception.
  • This follows a pattern of frequent fundraising (Nov 2025 LIFE offering, Feb 2026 debenture extension), suggesting the company is managing liquidity rather than executing on growth milestones that would reduce cash needs.
  • The news does not introduce new revenue streams or strategic partnerships; it is purely a balance sheet maintenance event.
SBIO · Price
Company Overview
  • Company: Sabio Holdings Inc. (TSXV: SBIO / OTCQB: SABOF).
  • Core Business: Provides ad-tech solutions for FAST channels and operates Creator Television® network.
  • Flagship Project: Creator TV Sports, a dedicated sports-content studio label focusing on creator-led competition formats (e.g., Creator Pickleball Tour, Creator Poker Championship).
  • Distribution: Content distributed via Creator TV network and App Science™ platform across FAST services like TCLtv+, Xumo Play, Plex, Amazon Fire TV Channels.
  • Recent Operations: Launched AVOD offerings on Plex and Xumo Play in October 2025; partnered with Convergence for creator-led programming in March 2026.
Read the original news release →

More from Sabio Holdings Inc.

Jun 15, 2026 · 07:00

Creator TV Sports expands into live creator-led pickleball, but stock remains trapped at multi-year lows amid persistent cash burn.

M&A / Property May 25, 2026 · 17:15

Q1 2026 Earnings

Earnings May 21, 2026 · 07:00

Sabio Holdings Expands Creator TV Sports Distribution Amidst Profitability Concerns and Stock Decline

M&A / Property May 12, 2026 · 07:00

Creator TV Sports Validates Pipeline with CBS Premiere, Yet Profitability Gap Widens Amidst Dilution Concerns

Other Apr 30, 2026 · 18:25

Sabio Holdings Inc.

Earnings Apr 07, 2026 · 07:00

Creator TV expands into sports with pickleball tour launch

Production / Operations