Northwire Canada EditionTuesday, August 25, 2026
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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

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 →

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