Sabio Completes LIFE Offering

Executive Summary

• Sabio Holdings closed its brokered private placement, raising gross proceeds of $1,272,800.
• The offering consisted of 2,960,000 common shares (“LIFE Shares”) at $0.43 per share, led by Canaccord Genuity Corp. and Beacon Securities Limited.
• Net proceeds will be used for general corporate and working‑capital purposes, including modest investments in Sabio’s international and creator TV offerings.

Key Details

• Offering Size: 2,960,000 common shares issued at $0.43 per share → gross proceeds $1,272,800.
• Lead Agents: Canaccord Genuity Corp. and Beacon Securities Limited.
• Compensation to Agents:
• Cash commissions & advisory fees: $38,184 (excluding taxes).
• Equity compensation: 88,800 common shares (“Compensation Shares”).
• Warrants issued: 177,600 Compensation Warrants, each exercisable for one common share at $0.43 per share, expiring November 12 2027.
• Regulatory Framework: Issuance under Ontario Securities Commission Rule 72‑503 and NI 45‑106 exemptions; filing of Form 45‑106F19 on SEDAR+.
• Use of Proceeds: Primarily for general corporate and working‑capital purposes, with modest allocations toward further investment in Sabio’s international and creator TV offerings.
• Closing Conditions: Subject to final approval by the TSX Venture Exchange (TSXV).

Notable Quotes

(No direct quotes were provided in the release.)