Parvis Completes Acquisition of 100% Ownership of Richmond Global Wealth

• On April 6, 2026 Parvis Invest Inc. announced it completed its previously disclosed all‑share acquisition of Richmond Global Wealth (RGW).
• The transaction issued 1,600,000 new common shares at a deemed price of $0.50 per share for total consideration of roughly $800,000.
• RGW shareholders received the shares; Bluestar Equity Inc., an affiliate of director Noah Murad, obtained 1,120,000 shares (~3.35% of Parvis post‑transaction equity).
• The deal was approved unanimously by both boards and passed disinterested shareholder consent under TSXV policies for a related‑party transaction; final acceptance remains pending.
• Strategic rationale: integrates RGW’s full‑service wealth, tax, investment and insurance advisory capabilities into Parvis’ technology‑enabled private market platform to broaden onboarding, portfolio oversight and planning services.

• The acquisition was fully disclosed in the February 19 announcement and clarified March 3 release; completion therefore represents an expected follow‑up rather than new information.
• Financial scale: $800k equity consideration is modest relative to Parvis’ market cap (~$6.2M) – roughly 13% of equity value, but funded entirely by share issuance at a premium ($0.50 vs current ~$0.22), causing dilution without immediate cash inflow.
• No change in revenue guidance, profitability outlook or capital structure beyond the anticipated share increase and related‑party governance considerations.
• Consequently, the news is routine – positive insofar as it executes a previously stated strategic move but does not materially alter earnings prospects or risk profile.

Parvis Invest Inc. operates a digital platform that facilitates private‑market capital raising, investor education and advisory services for Canadian accredited investors. Its flagship offering is the “Parvis Platform,” which aggregates private REITs, development projects, credit and alternative strategies, leveraging AI and blockchain to streamline onboarding, compliance and portfolio monitoring. The acquisition of Richmond Global Wealth adds a licensed wealth‑management and tax‑advisory business line, enabling Parvis to provide end‑to‑end financial planning alongside its deal‑flow capabilities.