Vibe Announces Normal Course Issuer Bid

• Vibe Growth Corporation has announced a Normal Course Issuer Bid (NCIB) on the Canadian Securities Exchange (CSE).
• The program authorizes the repurchase of up to approximately 66,090 common shares.
• This volume represents exactly 10% of the company's public float as of May 15, 2026.
• Total issued and outstanding shares stand at 1,079,699 common shares.
• The program is scheduled to commence on or after May 21, 2026, and conclude by May 21, 2027.
• Independent Trading Group Inc. (ITG) has been retained to facilitate the purchases at market price.

• Scale of Impact: The buyback program is financially negligible relative to the company's size. With a total share count under 1.1 million and a current price of $0.30, the maximum spend on this bid (assuming an average price of ~$0.45) would be approximately $30,000 CAD/USD.
• Sentiment Signal: While management is signaling confidence by allocating cash to buy back shares rather than letting them trade at depressed levels, the amount is too small to materially alter the capital structure or valuation significantly.
• Context of Price Action: The stock has declined approximately 78% from its high of $1.40 in July 2025 to the current low of $0.30. An NCIB is a standard administrative step for CSE issuers and does not address the fundamental reasons behind the price collapse without accompanying operational news or financial statements.
• Liquidity Implication: The ability to execute this bid suggests management has available cash reserves, which mitigates immediate bankruptcy risk but does not confirm profitability or growth catalysts.

• Company Structure: Vibe Growth Corporation appears to be a growth investment vehicle or SPAC listed on the CSE, indicated by the name "Growth Corporation" and share structure.
• Flagship Project: No specific operational projects are disclosed in the provided news or data. The company relies on capital allocation rather than product development based on available information.
• Development Status: Development is currently limited to corporate governance actions (NCIB) without evidence of asset growth or revenue generation in the provided dataset.