Belgravia Hartford announces LOI with DelphX Capital Markets Inc.

Executive Summary

• Belgravia Hartford Capital Inc. has signed a non‑binding LOI with DelphX Capital Markets Inc. to collaborate on the first commercial QCS transaction, which would make Belgravia the inaugural corporate purchaser of a QCS collateralized put option protecting Bitcoin treasury holdings.
• The proposed deal is subject to definitive agreements, regulatory approvals, market conditions and other customary closing conditions; either party may terminate the LOI at any time.
• Under the anticipated arrangement, Belgravia will provide advisory and structuring support to DelphX, including assistance with program documentation, compliance processes and coordination with the designated placement agent.

Key Details

• Parties Involved: Belgravia Hartford Capital Inc. (CSE: BLGV) and DelphX Capital Markets Inc. (TSX‑V: DELX).
• Transaction Concept: Execution of a “QCS collateralized put option” designed to protect and preserve corporate Bitcoin treasury holdings.
• Status: Non‑binding LOI; definitive documentation, regulatory approvals, market conditions and other customary closing conditions remain required.
• Termination Rights: Either party may terminate the LOI at any time, with confidentiality, regulatory compliance and public disclosure provisions remaining binding.
• Belgravia’s Role: Provide advisory and structuring support to DelphX, including assistance with program documentation, compliance processes, and onboarding coordination with the placement agent.
• DelphX’s Offering: Structured products (Collateralized Put Options and Collateralized Reference Notes) fully collateralized and held by U.S. Bank; not registered under the U.S. Securities Act and limited to qualified investors outside the United States unless an exemption applies.

Notable Quotes

(No direct quotes were provided in the release.)