Belgravia Hartford announces LOI with DelphX Capital Markets Inc.

Executive Summary

• Belgravia Hartford Capital Inc. has signed a non‑binding Letter of Intent with DelphX Capital Markets Inc. to collaborate on the first commercial QCS transaction, whereby Belgravia would become the inaugural corporate purchaser of a QCS collateralized put option protecting Bitcoin treasury holdings.
• The proposed deal remains 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 customary closing conditions must be satisfied before any transaction can occur.
• Termination Rights: Either party may terminate the LOI at any time, with confidentiality, regulatory compliance and public disclosure provisions remaining binding.
• Advisory Role for Belgravia: Expected to provide advisory and structuring support, including program documentation, compliance assistance, and onboarding coordination with the placement agent.
• Regulatory Notes: The securities involved are not registered under U.S. securities laws and may not be offered or sold in the United States or to U.S. persons unless an exemption is available.

Notable Quotes

(No direct quotes were provided in the release.)