Northwire Canada EditionSaturday, October 17, 2026
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Regulatory

Everybody Loves Languages Corp. Completes Amalgamation with ELL Ventures Ltd.

Privatization Deal Concludes

Executive Summary
  • The most recent release (April 9, 2026) confirms the completion of the amalgamation between Everybody Loves Languages Corp. (ELL) and ELL Ventures Ltd. (EV).
  • A new entity named "Everybody Loves Languages Corp." (Amalco) was formed.
  • All common shares held by minority shareholders were converted into Redeemable Preferred Shares and immediately redeemed for cash at $0.085 per share.
  • The company has applied to delist from the TSX Venture Exchange, with expected delisting on April 14, 2026.
  • Amalco is ceasing reporting issuer status in multiple Canadian provinces (BC, Alberta, Ontario, Nova Scotia, Newfoundland & Labrador), transitioning to a private company.
  • EV shareholders became shareholders of Amalco; no cash consideration was disclosed for them.
Material Impact
  • The news represents the final execution of a transaction announced on December 24, 2025.
  • For public investors holding shares prior to closing, this is a liquidity event providing an exit at $0.085 per share.
  • The stock price had converged to the offer price ($0.085) and traded slightly above it ($0.09) in the weeks leading up to closing, indicating market pricing of the deal terms.
  • The transition to private status removes public disclosure requirements and trading liquidity, fundamentally altering the investment vehicle from a public equity security to a private holding.
  • Regulatory scrutiny mentioned in February 2026 (OSC review) did not prevent the transaction, suggesting the deal met necessary regulatory thresholds despite activist concerns.
ELL · Price
Company Overview
  • Company: Everybody Loves Languages Corp. (ELL).
  • Business: Language learning services, educational content, and software platforms.
  • Flagship Project: "English for Success" platform slated for release in 2026; integrated new English reading course content.
  • Development Status: Continued development of updated PEP textbook series during Q3 2025.
  • Financial Performance (Q3 2025): Revenue C$287,375 (down from C$297,273 YoY); Net Loss C$253,746.
Read the original news release →

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