Miivo receives $1.23-million from warrant exercise

Mr. Alexander Damouni reports MIIVO ANNOUNCES WARRANT EXERCISES RESULTING IN $1,239,376 Holders have exercised 3,098,441 warrants, at an exercise price of 40 cents per warrant, that were issued in connection with Miivo Holdings Corp.'s private placement that closed Oct. 30, 2024, generating gross proceeds of $1,239,736. The warrant exercise reflects investor confidence in Miivo's strategic direction and growth prospects. The capital raised will be utilized to accelerate customer acquisition through strategic channel partnerships and enhanced marketing initiatives as the company continues to scale its AI (artificial intelligence) platform within the small and medium-sized enterprise (SME) sector. Alexander Damouni, chief executive officer and director of Miivo, said: "The warrant exercise by our early investors at this pivotal stage of our growth demonstrates strong momentum in our business. This additional capital strengthens our balance sheet and positions us to capitalize on the significant market opportunity we're seeing in the SME sector as businesses increasingly seek AI-driven transformation solutions." About Miivo Holdings Corp. Miivo Holdings is listed on the TSX Venture Exchange and the OTC Markets and operates as an AI platform offering solutions to transform underperforming and low-growth businesses into scalable, product-driven models. By integrating AI-powered automation, Miivo aims to revolutionize traditional service-based companies and enhance their operational efficiency, customer engagement and financial performance. The company's strategic direction is guided by a leadership team with extensive experience in technology and AI, positioning Miivo at the forefront of innovation and growth in the AI SaaS (software-as-a-service) market. We seek Safe Harbor.