Miivo completes change of business to technology issuer

Executive Summary

• Miivo Holdings Corp. has successfully completed its transition from a Tier 2 investment issuer to a Tier 2 technology issuer, approved by shareholders representing 67% of outstanding shares voting 100% in favor.
• The company is pivoting to focus on proprietary artificial intelligence (AI) technologies and AI-powered automation for the small and medium-sized enterprise (SME) sector, positioning itself as an AI SaaS provider.
• The TSX Venture Exchange waived sponsorship requirements but imposed a principal escrow on 5,881,500 common shares held by principals under Policy 5.4.

Key Details

• Transaction Completion: Miivo completed the change of business from a Tier 2 investment issuer to a Tier 2 technology issuer in accordance with TSX Venture Exchange policies.
• Shareholder Approval: Approval was obtained at the annual general and special meeting held on August 7, 2025. Shareholders representing 67% of Miivo's issued and outstanding shares voted 100% in favor.
• Regulatory Conditions: The TSX-V waived sponsorship requirements but imposed an escrow on securities held by principals. An aggregate of 5,881,500 common shares are subject to this principal escrow.
• Strategic Focus: The company will utilize proprietary AI technologies to drive growth in the SME sector, aiming to transform traditional service-based businesses through AI-powered automation to enhance operational efficiency, customer engagement, and financial performance.
• Market Positioning: Miivo is positioning itself as an emerging leader in the AI SaaS (software-as-a-service) market.
• Leadership: The transition is supported by a recently appointed leadership team with significant expertise in technology and AI. There have been no changes to the board of directors or management arising from this specific transition.

Notable Quotes

• "We are thrilled to officially transition Miivo from a Tier 2 investment issuer to a Tier 2 technology issuer. This change marks a significant milestone in our journey, enabling us to leverage our proprietary AI technologies to drive growth and innovation within the SME sector. With our new leadership team bringing extensive expertise in technology and AI, we seek to establish Miivo as a leader in the AI SaaS market." — Alexander Damouni, CEO and Director