Nuran closes restructuring, issues units, settles debt

Executive Summary

• Nuran Wireless Inc. closed its restructuring transaction on December 22, 2025, issuing 10,380,618 units at $2.89 per unit, comprising cash subscriptions, debt settlements, and the acquisition of a factoring company.
• The company also closed an initial tranche of additional debt settlements, issuing 2,124,580 units at $2.89 per unit, consisting of cash subscriptions and further debt settlements.
• Joseph Labkowski was appointed as a director of the company, bringing extensive non-profit executive and governance experience.

Key Details

• Restructuring Transaction Closing:
  • Date Closed: December 22, 2025.
  • Units Issued: 10,380,618 units.
  • Price Per Unit: $2.89.
  • Total Consideration Breakdown:
    • Cash Subscriptions: $3,025,068.
    • Debt Settlements: $6,127,629.
    • Acquisition of Factoring Company: $20,802,303.09.
• Initial Tranche of Additional Debt Settlements:
  • Units Issued: 2,124,580 units.
  • Price Per Unit: $2.89.
  • Total Consideration Breakdown:
    • Cash Subscriptions: $2,574,932.
    • Debt Settlements: $3,565,127.
  • Future Plans: The company is working to close out the remaining room in the additional amounts prior to the fiscal year-end.
• Securities Restrictions:
  • All securities issued are subject to a statutory hold period of four months and one day.
  • Additional restrictions may apply under foreign securities laws.
• Director Appointment:
  • Name: Joseph Labkowski.
  • Role: Director.
  • Background: Non-profit chief executive with over 20 years of experience in strategy, operations, and stakeholder management.
  • Previous Experience: Executive Director of the Chabad Jewish Center of Cape Coral since 2004, overseeing budgeting, financial stewardship, staff/volunteer management, and capital projects.
  • Relevance: Brings governance experience, stakeholder/community-relations skills, and oversight of long-term, capital-intensive projects to the public-company board.

Notable Quotes

• No direct quotes from the CEO or President were included in the provided text.