Stracon granted interim injunction re merger

Executive Summary

• Stracon Group Holding Inc. received an interim injunction from a Peruvian court ordering the Peruvian Public Registry to complete the merger registration between Stracon and Stracon Holdings SA, overriding opposition from SLC Holdings Inc.
• The court also authorized Stracon to secure $2 million (U.S.) of SLC's assets to cover damages and legal costs.
• Stracon continues to actively contest the false claims filed by SLC Holdings Inc. with the Ontario Securities Commission (OSC).

Key Details

• Legal Ruling: On Jan. 29, 2026, a Peruvian court granted an interim injunction sought by Stracon.
• Merger Registration: The injunction directs the Peruvian Public Registry to immediately complete the registration process of the merger between Stracon and Stracon Holdings SA, notwithstanding any opposition by SLC.
• Asset Security: Stracon was granted the right to secure $2-million (U.S.) of SLC's assets for damages and costs.
• Ongoing Dispute: Stracon continues to contest SLC's application with the Ontario Securities Commission (OSC), which was originally filed on Jan. 23, 2026, and contains claims Stracon characterizes as false.

Notable Quotes

• "Stracon Group Holding Inc. has provided an update on its Jan. 23, 2026, press release, which discussed the false claims being made by SLC Holdings Inc. in an application filed with the Ontario Securities Commission (OSC), which is being contested by the company."