Credissential plans development of features for Antenna

Executive Summary

• Credissential Inc. announced the planned development of two new features for its Antenna platform: "SecureVault Auto-Destruct" for automated data deletion and an Apple Wallet-enabled QR code for cashless transactions.
• The company linked the full implementation of these features to the anticipated acquisition of Antenna by Codeifai Ltd., previously announced on July 2, 2025.
• The company granted 24.3 million Restricted Share Units (RSUs) under its omnibus equity incentive plan, with 3.8 million granted to insiders.

Key Details

• Product Development (SecureVault Auto-Destruct):
  • Designed to allow users to configure transferred files to automatically delete from Antenna servers after successful download.
  • Aims to address enterprise and government demands for enhanced data lifecycle management, compliance, and data retention policies.
  • Intended to reduce security exposure by preventing sensitive files from persisting longer than necessary.
  • Will integrate with Antenna's existing post-quantum cryptographic security protocols.
  • Features include selectable auto-deletion time frames and confirmation protocols to ensure permanent removal from all system components.
• Product Development (Apple Wallet Integration):
  • Planned feature to enable cashless transactions via scan-to-pay QR codes added to Apple Wallet.
  • Currently in the research phase.
  • Designed to streamline transactions, enhance user convenience, and expand platform functionality.
• M&A Context:
  • Full implementation of the Auto-Destruct and scan-to-pay QR code features is expected to be completed following the acquisition of Antenna by Codeifai Ltd.
  • The acquisition was announced on July 2, 2025.
• Equity Grants:
  • Total RSUs granted: 24.3 million.
  • Granted to insiders: 3.8 million RSUs.
  • Granted pursuant to the omnibus equity incentive plan adopted by shareholders on Feb. 23, 2024.
  • RSUs are subject to a standard four-month-and-one-day hold period.

Notable Quotes

• "The Auto-Destruct feature is intended to give our users control over their sensitive data... This feature is being developed to ensure that confidential files don't persist longer than necessary, reducing security exposure, and helping organizations and individuals meet data retention policies and desires." — Colin Frost, CEO
• "We're also planning Apple Wallet integration for Antenna Transfer, which could streamline payment processing and make our platform even more accessible to users seeking seamless payment capabilities." — Colin Frost, CEO