G2M Cap shareholders approve SalesCloser transaction

Executive Summary

• G2M Cap Corp. held a special shareholders' meeting to approve a qualifying transaction involving the acquisition of SalesCloser Technologies Inc. from Wishpond Technologies Ltd.
• Shareholders unanimously approved all proposed matters, including the company's migration from federal to British Columbia jurisdiction, adoption of new articles, name change to SalesCloser Technologies Ltd., a 7.15:1 share consolidation, and a new 20% stock option plan.
• The transaction, including a concurrent upsized financing, is expected to close on or about March 24, 2026.

Key Details

• Transaction Approval: Shareholders unanimously approved the qualifying transaction for G2M's acquisition of SalesCloser Technologies Inc. from Wishpond Technologies Ltd.
• Corporate Changes Approved:
  • Migration of jurisdiction from Canada (federal) to British Columbia.
  • Adoption of new articles of incorporation.
  • Change of company name to SalesCloser Technologies Ltd.
  • Share consolidation on a 7.15:1 basis.
• Stock Option Plan (SOP):
  • A new fixed 20% stock option plan was approved.
  • Disinterested shareholders approved the granting of an aggregate of 3.8 million post-consolidation stock options to SalesCloser founders Ali Tajskandar and Jordan Gutierrez.
• Closing Timeline: The parties intend to close the transaction and the upsized concurrent financing on or about March 24, 2026.

Notable Quotes

• "Our team is so pleased to have received overwhelming support from our shareholders in approving our transaction with SalesCloser. We are excited to be leading the public listing of a company with disruptive AI technology and a track record of rapid growth. We look forward to closing the financing and transaction in the near future." — Hari Nesathurai, CEO of G2M