Wishpond-backed SalesCloser closes $1.5M bridge deal

Mr. Ali Tajskandar reports SALESCLOSER AI, WISHPOND AND G2M CAP CORP. ANNOUNCE CLOSING OF $1.5M BRIDGE FINANCING IN RESPECT OF QUALIFYING TRANSACTION G2M Cap Corp., Wishpond Technologies Ltd. and SalesCloser Technologies Inx. have noted that, further to the news release dated Nov. 5, 2025, SalesCloser has closed its fully subscribed private placed bridge financing, for gross proceeds of $1.5-million. Ali Tajskandar, chief executive officer of SalesCloser and Wishpond, comments: "Our team is so pleased to have received a strong showing of support from the market to fund our SalesCloser business. We are going to work hard to build the SalesCloser business as quickly as possible, and to continue pressing to close the public listing transaction with G2M Capital in Q1 2026. SalesCloser's business has grown rapidly in the past eleven months, and we believe it will become a leader in the emerging conversational AI space for sales, supported by strong demand, rapid product innovations and a growing portfolio of patent applications. As a standalone public company, we expect SalesCloser to be better positioned to gain access to the funding, resources and dedicated leadership team it needs to accelerate product development and market adoption. We believe that the public listing transaction creates a clear path for both companies to scale faster, innovate deeper and deliver greater long-term value for shareholders." Pursuant to the bridge financing, SalesCloser has issued convertible notes which have been issued on a zero-interest basis, have a maturity date of three years and will be converted, through a series of steps, into up to 2.5 million common shares of G2M, at a price of 60 cents per bridge share, upon closing of G2M's qualifying transaction. The bridge notes are unsecured, and if the transaction does not close, the bridge notes will remain as outstanding debt of SalesCloser with no conversion features. A 7-per-cent commission, being 175,000 warrants, has been paid to Moe Tajsekandar by SalesCloser as a finder in respect of the bridge financing, with such commission warrants having an exercise price of 60 cents per share for a period of two years after the closing of the transaction. The commission warrants are non-transferable, will be assumed by the resulting issuer as part of the transaction and will be exercisable for common shares of the resulting issuer on the same terms. If the transaction does not close, the commission warrants will not be exercisable by its holder. The assumption of the commission warrants by the resulting issuer is subject to TSX-V approval. No non-arm's-length parties participated in the bridge financing. The bridge shares and commission warrants are expected to be free trading at closing of the transaction. It is intended that the proceeds from the bridge financing will be used to finance the growth and development of the SalesCloser business being transferred by Wishpond to SaleCloser as part of the transaction, to finance transaction-related expenses and to provide general working capital as shown in the attached table. If the transaction does not proceed, amounts allocated to G2M transaction costs are expected to be reallocated to further product development, go-to-market, and sales expansion costs and working capital. The transaction is subject to the approval of the TSX-V and is expected to constitute G2M's qualifying transaction, as defined in TSX-V Policy 2.4. For more information on the transaction, see the joint news release dated Nov. 5, 2025. About SalesCloser SalesCloser operates and continues to develop an advanced conversational AI platform that acts as a virtual sales agent, capable of delivering personalized sales calls, demos, and follow-ups in real time and in multiple languages. The platform enables businesses to automate and scale their sales operations, improving efficiency, reducing hiring costs and driving higher conversion rates. Powered by advanced AI technology and a growing portfolio of patent applications, SalesCloser delivers a scalable, high-margin solution designed to redefine how companies engage with buyers and customers across a range of business interactions. SalesCloser has rapidly grown to over $1.8-million in annual recurring revenue (ARR) on a current run-rate basis, representing more than six times ARR growth year to date with gross margins near 85 per cent. Further information Additional information (including additional financial and information regarding SalesCloser) and other matters will be announced if and when a definitive agreement is reached. Further details about the transaction and the Resulting Issuer will also be contained in the disclosure document to be prepared and filed with the TSX-V and on SEDAR+ in connection with the transaction. Investors are cautioned that, except as disclosed in such disclosure document, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. We seek Safe Harbor.