Financings
James Anderson Provides Update on Holdings of MyndTec Inc.

MYTC · Price
Executive Summary
- James Anderson increased his indirect ownership of MyndTec Inc. to approximately 51.60% of the outstanding common shares following a private‑placement tranche of 650,970 units at $0.20 per unit.
- The tranche consisted of common shares and half‑warrants; each full warrant is exercisable at $0.24 per share for up to 36 months.
- The filing satisfies NI 62‑103 early‑warning reporting requirements under Canadian securities law.
Key Details
- Current Tranche: 650,970 units issued on February 4 2026 at $0.20 per unit (gross proceeds ≈ $130,194).
- Unit Composition: 1 common share + ½ warrant; each full warrant allows purchase of one common share at $0.24 within 36 months.
- Pre‑tranche Holdings: 12,639,746 common shares and 5,819,143 warrants (≈ 50.31% partially diluted ownership).
- Post‑tranche Holdings: 13,290,716 common shares and 6,144,628 warrants (≈ 51.60% partially diluted ownership).
- Ownership Change: Investor’s stake rose from just over 49% (January 7 2026) to over 51%, crossing the 50% threshold that may trigger additional disclosure or control considerations.
- Purpose Statement: Transaction conducted in ordinary business for investment purposes, not intended to exert control or direction over MyndTec Inc.
- Regulatory Filing: Press release issued pursuant to National Instrument 62‑103 (Early Warning System) and a copy of the early‑warning report is available on SEDAR+.
Notable Quotes
(No executive quotes were provided in the release.)
More from MyndTec Inc.
Apr 24, 2026 · 16:42