Abaxx Technologies Acquires Strategic Position in ARTEX AG, Extending Capabilities in Europe and to New Markets in Fine Art

Executive Summary

• Abaxx Technologies Inc. announced the acquisition of a strategic position in ARTEX AG through two tranches of zero‑coupon convertible debentures and accompanying share purchase warrants.
• The cooperation agreement gives Abaxx access to ARTEX’s regulated fine‑art trading platform, enabling development of futures contracts on Abaxx Exchange backed by a transparent art price index.
• First tranche of Artex Debentures has been issued; the second tranche is expected to close around January 2026.

Key Details

• Investment Structure:
• Two tranches of zero‑coupon convertible debentures (“Artex Debentures”).
• Each debenture convertible into up to 10% of ARTEX’s fully diluted common shares at a deemed conversion price of US$1,000,000 per ~1% share.

• Conversion right exercisable for three years from each debenture’s issuance date.

• Warrant Component:

• Common share purchase warrants (“Artex Warrants”) granting Abaxx the right to acquire an additional up to 9.9% of ARTEX’s fully diluted common shares.

• Warrants exercisable for three years from issuance; exercise price based on ARTEX valuation at time of exercise, subject to board and regulatory approval.

• Tranche Timing:

• First tranche of debentures already issued.

• Second tranche expected to close on or around January 2026.

• Strategic Benefits for Abaxx:

• Access to a new regulated European market for Abaxx’s Digital Title and ID++ technology.
• Source of real‑time transaction data to build a fine‑art price index, underpinning future benchmark futures contracts on Abaxx Exchange.

• Partnership with ARTEX’s network of institutional partners (European banks, asset managers, etc.).

• Strategic Benefits for ARTEX:

• Integration of Abaxx’s market‑structure expertise and digital title technology to enhance liquidity and robustness of the fine‑art trading venue.

• Quotes:

• “Smarter markets require smarter data and trusted market infrastructure… By integrating our platforms, we expand our technology footprint into a global asset class and secure the foundation for a pipeline of new, tradable futures products on Abaxx Exchange.” – Josh Crumb, Founder & CEO, Abaxx Technologies.
• “Abaxx is the ideal partner to accelerate our mission… Together, we will enhance robustness, expand global reach and provide critical validation to our institutional partners as we establish art as a legitimate mainstream asset class.” – Yassir Benjelloun‑Touimi, CEO & Co‑Founder, ARTEX.

Notable Quotes

• See above under Quotes.