Inverite Insights closes second tranche of financing

Mr. Mike Marrandino reports INVERITE COMPLETES 2ND TRANCHE OF THE $1.5 MILLION FULLY SUBSCRIBED PRIVATE PLACEMENT AND SHARES FOR DEBT ISSUANCE Further to its news release dated Sept. 4, 2025, Inverite Insights Inc. has closed the second tranche of its fully subscribed private placement in the amount of 1,409,920 units for aggregate proceeds of $294,487.95. Each unit comprises a common share and one-half warrant; a whole warrant is exercisable to purchase a common share at a price of 20 cents for a period of two years. Inverite has also issued 553,333 units to settle an aggregate of $83,000 in loans, accrued interest and accounts payable (see above for the unit terms). All securities will be subject to a hold period until Jan. 30, 2026. Insiders and related parties of the company acquired 590,587 units issued pursuant to the above transactions, with the associated common shares representing approximately 1.14 per cent of the issued common shares upon closing and, if the associated warrants are exercised, an aggregate number of common shares representing approximately 1.71 per cent of the then-issued common shares calculated as of closing. The participation by the insider constitutes a related party transaction within the meaning of the policies of the Canadian Securities Exchange and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves interested parties (within the meaning of MI 61-101) in the placement, exceeds 25 per cent of the company's market capitalization calculated in accordance with MI 61-101, and on the basis that no securities of the company are listed or quoted on a stock exchange as specified in MI 61-101. Inverite is also pleased to announce that it has extended its engagement with an arm's-length consultant to assist the company in advancing its interests with the introductions into the financial community, strategic partnerships and potential M&A (merger and acquisition) opportunities, within North America and abroad. As part of this engagement the consultant has been granted 333,332 restricted share units (RSUs). Each RSU, upon vesting, is redeemable into one common share. The RSUs vest as to 25 per cent every three months in arrears from the grant date. About Inverite Insights Inc. Inverite Insights is a Vancouver-based, AI-driven software provider specializing in real-time financial data. With a vast database of over 30 billion financial data points from more than seven million unique Canadian consumers transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance. We seek Safe Harbor.