NuRAN Announces Closing of the Restructuring Transaction and Initial Tranche of Additional Debt Settlements

Executive Summary

• NuRAN Wireless closed its Restructuring Transaction on December 22, 2025, issuing 10,380,618 Units at $2.89 per Unit, generating cash subscriptions of $3.03 M, settling debt of $6.13 M and acquiring a factoring company for $20.80 M.
• The Company also closed an initial tranche of the “additional amounts,” issuing 2,124,580 Units at $2.89 per Unit, raising $2.57 M in cash and settling $3.57 M of debt, with further units to be issued before fiscal‑year end.
• Joseph Labkowski was appointed as a director of NuRAN Wireless.

Key Details

• Restructuring Transaction – Primary Units
• Units issued: 10,380,618
• Price per Unit: $2.89
• Cash subscriptions received: $3,025,068
• Debt settlements effected: $6,127,629

• Acquisition of factoring company consideration: $20,802,303.09

• Additional Amounts – Initial Tranche

• Units issued: 2,124,580
• Price per Unit: $2.89
• Cash subscriptions received: $2,574,932

• Debt settlements effected: $3,565,127

• Securities Restrictions

• All newly issued securities are subject to a statutory four‑month and one‑day hold period and any additional restrictions under foreign securities laws.

• Future Funding Plan

• NuRAN is working toward closing the remaining “room” in the additional amounts prior to fiscal year‑end, indicating potential further unit issuances on similar terms.

• Director Appointment

• Joseph Labkowski appointed as a director.
• Background: Non‑profit chief executive since 2004, extensive experience in strategy, operations, stakeholder management, and capital project oversight.

Notable Quotes

(No direct quotes were provided in the release.)