Mr. Rick Unrau reports
AETHER GLOBAL INNOVATIONS SIGNS LETTER OF INTENT WITH INMOTION ENERGY CORP. FOR FUNDAMENTAL CHANGE TRANSACTION
Aether Global Innovations Corp. has signed a binding letter of intent (LOI) dated Sept. 28, 2026, with InMotion Energy Corp., contemplating a business combination by way of one or more of an amalgamation, securities purchase and/or share exchange.
As currently contemplated, the acquisition by Aether of InMotion is intended to be completed either: (i) by an exempt takeover bid of InMotion by Aether pursuant to a securities exchange agreement among Aether, InMotion and the securityholders of InMotion; or (ii) by a three-cornered amalgamation whereby a merger subsidiary of Aether will amalgamate with InMotion, with each securityholder of InMotion exchanging their securities of InMotion for securities of Aether upon completion of the amalgamation.
The proposed transaction will be conditional upon Aether being debt free and having positive working capital at the time of closing, and upon the completion of a concurrent private placement equity financing by Aether or InMotion in an amount not less than $1.5-million, or such other greater amount sufficient to meet minimum exchange listing requirements and the capital needs of the resulting issuer, and on terms and pricing to be determined.
Upon completion of the proposed transaction, current Aether shareholders will hold approximately 13.4 pepr cent of the resulting issuer (following a 1:3 share consolidation) and InMotion securityholders will hold approximately 86.6 per cent, on a pro forma basis, excluding securities issued in connection with the concurrent financing.
Concurrently with completion and as a closing condition of the proposed transaction, Aether's board of directors shall be reconstituted at the direction of InMotion. The parties have agreed to deal exclusively and in good faith with each other until the earlier of termination or Oct. 31, 2026.
The LOI contains certain binding provisions that will survive for a period of two years, including confidentiality, responsibility for fees and exclusivity.
The proposed transaction is expected to constitute a fundamental change as defined in the policies of the Canadian Securities Exchange. Completion of the proposed transaction remains subject to a number of conditions, including satisfactory completion of due diligence by both parties, negotiation and execution of definitive documentation, shareholder approval, CSE approval, and the receipt of any other required approvals. The proposed transaction cannot be completed until these conditions are satisfied and there can be no assurance that the proposed transaction will be completed at all. The parties are targeting execution of a definitive agreement by Oct. 31, 2026.
The full terms of the proposed transaction and the details of any financings required to complete the proposed transaction will be provided in future news releases in accordance with CSE policies.
About Aether Global Innovations Corp.
Aether Global Innovations is a defence and security technology company focused on unmanned systems, counterdrone solutions and advanced security scanning for critical infrastructure and high-value public and private sites. Aether operates a disciplined platform model, acquiring and partnering with proven operators that have established revenue, intellectual property and government relationships, then scaling these assets through integration, capital deployment and global distribution. By combining counter-UAV (unmanned aerial vehicle) capabilities, ISR-oriented unmanned systems and advanced screening technologies, Aether aims to deliver rapidly deployable, mission-focused solutions that enhance the safety, resilience and operational awareness of its customers.
About InMotion Energy Corp.
InMotion Energy incorporated under the Business Corporations Act (British Columbia) on June 30, 2025, InMotion conducts its business in the United States through its wholly owned subsidiary, Deecell Inc., a Wyoming corporation incorporated on Sept. 16, 2024.
Deecell has designed and developed a proprietary, groundbreaking solar-power system engineered for long and shorthaul transportation fleets, including haulers and sleeper cabs. The Deecell solar power unit (SPU) offers clean, quiet and reliable power, transforming mobile energy solutions for life on the road. The Deecell SPU increases fuel efficiency with a smarter solar solution by providing a sustainable alternative to traditional emission-heavy generators by combining advanced solar technology with a compact, lightweight design, offering continuous power for critical systems without the need for fuel or frequent maintenance. Developed to dramatically reduce non-drive-time idle, the Deecell SPU is currently available in three powerful configurations: a 10-kilowatt system ideal for most haulers and moderate power needs; a 15-kilowatt suitable for larger rigs with multiple AC (air conditioning) units or heavier electrical loads; and a dedicated sleeper cab system designed to deliver 120-volt AC power 24/seven without idling.
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