Ms. Hanna Ayyad reports

ARHT MEDIA ANNOUNCES CLOSING OF A $250,000 PRIVATE PLACEMENT OF SECURED SUBORDINATED DEBENTURES

Arht Media Inc. has successfully closed a private placement of 2024 Series A secured subordinated debentures for an aggregate principal amount of $250,000.

The debentures mature on Aug. 3, 2025, and carry an annual interest rate of 15 per cent, accrued and payable semi-annually on each of June 30 and Dec. 31, in cash or shares, at the option of the company and subject to the approval of the TSX Venture Exchange. Subject to certain conditions, the company will have the right to prepay any or part of the debentures at any time prior to the maturity date by paying the principal amount. The principal amount of the debentures is not convertible into common shares or any other securities of the company.

The debentures are secured by substantially all of Arht's assets, pursuant to an amended and restated general security agreement effective as of the Feb. 16, 2024, in favour of the collateral agent on behalf of the existing debenture holders (GSA). The principal amount of debentures rank pari passu with the $2,029,666 of principal amount of existing secured subordinated debentures of the company, with substantially the same terms (other than with respect to date of issue and commencement of interest accrual) as the debentures for an aggregate of approximately $2,279,666 of secured subordinated debentures secured against all of the assets of the company, pursuant to the GSA. The security interest in collateral comprising accounts receivable and inventory are subordinated to the company's current senior lender's security interest.

The debentures are subject to a four-month statutory hold period commencing on the date of their issuance. Subject to the foregoing, the debenture may not be assigned, transferred or resold, except upon the prior written consent of the company. An aggregate of $125,000 principal amount of the debentures were purchased by officers and directors of the company, and are exempt from the formal valuation and minority approval provisions of National Instrument 61-101 -- Protection of Minority Security Holder in Special Transactions. The company has paid an aggregate of $2,250 in cash as finder's fees to a finder, in accordance with TSX Venture Exchange policies.

The company intends to use the net proceeds from the private placement for general working capital purposes to support the company's growth.

About Arht Media Inc.

Arht is a pioneer and the global leader in live hologram technology. Thanks to its patented end-to-end technology, executives, medical experts, educators, entertainers and thought leaders can travel at the speed of light to any destination.

Arht was founded in 2014 and is publicly traded on the TSX Venture Exchange. Arht has offices in North America, Europe and Asia and operates from its own studios in locations from Toronto to Singapore, as well as a large network of partner studios in every region.

We seek Safe Harbor.