02:20:48 EST Thu 05 Feb 2026
Enter Symbol
or Name
USA
CA



Hydaway Digital Corp.
Symbol HIDE
Shares Issued 25,130,001
Close 2026-02-04 C$ 0.33
Market Cap C$ 8,292,900
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ORIGINAL: HYDAWAY DIGITAL COMPLETES ACQUISITION OF REALITYCHECK

2026-02-04 20:31 ET - News Release

HYDAWAY DIGITAL COMPLETES ACQUISITION OF REALITYCHECK

Canada NewsWire

VANCOUVER, BC, Feb. 4, 2026 /CNW/ - Hydaway Digital Corp. (TSXV: HIDE) ("Hydaway" or the "Company") is pleased to announce that, further to its news release dated December 15, 2025 and January 27, 2026, it has completed its acquisition of 100098940 Ontario Inc. ("RealityChek") pursuant to the terms of a share purchase agreement dated January 26, 2026 (the "Share Purchase Agreement") with RealityChek. 

Hydaway Digital Corp. (CNW Group/Hydaway Digital Corp.)

As consideration for RealithChek, the Company issued to the shareholders of RealityChek 6,000,000 common shares of the Company (the "Consideration Shares") at a deemed price of $0.14 per share for a total purchase price of $840,000 (the "Purchase Price"). The Purchase Price was determined by arm's length negotiations between the parties.

As additional consideration, the Company will also issue up to an additional 1,862,712 common shares of the Company (the "Milestone Shares") on satisfaction of the following milestones:

  • 776,130 Milestone Shares on the date the RealityChek Platform has successfully completed a 2,000,000 image data set all properly labelled and 200,000 images human labelled.
  • 776,130 Milestone Shares on the date the RealityChek Platform has successfully completed an additional 2,000,000 image data set all properly labelled and 200,000 images human labelled.
  • 310,452 Milestone Shares on the date the RealityChek Platform has successfully reached 100,000 users.

The Consideration Shares are subject to resale restrictions, under which 2,656,427 common shares are subject to no restrictions on resale, 1,017,506 common shares shall be subject to restrictions on resale until each of the dates which are three, six and nine months from the closing and 291,051 shall be subject to restrictions on resale until the date which is twelve months from the closing. Milestone Shares will be subject to a four month hold period under securities laws from the date that the milestone is successfully completed and, if required, any additional hold periods required by the TSX Venture Exchange.

The Company also announces that it has granted a total of 600,000 stock options to its officers, directors and consultants. Each option is exercisable at $0.33 per share and expires five years from the date of grant.

About the Company

The Company is a computer rendering and GPU rental service provider located in North Vancouver, British Columbia. The Company is focused on expanding access to scalable compute power and building infrastructure to support AI training, inference, and high-performance workloads.

Please visit the Company's website at www.hydawaydigital.com.

Forward-Looking Statements

This news release includes certain statements that may be deemed "forward-looking statements", including statements respecting the services to be provided the Company and the consideration to be paid to the Company. The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on SEDAR+ at www.sedarplus.ca.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Hydaway Digital Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/February2026/04/c4804.html

Contact:

For more information, please contact: Karl Kottmeier, Chief Executive Officer, 204-252 West Esplanade, North Vancouver, BC V7M 0E9, Phone number: 604.689.7422, Email: info@hydawaydigital.com

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