21:59:44 EDT Wed 10 Jun 2026
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LDB Capital closes QT with Eventer Technologies

2026-06-10 18:46 ET - News Release

Mr. David Eaton reports

LDB CAPITAL CORP. ANNOUNCES CLOSING OF QUALIFYING TRANSACTION

LDB Capital Corp. has completed its previously announced qualifying transaction with Eventer Technologies Ltd., a privately held company incorporated under the laws of the State of Israel, pursuant to which LDB acquired 51.0 per cent of the issued and outstanding ordinary shares of Eventer. The transaction constitutes the qualifying transaction of LDB under Policy 2.4 -- Capital Pool Companies of the TSX Venture Exchange. Upon completion of the qualifying transaction, LDB has changed its name to Eventer Technologies Ltd.

The transaction was completed pursuant to a share exchange agreement dated Feb. 19, 2026, between LDB and Eventer. Under the definitive agreement, LDB acquired from certain shareholders of Eventer (the selling shareholders) ordinary shares of Eventer representing, in the aggregate, 51.0 per cent of the issued and outstanding Eventer shares (the purchased shares), in exchange for the issuance of an aggregate of 21,511,858 common shares of the resulting issuer to the selling shareholders at an exchange ratio of 48.6303 resulting issuer shares for each Eventer share acquired. Immediately following the closing, the selling shareholders hold approximately 65.0 per cent of the resulting issuer's issued and outstanding shares calculated on a fully diluted basis. In connection with the transaction, the resulting issuer issued an aggregate of 1,075,593 common shares in the capital of the resulting issuer as finders' fees to certain arm's-length finders.

After giving effect to the transaction, the resulting issuer has 34,170,760 common shares in the capital of the resulting issuer issued and outstanding, of which the selling shareholders hold approximately 62.95 per cent, former LDB shareholders hold approximately 33.90 per cent and the finders hold approximately 3.15 per cent. The new ISIN and Cusip of the common shares following are CA29975G1046 and 29975G104, respectively.

A total of 14,018,040 resulting issuer shares held by principals (as such term is defined in the policies of the exchange) are subject to escrow under an exchange-mandated escrow agreement, and will be released from escrow over 36 months as follows: 10 per cent upon the closing date of the transaction, and 15 per cent every six months following the closing date until all escrowed shares have been released. A total of 4,092,824 resulting issuer shares held by non-principals are subject to seed share resale restrictions (as defined under the policies of the exchange) (SSRR) and will be released over 12 months as follows: 20 per cent upon the closing date and 20 per cent every three months following the closing date until all shares have been released from the SSRR. For more information regarding escrow and SSRR, please see the filing statement.

Final acceptance of the qualifying transaction will occur upon the issuance of the final exchange bulletin by the exchange. Subject to final acceptance by the exchange, the company will be classified as a Tier 2 technology issuer pursuant to exchange policies. The common shares are expected to commence trading on the exchange under the symbol EVNT at the opening of the markets on June 12, 2026.

Following completion of the qualifying transaction, the officers and directors of the resulting issuer are as follows: (i) Liron Carmel (chief executive officer and chair); (ii) Yossi Lapovsky (chief financial officer and corporate secretary); (iii) Guy Zion (CTO); (iv) Noa Maman (chief operating officer); (v) Ron Dloomy (director); and (vi) Assaf Itzhaik (director).

Full details of the qualifying transaction and related matters are set out in the filing statement of the company dated May 28, 2026, which can be found under the company's SEDAR+ profile.

Final acceptance of the transaction by the exchange is subject to the company filing all final documentation.

About Eventer Technologies Ltd.

Eventer is an Israeli technology company operating a software-as-a-service-based platform for the management and sale of tickets for live events, including performances, festivals, conferences, lectures, courses, nightlife events and other consumer experiences. The company provides event organizers with an end-to-end operational platform designed to support the full life cycle of an event, including ticket sales management, attendee administration, marketing tools, customer support services and event-entry solutions. In addition to its software platform, Eventer provides ancillary services to organizers, including sales and marketing support and secure payment processing solutions through third party service providers.

About LDB Capital Corp.

LDB is a capital pool company within the meaning of the policies of the exchange, created to identify and evaluate potential acquisitions or business combinations with a view to completing a qualifying transaction in accordance with exchange policies.

We seek Safe Harbor.

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