The TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's-length acquisition of all of the franchise rights and assets held by Easy Moves Holdco LLC and related entities, pursuant to an asset purchase agreement between Mobio Technologies Inc., the sellers and You Move Me LLC, a wholly owned subsidiary of Mobio Technologies.

Pursuant to the terms of the agreement, Mobio Technologies will pay aggregate consideration of $5-million (U.S.) to the sellers as follows: $1-million (U.S.) upon closing the transaction, $1-million (U.S.) on Sept. 30, 2026, and the remaining $3-million (U.S.) in 20 quarterly payments over five years in accordance with a promissory note in favour of the sellers, with simple interest accruing on the principal balance at 5 per cent per annum. The assets consist of all trucks and other fixed assets, including operating rights. No cash or prepaids will be purchased and no liabilities will be assumed.

To finance the initial $2-million (U.S.) of the purchase price, Mobio Technologies obtained loans evidenced by promissory notes from its existing lenders and shareholders: Lance Tracey (director of Mobio Technologies) and Phoenix Ventures Ltd. (a company controlled by Laurie Baggio -- director and chief executive officer of Mobio Technologies). The loans bear simple interest at a rate of 12 per cent per annum.

No finder's fee was paid.

For further details, please refer to the Mobio Technologies' news releases dated July 27, 2026, and Aug. 12, 2026.