Mr. Brandon Kou of Algo8 reports
GOGO AI NETWORK INC. AND ALGO8 AI INC. ANNOUNCE RESUMPTION OF TRADING OF ALGO8 AI INC.
The common shares of Gogo AI Network Inc.'s spinout, Algo8 AI Inc., will resume trading today. The halt was imposed to assist with administrative matters relating to adjustments (described below) and was unrelated to any business developments or other actions of Algo8.
In connection with the previously announced plan of arrangement, pursuant to which Gogo spun out its investment in Algo8 Industrial AI Inc. into Algo8 (formerly 1589675 B.C. Ltd.), which arrangement closed at 12:01 a.m. on Oct. 6, 2026, as previously disclosed in Gogo and Algo8's news release dated Oct. 6, 2026, adjustments to the distribution of Algo8 shares to market participants have been processed to ensure that beneficial holders of common shares of Gogo as of the effective time received Algo8 shares in accordance with the terms of the arrangement.
For further information regarding the arrangement, please see Gogo's news releases dated June 22, 2026, Sept. 9, 2026, and Oct. 6, 2026, and Gogo's management information circular dated July 29, 2026, prepared in connection with the special meeting of shareholders of Gogo held on Aug. 31, 2026, which is available under Gogo's profile on SEDAR+.
About Gogo AI Network Inc.
Gogo is an investment issuer focused on identifying, investing in and supporting early-stage and growth-stage companies developing artificial intelligence, automation and next-generation software technologies. The company targets opportunities across multiple sectors and geographies, and seeks to create long-term shareholder value through disciplined capital allocation, active portfolio support and the strategic monetization of its investments over time.
About Algo8 AI Inc.
Algo8 is an industrial artificial intelligence company. Its industrial AI operating system, anchored by the flagship PlantBrain platform, connects the operational and business systems customers already run and combines industrial context with generative, agentic, predictive and physical AI to turn industrial data into decisions and actions. Large-scale manufacturing, energy and infrastructure operators use it to optimize production scheduling, maintenance, quality, energy use and throughput, driving productivity and progressively more autonomous operations. The platform is delivered to customers globally, from initial diagnostic through deployment and continuing support.
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