(via TheNewswire)
Up to 4 Million Units to be Issued at a Price of C$0.75
Vancouver, BC and San Juan, Puerto Rico, November 9, 2026 – TheNewswire - Tiger Financial Services Inc. (CSE: BANQ) (“Tiger” or the “Company”) is pleased to announce that it intends to undertake a non-brokered private placement (the “ Offering ”) of up to 4,000,000 units of the Company (each, a “ Unit ”) at a price of C$0.75 per Unit, for aggregate gross proceeds of up to C$3,000,000.00.
Each Unit will consist of one common share in the capital of the Company (each, a “ Common Share ”) and one-half of one common share purchase warrant (each whole warrant, a “ Warrant ”). Each whole Warrant will entitle the holder thereof to purchase one additional Common Share at an exercise price of C$1.25 per Common Share for a period of 24 months from the date of issuance.
In connection with the Offering, the Company may pay eligible finders a cash commission of up to 6% of the gross proceeds raised from subscribers introduced to the Company by such finders and issue non-transferable broker warrants (the “ Broker Warrants ”) equal to up to 6% of the number of Units sold to such subscribers. Each Broker Warrant will entitle the holder thereof to acquire one Common Share at a price of C$0.75 per Common Share for a period of 24 months from the date of issuance.
The Company intends to use the net proceeds from the Offering for general corporate purposes. It is expected that insiders of the Company will participate in the offering.
All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the date of closing in accordance with applicable securities laws. The Offering is subject to customary closing conditions including, but not limited to, the receipt of all necessary approvals, including the acceptance of the CSE.
The securities to be issued under the Offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “ Securities Act ”), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act.
About Tiger Financial Services Inc.
Tiger is an international fintech focused on high-growth emerging markets. Headquartered in Puerto Rico, the company develops and launches AI-powered banking infrastructure for small businesses across Southeast Asia. Led by founder and CEO Ben Aissa, a fintech entrepreneur with over 20 years of international experience scaling payments and banking ventures, Tiger combines AI-driven payments, digital banking, and embedded finance to serve one of the world's largest underserved business segments. Through its Vietnam subsidiary, Vietpay Technology Company Corporation, Tiger has an operating foothold in Southeast Asia and plans to expand across Thailand, Indonesia, Malaysia, the Philippines, Cambodia, and Myanmar, a regional opportunity of more than 60 million small businesses. Tiger's model combines proprietary technology with deep market expansion expertise and partnerships with licensed commercial banks, enabling the company to deliver tailored local fintech services while executing a multi-country high-growth strategy.
Cautionary Note
For further information, please contact:
Rob Crocker, VP Capital Markets
Phone: (647) 521-9081
Email: rob.crocker@tigerfinancial.com
Forward-Looking Information
The Canadian Securities Exchange has in no way approved nor disapproved the contents of this press release. Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking statements and information that are based on the beliefs of management and reflect Tiger’s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information.
Such statements and information reflect the current view of Tiger. Risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: (a) Tiger may require additional financing from time to time in order to continue its operations; (b) financing may not be available when needed or on terms and conditions acceptable to the Tiger; (c) new laws or regulations could adversely affect the Tiger's business and results of operations; and (d) the stock markets have experienced volatility that often has been unrelated to the performance of companies. These fluctuations may adversely affect the price of the Tiger's securities, regardless of its operating performance.
There are a number of important factors that could cause the Tiger's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: limited business history of Tiger; risks related to Tiger’s corporate strategy including that previous and future acquisitions do not meet expectations, disruptions or changes in the credit or security markets; results of operation activities; unanticipated costs and expenses, fluctuations in commodity prices, and general market and industry conditions. Tiger cautions that the foregoing list of material factors is not exhaustive. When relying on Tiger’s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Tiger has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Tiger as of the date of this press release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward looking information and should not rely upon this information as of any other date. While Tiger may elect to, it does not undertake to update this information at any particular time except as required in accordance with applicable laws.
The securities being offered have not, nor will they be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons in the absence of U.S. registration or an applicable exemption from the U.S. registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.
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