The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition to acquire 100 per cent of the equity interests in REVS Charging LLC, dated Sept. 28, 2026.

Pursuant to the terms of the agreement, Hypercharge will acquire 100 per cent of the interests of REVS. The total consideration is $4.75-million, consisting of $500,000 in upfront cash and $3-million in closing equity consideration payable in common shares at a deemed issue price of 23 cents per share. Additionally, the vendor may earn up to $1.25-million in deferred consideration, payable in common shares over three years, subject to the achievement of specific gross profit performance milestones. No finder's fee is payable.

For further details, please refer to the company's news releases dated Sept. 11, 2026, Sept. 29, 2026, and Oct. 1, 2026.