Mr. Chris Yeung reports
UNIVERSAL DIGITAL INC. ANNOUNCES TERMINATION OF ETF PARTNERSHIP AGREEMENT
Universal Digital Inc. terminated its partnership with LongPoint Asset Management Inc. today with respect to the ETFs (exchange-traded funds) that it previously co-sponsored with LongPoint under its LFG brand. The company will no longer act as a promoter or brand sponsor of these ETFs. Pursuant to the termination, all fee-sharing agreements between the parties terminated as of May 1, 2026. The company is also entitled to receive $260,000 from LongPoint on or before March 31, 2028. No securities of the company are issuable in connection with the termination and no finders' fees or commissions are payable by the company.
About Universal Digital Inc.
Universal Digital is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies.
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