Mr. Suman Pushparajah reports
PREDICTIV AI ANNOUNCES DEBT SETTLEMENT AND PROVIDES ADDITIONAL DETAILS OF PREVIOUSLY ANNOUNCED CONSULTING AGREEMENT WITH AKTIEN MEDIA INC.
Predictiv AI Inc. has agreed to settle an aggregate of $298,272 of indebtedness owing to certain creditors of the company through the issuance of an aggregate of 2,485,606 common shares in the capital of the company at a deemed price of 12 cents per common share. All securities issued pursuant to the debt settlement will be subject to a statutory hold period expiring four months and one day from the date of issuance in accordance with applicable Canadian securities laws and the policies of the Canadian Securities Exchange.
An insider of the company is participating in the debt settlement and is a related party of the company within the meaning of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). As a result, the issuance of 475,000 common shares pursuant to the debt settlement constitutes a related-party transaction for the purposes of MI 61-101. The company is relying on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(b) and 5.7(1)(a) of MI 61-101, respectively, in respect of the related-party issuance, as neither the fair market value of the common shares to be issued in connection with the related-party issuance, nor the indebtedness being settled through such issuance exceeds 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101.
Consulting service agreement with Aktien Media Inc.
As announced on Aug. 6, 2026, the company has entered into a consulting service agreement dated July 30, 2026, with Aktien Media, pursuant to which the company has engaged Aktien to provide Internet advertising and market awareness services focused on increasing awareness of the company among European investors, particularly German investors. Under the agreement, Aktien will disseminate publicly available information and news regarding the company through Internet channels, including EQS News and Aktien's website, and will arrange for digital advertising on German investor-focused websites. Aktien's engagement under the agreement commenced on Aug. 7, 2026, and is for an initial term of three months, ending on Nov. 7, 2026, unless extended by mutual agreement of the company and Aktien. As consideration for Aktien's services under the agreement, the company has agreed to pay Aktien a cash fee of 5,000 euros plus applicable taxes per month, representing aggregate compensation of 15,000 euros plus applicable taxes for the initial three-month term of the agreement. The compensation payable under the agreement does not include any options, warrants or other rights to acquire securities of the company, and Aktien is at arm's length to the company.
About Predictiv AI Inc.
Predictiv is a Canadian artificial intelligence company focused on developing vertical AI applications for defined industries. The company's products address fleet operations and communications, including fleet management software, AI-based agents for voice, chat and SMS, and tools designed to support structured operational workflows.
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