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Sabio Holdings Inc
Symbol SBIO
Shares Issued 50,989,645
Close 2026-08-05 C$ 0.14
Market Cap C$ 7,138,550
Recent Sedar+ Documents

Sabio obtains $1.5-million (U.S.) term loan facility

2026-08-07 07:08 ET - News Release

Mr. Sajid Premji reports

SABIO ANNOUNCES US$1.5 MILLION TERM LOAN FACILITY

Sabio Holdings Inc. has entered into a facility letter and loan agreement dated Aug. 5, 2026, through its wholly owned subsidiary, Sabio London Ltd., with an arm's-length private credit provider in respect of a non-revolving term loan facility in the principal amount of $1.5-million (U.S.). The proceeds of the facility will be used to finance the company's short-term working capital requirements, ordinary course operating expenses and general corporate purposes.

The facility will be advanced in a single drawing and will mature nine months after the financing date, subject to earlier acceleration following the occurrence and continuation of an event of default. The facility will bear interest at a rate of 25 per cent per annum, calculated daily and generally accrued on a payment-in-kind basis, with three months accrued interest payable in cash on the date falling three months after the financing date. The company will also pay an origination fee and an exit fee, each equal to 2 per cent of the original principal amount of the facility.

The company may voluntarily prepay the facility, subject to any required senior lender or factoring provider approval, upon payment of the outstanding principal, accrued and unpaid interest, and a make-whole amount equal to the interest that would otherwise have accrued on the principal amount prepaid through the original maturity date.

The facility will be supported by a security package relating primarily to certain assets and receivables of Sabio London Ltd. subject to the company's existing United Kingdom factoring arrangement, permitted encumbrances and other agreed exclusions.

No securities of the company will be issued in connection with the facility, and no finder's fee, commission or loan bonus is payable.

The advance of funds under the facility remains subject to the satisfaction or waiver of the conditions precedent contained in the loan agreement, receipt of required third party consents, completion of the applicable intercreditor arrangements and acceptance of the TSX Venture Exchange, to the extent required.

Subject to board approval, compliance with applicable related-party transaction requirements, applicable law and the consent of SLR, upon the maturity of the debentures held by Aziz Rahimtoola, having an aggregate principal amount of $537,850, the company may deposit any repayment proceeds into a separate controlled account established pursuant to a deposit account control arrangement among the applicable parties. The controlled account and amounts credited to it will remain subject to SLR's security interest and release control in accordance with the applicable account control and intercreditor arrangements.

If implemented, the proposed controlled account arrangement would constitute a related-party transaction under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions) because Mr. Rahimtoola is a director and senior officer of the company. The company expects to rely on the exemptions from the formal valuation and minority shareholder approval requirements contained in sections 5.5(a) and 5.7(1)(a), respectively, of MI 61-101, as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the arrangement, insofar as it involves Mr. Rahimtoola, is expected to exceed 25 per cent of the company's market capitalization. Mr. Rahimtoola will disclose his interest and abstain from voting on the approval of the arrangement.

About Sabio Holdings Inc.

Sabio Holdings is a technology and service leader in the fast-growing ad-supported streaming space. Its cloud-based, end-to-end technology stack works with top blue-chip global brands and the agencies that represent them to reach, engage and validate streaming audiences.

Sabio consists of a proprietary ad-serving technology platform that partners with the top ad-supported streaming platforms and apps in the world, App Science, a non-cookie-based software-as-a-service analytic and insight platform with artificial intelligence natural language capabilities, and Creator Television, the first creator-led streaming network and content studio dedicated to bringing the authenticity and energy of social media storytelling to TV.

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