Mr. Mario Vetro, a shareholder, reports
MARIO VETRO ANNOUNCES ACQUISITION OF SECURITIES OF LIGHT AI INC.
Mario Vetro has
directly and indirectly acquired ownership of securities of Light AI Inc. that, in the
aggregate, exceed 10 per cent of the issued and outstanding common shares of the issuer.
Details of the acquisition and holdings:
- Number of common shares acquired in the transaction that triggered this report:
12.41 million;
- Acquisition price/consideration per security: 3.5 cents;
- Date of the transaction: Oct. 8, 2026;
- Holdings immediately before the transaction: 1,395,501 common shares, representing
1.13 per cent;
- Total number of common shares now owned or controlled by the acquiror and any joint
actors: 12.41 million;
- Percentage of the outstanding common shares this represents: 10.05 per cent (based on
123,509,735 shares outstanding per the issuer's transfer agent);
- Market on which the securities were acquired: Cboe open market.
Purpose of the transaction
The securities were acquired by the acquiror for investment purposes only. The acquiror does
not have any present intention to acquire control of the issuer or to influence control of the issuer. The acquiror may, in the future and depending on market conditions, the business and
prospects of the issuer, and other factors, increase or decrease his holdings through market
transactions, private agreements or otherwise.
Early warning report
In accordance with National Instrument 62-104 (Take-Over Bids and Issuer Bids) and National
Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider
Reporting Issues), an early warning report containing additional information in respect of the
foregoing will be filed under the issuer's profile on SEDAR+. A copy of the
report may be obtained by contacting the person named below.
For further information or to obtain a copy of the early warning report, contact:
Mario Vetro at
1540, 1075 West Georgia St.,
Vancouver, B.C., V6E 3C9, at
778-846-9970
or at mariovetro@gmail.com.
© 2026 Canjex Publishing Ltd. All rights reserved.