18:37:04 EDT Thu 08 Oct 2026
Enter Symbol
or Name
USA
CA



Light AI Inc
Symbol ALGO
Shares Issued 119,977,735
Close 2026-10-08 C$ 0.035
Market Cap C$ 4,199,221
Recent Sedar+ Documents

Light AI investor Vetro holds 12.41 million shares

2026-10-08 17:24 ET - News Release

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.

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