Subject: Press Release for Dissemination - Light AI Inc - Mario Vetro Announces Acquisition of Securities of Light AI Inc.
PDF Document
File: Attachment 2026_10_08 Light AI Inc - News Release Announcing 10% Ownership.pdf
FOR IMMEDIATE RELEASE
Mario Vetro Announces Acquisition of Securities of Light AI Inc.
West Vancouver, BC Oct 8, 2026 Mario Vetro (the "Acquiror") announces that he has
directly and indirectly acquired ownership of securities of Light AI Inc. (the "Issuer") that, in the
aggregate, exceed 10% of the issued and outstanding common shares of the Issuer.
Details of the Acquisition and Holdings
dot Number of common shares acquired in the transaction that triggered this report:
12,410,000
dot Acquisition price / consideration per security: $0.035
dot Date of the transaction: Oct 8th, 2026
dot Holdings immediately before the transaction: 1,395,501 common shares, representing
1.13%
dot Total number of common shares now owned or controlled by the Acquiror and any joint
actors: 12,410,000
dot Percentage of the outstanding common shares this represents: 10.05% (based on
123,509,735 shares outstanding per the Issuer's transfer agent)
dot 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 its 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+ at www.sedarplus.ca. 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
1540 - 1075 W Georgia St
Vancouver, BC V6E 3C9
778-846-9970
mariovetro@gmail.com
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