00:41:51 EDT Sat 09 May 2026
Enter Symbol
or Name
USA
CA



Cloud3 Ventures Inc (2)
Symbol CLDV
Shares Issued 7,909,221
Close 2026-05-08 C$ 0.03
Market Cap C$ 237,277
Recent Sedar+ Documents

Cloud3 investors Orthogonal, Pluto sell their shares

2026-05-08 21:41 ET - News Release

An anonymous director reports

EARLY WARNING PRESS RELEASE

Orthogonal Thinker Inc. has disposed of 120,495 subordinate voting shares and 33,761 multiple voting shares of Cloud3 Ventures Inc. through a private transaction, for an aggregate price of $117,660, at 3.365 cents per SVS share. Orthogonal delivered notice to exercise the right to acquire 2,444 MVS shares, and has also disposed of the right. The shares represent approximately 25.90 per cent of the issued and outstanding SVS shares on a non-diluted basis (calculated based on the total number of MVS shares outstanding on an as converted basis) and 27.21 per cent on a partially diluted basis. Each MVS share has a restricted right to convert into 100 SVS shares.

Orthogonal also announced that Pluto 11.11 Inc., a related party, has disposed of 806,530 SVS shares and 17,000 MVS shares, through a private transaction, for an aggregate price of $84,344, at 3.365 cents per SVS share. The shares represent approximately 18.56 per cent of the issued and outstanding SVS shares on a non-diluted basis (calculated based on the total number of MVS shares outstanding on an as converted basis).

Immediately prior to the dispositions, Orthogonal and Pluto together held 927,025 SVS shares, 50,761 MVS shares, 12,974 MVS warrants and a right to acquire 2,444 MVS shares and 5,698 MVS warrants, representing approximately 44.46 per cent of the issued and outstanding SVS shares on a non-diluted basis (calculated based on the total number of MVS shares outstanding on an as converted basis) and 51.97 per cent on a partially diluted basis.

Immediately following the dispositions, Orthogonal and Pluto together hold nil SVS shares, nil MVS shares, 12,974 MVS warrants and a right to acquire 5,698 MVS warrants, representing approximately 0 per cent of the issued and outstanding SVS shares and 12.15 per cent on a partially diluted basis.

Orthogonal and Pluto have disposed the SVS shares and MVS shares for investment purposes. In the future, Orthogonal and Pluto will evaluate their investment in the company from time to time, and may, based on such evaluation, market conditions and other circumstances, increase or decrease their shareholdings as circumstances require through market transactions, private agreements or otherwise.

A copy of the early warning report being filed by Orthogonal may be obtained on SEDAR+ under the company's profile or by contacting the company.

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