Mr. Gord Breese reports

KATIPULT RECEIVES ADDITIONAL SUPPORT TO PROPEL DIGITAL PRIVATE CAPITAL NETWORK

Katipult Technology Corp. has secured an additional $160,000 in conditional funding and advisory services from the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) to support its research and development efforts for DealFlow Mesh, a fully integrated private capital network.

Building upon the NRC IRAP funding of up to $350,000 in 2022, this additional financial support for the period of September, 2023, to March, 2024, underscores Katipult's commitment to revolutionizing capital markets through cutting-edge technology solutions.

DealFlow Mesh is poised to redefine the private capital landscape by empowering investment dealers and wealth management firms to seamlessly co-ordinate in real time and syndicate deals. Creating a network of investment firms will enhance the efficiency of Canada's capital markets, stimulate capital flow and increase the accessibility of alternative investment deal opportunities.

"We are delighted to receive continued support from NRC as we work towards digitizing and connecting the investment capital landscape. As investors increasingly expect frictionless experiences, and investment dealers strive for efficiency, DealFlow Mesh will usher in a new era of connectivity and increased deal participation," stated Gord Breese, chief executive officer of Katipult.

"With a solid foundation of investment dealers leveraging our platform, we are well positioned to extend our impact beyond individual companies and enhance the entire ecosystem at scale. This additional grant reaffirms our commitment to breaking down silos and advancing the industry," continued Mr. Breese.

About Katipult Technology Corp.

Katipult is a provider of industry-leading and award-winning software infrastructure for powering the exchange of capital in equity and debt markets. Its cloud-based solution and solutions digitize investment workflow by eliminating transaction redundancy, strengthening compliance, delighting investors and accelerating deal flow. Katipult provides unparalleled adaptability for regulatory compliance, asset structure, business model and localization requirements.

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