03:34:32 EST Sun 02 Nov 2025
Enter Symbol
or Name
USA
CA



Ionik Corp
Symbol INIK
Shares Issued 356,695,799
Close 2025-10-30 C$ 0.09
Market Cap C$ 32,102,622
Recent Sedar Documents

Ionik closes sale of Schiefer Media

2025-10-31 18:18 ET - News Release

Mr. Ted Hastings reports

IONIK ANNOUNCES SALE OF SCS SUBSIDIARY

Ionik Corp. has completed the sale of substantially all of the assets of its wholly owned subsidiary, Schiefer Media Inc. (SCS), which operated under the brand name SCS, to Push Media USA Inc., pursuant to an asset purchase agreement entered into on Oct. 31, 2025.

The sale of SCS reflects Ionik's continued evolution as a unified, data-driven marketing technology company. By streamlining its operations around its core media activation and marketing optimization platforms, Ionik is sharpening its focus on leveraging first-party data, omnichannel solutions and AI-driven (artificial intelligence) automation to deliver greater efficiency, performance and value for customers.

"The sale of SCS represents another important step in executing our strategy to simplify and strengthen our business around scalable, technology-enabled performance marketing operations," said Ted Hastings, chief executive officer of Ionik. "We're proud of what the SCS team has accomplished and are confident that the business will continue to thrive under its new ownership."

Transaction overview

Under the terms of the transaction, the purchaser has acquired substantially all of the assets of SCS, including client contracts, intellectual property and goodwill, and has assumed certain related liabilities. The purchase price was $1.2-million (U.S.), with net proceeds of $750,000 (U.S.) payable in cash on closing after taking into account customary working capital adjustments. Proceeds from the sale will be reinvested into the business to strengthen its balance sheet and support continued growth initiatives across its media activation and marketing optimization platforms.

About Ionik Corp.

Ionik, a Tier 1 issuer on the TSX Venture Exchange, with shares also trading on the OTCQB Venture Market, is a technology-driven marketing and advertising solutions company that helps brands, advertisers and publishers connect with their audiences through data-driven insights and advanced automation. By leveraging its extensive suite of integrated marketing technology, creative expertise and proprietary first party data, Ionik optimizes the entire customer acquisition and retention journey.

Ionik's platform unites media activation and marketing optimization through its AI-powered data engine to create a seamless advertising ecosystem, helping businesses efficiently source, retain and monetize their customers

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