The TSX Venture Exchange has accepted for filing Mobio Technologies Inc.'s reverse takeover (RTO) as principally described in the company's information circular dated Feb. 24, 2025.

The RTO includes the following matters, all of which have been accepted by the exchange.

Reverse takeover -- completed

Pursuant to a share exchange agreement dated Feb. 14, 2025, between the Mobio and Tracksuit Movers Inc., Mobio acquired all of the issued and outstanding shares of Tracksuit Movers. Consideration was 50 million common shares of Mobio (excluding the non-brokered private placement and shares for debt, as described below).

The exchange has been advised that disinterested shareholders of the company approved the RTO on March 31, 2025, at an annual general and special meeting of company shareholders.

For additional information, please refer to the company's circular dated Feb. 24, 2025, available under the company's profile on SEDAR+, as well as the company's news releases dated March 14, 2022, March 16, 2022, May 30, 2022, March 2, 2023, Nov. 10, 2023, April 5, 2024, May 16, 2024, June 10, 2024, July 17, 2024, Sept. 3, 2024, Nov. 7, 2024, Dec. 11, 2024, Dec. 31, 2024, and April 24, 2025.

Private placement -- non-brokered

Financing type:  non-brokered private placement

Gross proceeds:  $1.8-million

Offering:  nine million listed shares

Offering price:  20 cents per listed share

Shares for debt

Debt settled:  $1,454,497.20

Securities issued:  7,272,486 listed shares

Issue price:  20 cents per listed share

For additional information, please refer to Mobio's circular dated Feb. 24, 2025, available under the Mobio's profile on SEDAR+, as well as the Mobio's news releases dated March 14, 2022, March 16, 2022, May 30, 2022, March 2, 2023, Nov. 10, 2023, April 5, 2024, May 16, 2024, June 10, 2024, July 17, 2024, Sept. 3, 2024, Nov. 7, 2024, Dec. 11, 2024, Dec. 31, 2024, and April 24, 2025.

The company is classified as an industrial company.

Capitalization:  unlimited common shares with no par value, of which 108,855,746 common shares are issued and outstanding

Escrowed:  88,907,253 common shares

Escrow term:  three years

Resume trading

Effective at the open on Monday, April 28, 2025, the shares of the company will resume trading.