Subject: For Immediate Release
PDF Document
File: Attachment LBaggio_20250514_PR.pdf
EARLY WARNING PRESS RELEASE
Shareholder Reports Change in Equity Interests in Mobio Technologies Inc.
This news release is being disseminated as required by National Instrument 62-103 - The Early
Warning System and Related Take-Over Bid and Insider Reporting Issues
Vancouver, British Columbia, May 14, 2025 Further to the news release of Mobio Technologies Inc.
(the "Company") dated April 24, 2025 announcing the completion of its reverse takeover (RTO) (the
"Transaction") of Tracksuit Movers Inc. ("TMI"), the closing of a non-brokered private placement (the
"Private Placement") and the settlement of outstanding debt (the "Debt Settlement") following
final approval from the TSX Venture Exchange, Mr. Baggio advises that he acquired common shares
("Shares") of the Company pursuant to the Transaction and through his participation in both the
Private Placement and the Debt Settlement.
Mr. Baggio personally and through his holding company 0947395 BC Ltd., acquired an aggregate of
17,500,000 Shares pursuant to the Transaction at a deemed price of CDN $0.20 per Share.
Additionally, through his company Phoenix Ventures Inc., Mr. Baggio acquired 900,000 Shares at
CDN $0.20 per Share by participating in the Private Placement. Mr. Baggio also acquired 1,770,806
Shares issued in connection with the Debt Settlement through his holding companies Phoenix
Ventures Inc. and Cascadia Junk Removal Inc. at CDN $0.20 per Share.
As a result of Mr. Baggio's direct and indirect participation in the Debt Settlement, Private Placement
and the Transaction, the number of shares controlled by Mr. Baggio increased from 5,600,563 (prior
to the transactions) to 25,771,369 (post closing of the transactions). The percentage of the Shares
controlled by Mr. Baggio increased from 13.15% (prior to the transactions) to 23.67% (post closing
of the transaction) on a non-diluted basis and from 13.13% (prior to the transactions) to 23.66% (post
closing of the transaction) on a partially diluted basis.
The number of issued and outstanding Shares of the Company increased from 42,583,260 to
108,855,746.
An early warning report has been filed by the Acquiror under applicable securities laws and will be
available on the Company's SEDAR+ profile at www.sedarplus.ca. A copy of the early warning report
may also be obtained by contacting the Company at 604-428-7050.
LAURIE BAGGIO
© 2026 Canjex Publishing Ltd. All rights reserved.