01:04:37 EST Fri 20 Feb 2026
Enter Symbol
or Name
USA
CA



Parvis Invest Inc
Symbol PVIS
Shares Issued 31,852,557
Close 2026-02-19 C$ 0.30
Market Cap C$ 9,555,767
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Parvis Invest to acquire Richmond Global for $800,000

2026-02-19 19:58 ET - News Release

Mr. David Michaud reports

PARVIS ANNOUNCES FIRST STRATEGIC ACQUISITION WITH PLANNED PURCHASE OF RICHMOND GLOBAL WEALTH

Parvis Invest Inc. has entered into a definitive agreement to acquire all outstanding shares of Richmond Global Wealth Inc., a full-service wealth, tax, investment and insurance advisory firm under the Bluestar Equity umbrella.

This marks Parvis's first strategic acquisition and represents a key step in the company's plan to build a modern, integrated investment platform for Canadian investors.

Under the terms of the agreement, the acquisition is structured as an all-share transaction valued at approximately $800,000. The shareholders of RGW will receive common shares of Parvis at a deemed price of 50 cents per share. The transaction has been unanimously approved by the boards of directors of both Parvis and RGW.

RGW provides full-service financial advisory capabilities, including planning, tax optimization, insurance solutions and long-term portfolio strategy. Integrating these services into the Parvis ecosystem expands the support and guidance available to investors alongside curated private market opportunities.

"This acquisition deepens our commitment to giving investors clarity, choice and confidence," said David Michaud, founder and chief executive officer of Parvis. "The addition of RGW's registered advisory platform allows us to offer a much wider range of investment options to our clients. Investors can now access both traditional investments, such as stocks and bonds, and private market opportunities, in one connected system. This creates a smoother experience and helps deliver stronger results by combining planning, advice and support across both areas. Whether an investor is just beginning or already managing a more advanced portfolio, we can now serve them through a single, unified relationship."

As Parvis continues to expand its network of issuers, advisers and private investment opportunities, RGW's advisory infrastructure will enhance the company's ability to support both new and experienced investors across the exempt market and Canadian Investment Regulatory Organization-regulated investment dealer channels. The combined capabilities are expected to create a more integrated on-boarding experience, more consistent portfolio oversight and richer planning insights throughout the investor journey.

The transaction is expected to close on or about Feb. 27, subject to satisfaction of customary closing conditions, receipt of shareholder approval, receipt of all required regulatory approvals and approval of the TSX Venture Exchange.

About Parvis Invest Inc.

Parvis is a technology-driven investment platform dedicated to democratizing access to institutional-quality opportunities. Utilizing artificial intelligence and blockchain technology, Parvis streamlines the investment process, making it more accessible and efficient. Headquartered in Vancouver, Parvis operates with experts in Toronto, Vancouver, Kelowna and Montreal.

We seek Safe Harbor.

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