23:19:43 EDT Mon 22 Jun 2026
Enter Symbol
or Name
USA
CA



Parvis Invest Inc
Symbol PVIS
Shares Issued 33,452,557
Close 2026-06-22 C$ 0.365
Market Cap C$ 12,210,183
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Parvis enters definitive deal to acquire FavorPoint

2026-06-22 20:05 ET - News Release

Mr. David Michaud reports

PARVIS SIGNS BINDING PURCHASE AGREEMENT TO ACQUIRE FAVORPOINT CAPITAL, A U.S. FINRA-REGISTERED BROKER-DEALER, EXPANDING INTO AMERICAN PRIVATE MARKETS

Parvis Invest Inc. has entered into a definitive share purchase agreement to acquire 100 per cent of the outstanding equity interests of FavorPoint Capital LLC, a Financial Industry Regulatory Authority-registered broker dealer headquartered in Scottsdale, Ariz. The SPA has been executed on the terms and conditions previously announced by the company in connection with its binding letter of intent dated May 21, 2026.

For full details of the transaction terms, including the consideration, structure and strategic rationale, please refer to the company's press release dated May 21, 2026.

Closing of the transaction remains subject to the satisfaction of customary conditions, including receipt of regulatory approvals. The necessary regulatory review processes are currently under way, including the FINRA continuing membership application process in connection with the proposed change of ownership of FavorPoint. There can be no assurance as to the timing of the receipt of such approvals or that all required approvals will be obtained. The company will provide further updates as the process advances.

"The signing of the share purchase agreement with FavorPoint Capital marks the moment Parvis becomes a truly North American business," said David Michaud, founder and chief executive officer of Parvis. "Our ambition has always been to build the leading marketplace where qualified investors and quality private investment opportunities find each other, wherever they may be. This transaction gives us the regulatory foundation to do exactly that, opening access to more than 33 million accredited investors in the United States while we grow a leading investment marketplace across North America, matching the right capital with the right opportunities in both markets."

About FavorPoint Capital LLC

FavorPoint is a FINRA/Securities Insurance Protection Corp. member broker dealer helping everyday accredited investors access professionally curated private real estate investments. The firm sources and filters American real estate opportunities, conducts rigorous multiparty diligence, negotiates investor-friendly terms where available and facilitates deal-by-deal access to private placements offered through formal offering materials. The firm is supported by a seasoned compliance, financial operations and broker dealer infrastructure team with decades of experience across securities compliance, regulatory operations and private placement execution.

About Parvis Invest Inc.

Parvis is a technology-driven investment platform dedicated to expanding access to institutional-quality private market opportunities. Headquartered in Vancouver, Parvis operates across Canada with teams in Toronto, Vancouver and Montreal. The company is registered as an exempt market dealer under National Instrument 31-103 and listed on the TSX Venture Exchange.

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