05:37:08 EST Sat 07 Feb 2026
Enter Symbol
or Name
USA
CA



Route1 Inc (2)
Symbol ROI
Shares Issued 42,497,156
Close 2025-11-27 C$ 0.075
Market Cap C$ 3,187,287
Recent Sedar+ Documents

Route1 applies to extend private placement by 30 days

2025-11-27 17:11 ET - News Release

Mr. Tony Busseri reports

ROUTE1 APPLIES FOR EXTENSION OF PRICE PROTECTION FOR NON-BROKERED PRIVATE PLACEMENT

In connection with the non-brokered private placement of units originally announced in Route1 Inc.'s news release of Nov. 4, 2025, the company has applied to the TSX Venture Exchange for an extension of a further 30 days price protection to complete further subscriptions for the second and final tranche of the offering. The company intends the final closing to close in the next couple of weeks.

The final closing is subject to receipt of further subscriptions and all necessary corporate and regulatory approvals, including the approval of TSX-V. All securities issued in connection with the offering will be subject to a hold period of four months plus a day from the date of issuance. Certain insiders of the company may participate in the final closing.

The company intends to use the net proceeds of the offering to finance the development of Route1's actionable business intelligence software application.

Appointment of Jerry Iwanski as interim chief financial officer

Effective Dec. 1, 2025, the company is pleased to announce the appointment of Jerry Iwanski as interim chief financial officer. Mr. Iwanski will replace Tony Busseri as interim chief financial officer. Mr. Busseri will continue in his role as president and chief executive officer of the company.

Version 4.0 -- artificial intelligence co-pilot

To be released in early 2026, Route1's co-pilot will be an AI operations co-pilot that acts as a force multiplier -- exponentially extending staff capability. It will be purpose-built to optimize parking operations by combining advanced machine learning with a secure, scalable platform that keeps control of sensitive data in-house.

The system will run on a dedicated on-premise AI infrastructure, including three GPU servers, backed by shared storage, solid-state checkpointing and high-speed networking to deliver consistent low-latency performance.

Sized for state-of-the-art 13B-70B models, Route1's AI co-pilot will be designed for continuous refinement and understanding of unique parking operations and how socio-economic factors and decisions can impact those operations in real time. Engineered for adaptive learning through feedback, measurement and refinement cycles, Route1's AI co-pilot will empower clients to achieve even more in the future by unlocking advanced capabilities such as event-aware staffing, predictive compliance sweeps, pro-active curb allocation and strategic what-if investment planning. The more it is used, the stronger it becomes -- growing into a domain-specialized AI expert in parking operations.

About Route1 Inc.

Route1 is an advanced North American technology company that empowers its clients with data-centric solutions necessary to drive greater profitability, improve operational efficiency and gain sustainable competitive advantages, while always emphasizing a strong cybersecurity and information assurance posture. Route1 delivers exceptional client outcomes through real-time secure delivery of actionable intelligence to decision makers. Route1 is listed in Canada on the TSX Venture Exchange under the symbol ROI.

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