19:17:35 EDT Mon 06 Apr 2026
Enter Symbol
or Name
USA
CA



Sato Technologies Corp
Symbol SATO
Shares Issued 73,277,780
Close 2026-04-06 C$ 0.10
Market Cap C$ 7,327,778
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Sato Technologies unit gets loan forbearance from Sygnum

2026-04-06 17:03 ET - News Release

Mr. Romain Nouzareth reports

SATO TECHNOLOGIES CORP. ANNOUNCES SUBSIDIARY FORBEARANCE AGREEMENT

Canada Computational Unlimited Inc. (CCU), Sato Technologies Corp.'s wholly owned operating subsidiary, has entered into a subsequent forbearance agreement with Sygnum Bank AG.

The forbearance agreement provides CCU with a temporary and conditional grace period during which Sygnum has agreed to forbear from enforcing certain payment obligations under CCU's existing secured loan agreement, subject to customary conditions and continuing covenants. The forbearance period is intended to provide CCU with enhanced financial flexibility as it progresses with its operational initiatives and broader business strategy.

During the forbearance period, CCU will continue to operate its business in the ordinary course, comply with agreed-upon reporting and operational requirements, and work toward reducing its outstanding indebtedness.

The forbearance agreement does not constitute a waiver of Sygnum's rights under the underlying loan documentation, and Sygnum retains all rights and remedies thereunder following the expiry or termination of the forbearance period, in accordance with its terms.

The forbearance agreement and the transactions contemplated thereby remain subject to acceptance by the TSX Venture Exchange, to the extent required.

About Sato Technologies Corp.

Sato, founded in 2017, is a publicly listed digital infrastructure company transitioning from cryptocurrency mining to AI (artificial intelligence) compute. The company currently operates a 20-megawatt data centre in Quebec powered by 100-per-cent renewable hydroelectricity, with plans to develop AI factory capacity across multiple sites. The company is listed on TSX Venture Exchange: SATO and OTCQB: CCPUF.

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