Mr. Chris Cooper reports
SWEET EARTH ENTERS INTO AMENDING AGREEMENT FOR VESALIUS TRANSACTION
Sweet Earth Holdings Corp. has entered into
an amending agreement dated March 11, 2026, among the company, Vesalius
Longevity Labs (Canada) Inc. and Vesalius Longevity Labs (SPV) Inc. (SPV) to amend
certain terms of the business combination agreement dated June 17, 2025, for the acquisition of Vesalius and SPV.
Amendment to completion deadline
The amendment extends the completion deadline for the business combination to Sept. 7, 2026, or
such later date as may be mutually agreed between the parties in writing. The extension is intended to
provide the parties with sufficient time to satisfy all conditions precedent to the completion of the business
combination.
SPV subscription receipts and SPV share financing
The amendment also provides for the issuance of subscription receipts by SPV at a price of 50 cents per SPV subscription receipt. A total of 11 million SPV subscription
receipts have been issued, each of which will automatically convert, without any further action on the
part of the holder, into one common share of SPV upon the satisfaction or
waiver of the applicable release conditions concurrently with the completion of the business combination.
The amendment also provides for the issuance of up to an additional 6,075,000 SPV shares, of which: (i)
5,075,000 were issued pursuant to a non-brokered private placement of SPV shares at a price of 50 U.S. cents per SPV share; and (ii) an additional one million SPV shares will become issuable at a price of 50 U.S. cents per SPV share pursuant to an investment commitment, which becomes triggered upon the
satisfaction of the conditions precedent to the completion of the business combination.
The business combination
The business combination remains subject to the satisfaction of customary conditions precedent,
including the receipt of all required regulatory and shareholder approvals, including approval of the
Canadian Securities Exchange, and is anticipated to close in the second quarter of 2026. Except as
expressly amended by the amendment, the business combination agreement remains in full force and
effect. There can be no assurance that the business combination will be completed on the terms described
herein or at all.
About Vesalius Longevity Labs (Canada) Inc.
Vesalius owns and operates Vesalius USA Inc., which owns and operates as a company dedicated
exclusively to the sale and distribution of peptides and bioregulators through a global network of doctors
and health professionals. Vesalius is committed to leading investment in the most transformative and
impactful health sector of the time: extending healthy human life span.
Vesalius's mission is clear: harness innovations in biotechnology, regenerative medicine and peptide therapies
to help empower individuals to live longer, healthier lives. Backed by a distinguished team of industry
leaders, researchers and innovators, Vesalius is driven by a management team and board of directors with
a record of success in scaling high-impact businesses. Vesalius offers a unique opportunity for
investors to be at the forefront of this commanding trend.
About Sweet Earth Holdings Corp.
Sweet Earth is a reporting issuer in the provinces of British Columbia, Alberta and Ontario with its common
shares listed on the Canadian Securities Exchange. Sweet Earth has been developing hemp and CBD (cannabidiol) related assets in Canada and the
United States, and is actively seeking new and different business opportunities.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.