20:11:27 EDT Tue 05 May 2026
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Seven Oaks adopts semi-annual financial reporting

2026-05-05 16:31 ET - News Release

Mr. Grant McLeod reports

SEVEN OAKS CAPITAL CORP NOTICE REGARDING SEMI-ANNUAL REPORTING PURSUANT TO COORDINATED BLANKET ORDER 51 - 933 - EXEMPTIONS TO PERMIT SEMI-ANNUAL REPORTING FOR CERTAIN VENTURE ISSUERS

Seven Oaks Capital Corp. is relying on the exemption from the requirement to file an interim financial report for each of the three- and nine-month interim periods of its financial year.

This news release is being filed pursuant to Coordinated Blanket Order 51 -- 933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers and OSC Rule 51-507 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

The blanket order, effective March 19, 2026, introduces a pilot project to allow eligible venture issuers to voluntarily adopt semi-annual financial reporting, subject to certain terms and conditions.

On May 1, 2026, the company's board of directors assessed that Seven Oaks meets the terms and conditions of the blanket order and that it is in the best interests of the company to rely on such an exemption.

The company will rely on the quarterly reporting exemption -- and does not intend to file an interim financial report and related management discussion and analysis -- effective from the initial three-month period ending March 31, 2026.

About Seven Oaks Capital Corp.

Seven Oaks Capital is a capital pool company listed on the TSX Venture Exchange dedicated to identifying, evaluating and negotiating a qualifying transaction. Seven Oaks is steadfast in its commitment to corporate governance frameworks with strong decision-making accountability and transparency. Seven Oaks is focused on acquiring growth stage companies with a clear history of revenue growth with ability to scale.

We seek Safe Harbor.

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