The TSX Venture Exchange has accepted for filing Telyrx Holdings Inc.'s (formerly Apolo V Acquisition Corp.) qualifying transaction (QT), as described in its filing statement dated March 24, 2026. As a result, at the opening on Tuesday, April 7, 2026, the company will no longer be considered a capital pool company.

Name change and consolidation

Pursuant to a resolution passed by shareholders of the company on March 5, 2026, the company consolidated its capital on the basis of one postconsolidation common share for every 30 preconsolidation common shares. The name of the company has also been changed to Telyrx Holdings

The QT

Pursuant to the business combination agreement dated Jan. 19, 2026, as amended pursuant to an amending agreement dated Feb. 19, 2026, and further amended pursuant to a second amendment dated March 18, 2026, between the company and Telyrx Inc., among others, the company has reorganized its share capital such that the common shares of the company are now known as subordinate voting shares (SVSs) and an additional class of shares, known as proportionate voting shares (PVSs) has been created. Each SVS will entitle the holder to one vote per share and each PVS will entitle the holder to the number of votes equal to the number of SVS into which each PVS is convertible (namely 100 SVSs). The company has indirectly acquired all the issued and outstanding shares of Telyrx for a total of 17,472,593 SVSs (excluding the SVS issued in the private placement -- brokered section below) and 224,967 PVSs.

Private placement -- brokered

Prior to the completion of the QT, Telyrx completed a brokered private placement of subscription receipts, which have been exchanged into the following securities.

Financing type:  brokered -- private placement

Gross proceeds:  $35,911,170

Offering:  7,980,260 SVSs

Offering price:  $4.50 per SVS

Commissions in securities:  46,996 agent's warrants

Commission terms:  Each non-transferable warrant is exercisable at $4.50 for a two-year period.

Disclosure:  Refer to the company's news release dated April 1, 2026.

Number of securities issued and outstanding

Following completion of the QT, a total of 26,353,729 SVSs (including the SVSs issued in the private placement -- brokered section above) and 224,967 PVSs are issued and outstanding.

Graduation

The TSX Venture Exchange has been advised that the company's SVSs will be listed and commence trading on the Toronto Stock Exchange at the market opening on Tuesday, April 7, 2026, under the name Telyrx Holdings with the symbol TELY.

As a result of this graduation, the company's common shares will be delisted from the TSX Venture Exchange at the commencement of trading on the TSX.

Please refer to the original listing bulletin issued by the TSX dated April 2, 2026, for further information on the listing and the filing statement dated March 24, 2026, which is available on SEDAR+.