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Vsblty files amended nine-month results

2026-03-07 05:28 ET - News Release

Ms. Linda Rosanio reports

VSBLTY AMENDS AND RESTATES Q3 2025

As a result of a review by the B.C. Securities Commission, Vsblty Groupe Technologies Corp. is issuing the following press release to clarify its disclosure.

Vsblty has filed amended and restated financial statements and related management's discussion and analysis for the nine months ended Sept. 30, 2025. The financial statements were amended to remove an erroneous reference in the subsequent event notes, which referred to a $2-million convertible debenture financing. The company wishes to clarify that no convertible debenture financing was completed during or subsequent to the nine months ended Sept. 30, 2025. The MD&A was amended to include additional discussion of the company's liquidity and related-party transactions.

Management has confirmed that the restatement does not affect the company's underlying operations, revenues, gross margin or cash position for the affected periods.

The company has filed the restated financial statements and MD&A on SEDAR+, and they are available on the company's website.

About Vsblty Groupe Technologies Corp.

Headquartered in Philadelphia, Vsblty is the world leader in artificial intelligence and real-time interpretation of what a CCTV and other cameras see.

Using its proprietary AI software, Vsblty has developed a range of security products that include not only facial recognition but weapon recognition utilizing modern surveillance cameras and legacy CCTV cameras. Vsblty has the capability to create a pro-active security system rather than a reactive security system, providing early warning of threats that can save lives.

By utilizing facial recognition, age and gender, Vsblty's proprietary technology can also effectively enhance retail brand engagement and measurement through customized ads on digital displays at point of purchase in real time. This technology has been proved to increase brand sales by over 25 per cent. The firm is also recognized for its leadership role in the growing store-as-a-medium movement that enables brands to reach customers with paid media ads when and where buying decisions are being made while producing a new revenue stream for retailers. Most recently, Vsblty has been building object recognition software to identify products by SKU, at the point of checkout, to integrate this capability into their retail media network offering to large consumer packaged goods brands in Latin America.

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