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Universal Digital Inc
Symbol LFG
Shares Issued 46,145,434
Close 2025-06-10 C$ 0.74
Market Cap C$ 34,147,621
Recent Sedar Documents

Universal Digital shareholders enter share lockup deal

2025-06-10 17:22 ET - News Release

Mr. Tim Chan reports

UNIVERSAL DIGITAL INC. ANNOUNCES VOLUNTARY SHAREHOLDER LOCK-UPS

Universal Digital Inc. shareholders have entered into voluntary share lockups with respect to an aggregate of 11,461,000 common shares of the company. These lockups demonstrate a strong alignment between the company's long-term strategic objectives and shareholder commitment.

Under the terms of the voluntary lockup agreements, the restricted shares will be subject to staged releases over a 12-month period commencing on July 31, 2025. The release schedule is as shown in the attached table.

These voluntary restrictions complement existing escrow arrangements and contractual transfer restrictions entered into as part of the company's recent transactions. In total, approximately 63 per cent of the company's outstanding shares are now subject to transfer restrictions.

"This voluntary lock-up reflects the confidence of our shareholders in the long-term vision of Universal Digital," said Tim Chan, chief executive officer of Universal Digital. "We believe this measure will contribute to a stable capital structure as we continue to execute our growth strategy."

Engagement of SnowBridge Ltd.

On June 3, 2025, Universal Digital announced that it had engaged SnowBridge to support digital reach. The consulting agreement is dated June 2, 2025, and the on-line marketing and awareness services began on that date. The services may be terminated by the company without notice.

The promotional activities are being led by:

SnowBridge Ltd.

71-75 Shelton St., London, WC2H 9JQ, United Kingdom

E-mail:  info@snowbridge.link

Telephone:   44-20-3807-0751

SnowBridge has no prior relationship with the company and does not hold any securities of the company. Pursuant to the agreement, SnowBridge has been retained to deliver digital marketing and investor awareness services, which may include on-line advertising, content distribution, social media engagement and outreach to investors. The agreement provides for a maximum marketing budget of up to $500,000, with all services and expenditures subject to the company's prior approval. No securities, options or other equity-based compensation have been or will be granted in connection with this engagement.

About Universal Digital Inc.

Universal Digital is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach, and to participate in the transformation of global finance through the integration of digital asset strategies.

We seek Safe Harbor.

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