- Abaxx Technologies has entered into a binding term sheet for a non-brokered private placement financing with a strategic investor.  **[1971975_9b45fc5f51944eb3bb90d81575cd715c_0]** 
- The financing involves the issuance of **1,000,000 units** at **USD$22.00** per unit, generating aggregate gross proceeds of **CAD$30.7 million**.  **[1971975_9b45fc5f51944eb3bb90d81575cd715c_0]** 
- Each unit consists of one common share and one half of one share purchase warrant, with warrants exercisable at **USD$25.00** for a term of thirty months.  **[1971975_9b45fc5f51944eb3bb90d81575cd715c_0]** 
- The proceeds are intended for general corporate and working capital purposes, including funding Abaxx Exchange and Clearing operations, accelerating new hires, expanding product listings, and commercializing the Abaxx Digital Title platform.  **[1971975_9b45fc5f51944eb3bb90d81575cd715c_0]** **[1971975_9b45fc5f51944eb3bb90d81575cd715c_1]** 
- The closing of the financing is expected to occur on or around **October 15, 2025**.  **[1971975_9b45fc5f51944eb3bb90d81575cd715c_0]**

Abaxx Technologies (ABXXF)