Welcome to our dedicated page for eXeBlock news (Ticker: EXXBF), a resource for investors and traders seeking the latest updates and insights on eXeBlock stock.
eXeBlock Technology Corporation reports public-company developments centered on capital structure, shareholder ownership and financing activity. News items include private placement activity involving common shares and common share purchase warrants, early warning ownership reports under Canadian securities rules, and updates tied to material agreements, shareholder voting matters, operating results and financial disclosures.
eXeBlock Technology (OTC:EXXBF) announced a non-brokered private placement of up to $2.4 million in subscription receipts at $0.5833 each, linked to its proposed acquisition of Aitenders. Proceeds will be held in escrow, with receipts converting into shares of Aitenders Technologies on escrow release.
The financing carries a 7% cash fee and 7% compensation warrants for the agent, a 24‑month warrant term, and a four‑month‑plus‑one‑day hold period. Shares remain halted pending the transaction.
eXeBlock Technology Corporation (OTC:EXXBF) announced it has entered into a share exchange agreement with Aitenders and Aitenders shareholders dated December 22, 2025 to acquire Aitenders.
The company said the proposed share acquisition (the "Transaction") is anticipated to constitute a "Fundamental Change" under Policy 8 of the Canadian Securities Exchange. All currency references are in Canadian dollars.
Wade Dawe has acquired 4,000,000 common shares and 4,000,000 common share purchase warrants of eXeBlock Technology (EXXBF) through a private placement on January 7, 2025. The warrants have an exercise price of $0.06 and expire on January 7, 2027.
Prior to this acquisition, Dawe owned 6,173,100 shares directly and indirectly through Brigus Capital and Kelligrew. Following the purchase, his total holdings increased to 10,173,100 common shares, representing approximately 13.47% of eXeBlock's 75,529,031 outstanding shares. On a partially diluted basis, his ownership stands at 17.82%.
The acquisition was made for investment purposes, and Dawe may adjust his investment position based on market conditions or other factors.