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AmeriTrust Financial Technologies Inc. — Capital/Financing Update 2026
Jan 2, 2026
46622_rns_2026-01-02_3e7b921d-b1bc-47d2-8832-7f3e87f95e61.pdf
Capital/Financing Update
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FORM 72-503F REPORT OF DISTRIBUTIONS OUTSIDE CANADA
- Full name, address and telephone number of the Issuer.
a) Full name of issuer
AmeriTrust Financial Technologies Inc. (formerly, Powerband Solutions Inc.) / AmeriTrust Financial Technologies Inc. (formerly, Powerband Solutions Inc.)
b) Head office address
Street address 1100 Burloak Dr. Suite 300
Province/State Ontario
Municipality Burlington
Postal code/Zip code L7L 6B2
Country Canada
Telephone number +1 (416) 986-3421
c) Full legal name(s) of co-issuer(s) (if applicable)
- Type of security, the aggregate number or amount distributed and the aggregate purchase price.
Types of security distributed
Provide the following information for all distributions of securities relying on an exemption from section 2.3 or 2.4 of the Rule on a per security basis. Refer to the Instructions for how to indicate the security code. If providing the CUSIP number, indicate the full 9-digit CUSIP number assigned to the security being distributed.
| Security code | CUSIP number (if applicable) | Description of security | Number of securities | Canadian $ | ||
|---|---|---|---|---|---|---|
| Single or lowest price | Highest price | Total amount | ||||
| UBS | 030736300 | Units comprised of one CMS and one WNT | 9,663,000.0000 | $0.0500 | $0.0500 | $483,150.0000 |
| UBS | 030736409 | Units comprised of $1,000 principal amount of CVD and approx. 11,765 WNT | 395.0000 | $1,000.0000 | $1,000.0000 | $395,000.0000 |
Details of rights and convertible/exchangeable securities
If any rights (e.g. warrants, options) were distributed, provide the exercise price and expiry date for each right. If any convertible/exchangeable securities were distributed, provide the conversion ratio and describe any other terms for each convertible/exchangeable security.
| Security code | Underlying security code | Exercise price (Canadian $) | Expiry date (YYYY-MM-DD) | Conversion ratio | Describe other terms (if applicable) | |
|---|---|---|---|---|---|---|
| Lowest | Highest | |||||
| WNT | CMS | $0.1200 | $0.1200 | 2030-12-23 | 1:1 | Exercisable from 60 days following the closing date until the expiry date, subject to a accelerated expiry in certain |
| circumstances. | ||||||
|---|---|---|---|---|---|---|
| CVD | CMS | $0.0850 | $0.0850 | 2030-12-23 | 8% senior unsecured convertible debentures. |
3. Date of distribution(s).
| Distribution date |
| --- |
| State the distribution start and end dates. If the report is being filed for securities distributed on only one distribution date, provide the distribution date as both the start and end dates. If the report is being filed for securities distributed on a continuous basis, include the start and end dates for the distribution period covered by the report. |
| Start date 2025 12 23
YYYY MM DD
End date 2025 12 23
YYYY MM DD |
- State the name and address of any person acting as dealer or underwriter (including an underwriter that is acting as agent) in connection with the distribution(s) of the securities.
| Dealer or underwriter information |
|---|
| Full legal name CLARUS SECURITIES INC / VALEURS MOBILIERES CLARUS INC. (NRD #13160) |
| Dealer or underwriter information |
| Full legal name CORMARK SECURITIES INC. / VALEURS MOBILIERES CORMARK INC. (NRD #10090) |
Certification
Certification
Provide the following certification and business contact information of an officer, director or agent of the issuer. If the issuer is not a company, an individual who performs functions similar to that of a director or officer may certify the report. For example, if the issuer is a trust, the report may be certified by the issuer's trustee. If the issuer is an investment fund, a director or officer of the investment fund manager (or, if the investment fund manager is not a company, an individual who performs similar functions) may certify the report if the director or officer has been authorized to do so by the investment fund.
The certification may be delegated, but only to an agent that has been authorized by an officer or director of the issuer to prepare and certify the report on behalf of the issuer. If the report is being certified by an agent on behalf of the issuer, provide the applicable information for the agent in the boxes below.
The signature on the report must be in typed form rather than handwritten form. The report may include an electronic signature provided the name of the signatory is also in typed form.
Securities legislation requires an issuer that makes a distribution of securities under certain prospectus exemptions to file a completed report of exempt distribution.
By completing the information below, I certify, on behalf of the issuer/investment fund manager, to the securities regulatory authority or regulator, as applicable, that I have reviewed this report and to my knowledge, having exercised reasonable diligence, the information provided in this report is true and, to the extent required, complete.
Name of Issuer/ investment fund manager/agent
AmeriTrust Financial Technologies Inc.
Full legal name
MORGAN
Jeff
Family name
First given name
Secondary given names
Title
Chief Executive Officer
Telephone number
+1 (866) 768-7653
Signature
/s/ Jeff Morgan, solely on behalf of the issuer and without personal liability
Email address
[email protected]
Date
2026
01
02
YYYY
MM
DD