SuperBuzz Inc. — Capital/Financing Update 2020

Dec 31, 2020

FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1. Name and Address of Company

Cross Border Capital I Inc. Suite 1600, 1 First Canadian Place 100 King Street West, Toronto, Ontario, M5X 1G5

Item 2.

Date of Material Change

December 22, 2020

Item 3. News Release

The press release was issued through GlobeNewswire and filed on SEDAR on December 22, 2020.

Item 4. Summary of Material Change

On December 22, 2020, Cross Border Capital I Inc., a capital pool company, completed its initial public offering of 3,000,000 common shares at a price of $0.10 per common share for gross proceeds of $300,000.

Item 5. Full Description of Material Change

5.1 Full Description of Material Change

Cross Border Capital I Inc. (the “ Company ”), a capital pool company, completed its initial public offering (the “ Offering ”) of 3,000,000 common shares at a price of $0.10 per share for gross proceeds of $300,000. As a result of this issuance, the Company now has 5,000,000 Common Shares issued and outstanding.

The net proceeds of the Offering will be used to identify and evaluate assets or businesses for acquisition with a view to completing a Qualifying Transaction as disclosed in the Company’s final prospectus dated October 29, 2020 available on SEDAR at www.sedar.com under the Company’s profile. The Company’s common shares commenced trading on December 22, 2020 on the TSX Venture Exchange under the symbol CBX.P.

The Company granted stock options to its directors and officers to acquire an aggregate of 460,000 common shares at a price of $0.10 per share exercisable until December 22, 2030.

Haywood Securities Inc. acted as agent on a best efforts basis for the Offering and received a corporate finance fee, and a commission equal to 10% of the gross proceeds. The Company issued non-transferable compensation warrants to purchase up to 300,000 Common Shares at a price of $0.10 per share exercisable for a period of 24 months from the date of listing of the Common Shares on the TSX Venture Exchange.

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5.2	Disclosure for Restructuring Transactions
	Not Applicable
Item 6.	Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102 –
	Continuous Disclosure Obligations
	Not Applicable
Item 7.	Omitted Information
	No information has been omitted from this material change report.
Item 8.	Executive Officer
	Yaniv Bresler
	CEO
	Tel: 416-862-4479
Item 9.	Date of Report
	December 31, 2020

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