NEW WAVE ANNOUNCES Closing of Non-Brokered Private Placement of Units

Core Points - New Wave Holdings Corp. has successfully closed a non-brokered private placement, raising gross proceeds of $385,000 by issuing 7,000,000 units at a price of $0.055 per unit [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, allowing the purchase of an additional share at $0.07 from August 13, 2025, until May 30, 2027 [2] - The proceeds from the offering will be utilized for future portfolio investments, supporting current investments, and general working capital [2] Regulatory and Offering Details - The offering was completed under the Listed Issuer Financing Exemption as per National Instrument 45-106, and the securities issued are not subject to a hold period under Canadian securities laws [3] - An amended and restated offering document related to this LIFE Offering is available on the Company's profile and website [4] - The securities issued will not be registered under the U.S. Securities Act and cannot be offered or sold within the United States without proper registration or exemption [5] Company Overview - New Wave Holdings Corp. is an investment issuer focused on supporting innovative and fast-growing companies in the esports, Artificial Intelligence, Blockchain, and Web3 sectors [6]