INEO Announces Filing of a Rights Offering Circular

Core Viewpoint - INEO Tech Corp. has announced a rights offering to raise up to $1,683,357, allowing shareholders to purchase additional common shares at a subscription price of $0.01 each [2]. Group 1: Rights Offering Details - The rights offering will provide one right for each common share held by shareholders as of the record date of December 2, 2025 [2]. - The rights will be tradable on the TSXV under the symbol "INEO.RT" from December 2, 2025, until December 29, 2025, after which unexercised rights will be void [4]. - Shareholders who fully exercise their rights will have the opportunity to subscribe for additional common shares if available due to unexercised rights [4]. Group 2: Change of Control Provisions - Certain change of control payments are due to the CEO and Chairman if any party acquires 50% or more of the common shares, including a payment equal to three years' salary and immediate vesting of stock options [3]. - To avoid triggering these change of control rights, the company will limit the number of common shares issued so that no subscriber acquires 49.99% or more of the outstanding shares [3]. Group 3: Use of Proceeds - Proceeds from the rights offering are expected to be allocated for inventory purchases, customer deployments, payment of current liabilities, and general administrative expenses [7]. Group 4: Company Overview - INEO Tech Corp. operates at the intersection of in-store retail media and loss prevention, offering a digital signage and retail analytics platform through its subsidiary [9]. - The company is headquartered in Surrey, British Columbia, and is publicly traded on the TSX Venture Exchange and OTCQB [9].