AnalytixInsight Provides Update on Proposed Business Combination with Polymath

Core Viewpoint - AnalytixInsight has mutually agreed to terminate the amalgamation agreement with Polymath Research Inc. and 16737803 Canada Inc. due to unmet conditions for the proposed business combination [1][3]. Group 1: Amalgamation Agreement Details - The amalgamation agreement was intended for a business combination where Polymath and SubCo, a wholly owned subsidiary of AnalytixInsight, would amalgamate under the Canada Business Corporations Act, resulting in a new entity named "Polymath Network Inc." [2] - The completion of the proposed business combination was subject to conditions that were not successfully fulfilled, leading to the termination of the amalgamation agreement [3]. Group 2: Financial and Operational Implications - As part of the unwind process, AnalytixInsight will arrange for the repayment of funds advanced by Polymath under a loan agreement dated March 3, 2025 [4]. - There are no break fees or penalties associated with the termination of the amalgamation agreement [3]. Group 3: Future Actions and Meetings - AnalytixInsight is engaging with the TSX Venture Exchange regarding the termination of the amalgamation agreement and has requested the lifting of the current trading halt on its shares [5]. - The company is proceeding with its annual general and special meeting of shareholders scheduled for January 27, 2026, with further details to be provided [6]. Group 4: Company Overview - AnalytixInsight is a data analytics and enterprise software solutions provider, focusing on cloud-based platforms that offer financial content, company analysis, and stock research solutions to the financial services industry [7].