Beedie Investments Ltd. Announces Filing of Updated Early Warning Report in Relation to VIQ Solutions

Core Viewpoint - Beedie Investments Ltd. has completed an internal reorganization involving the transfer of shares and warrants of VIQ Solutions Inc. to its wholly-owned subsidiaries, Beedie Capital Investments Ltd. and Beedie Capital Lending Ltd. [1][2] Group 1: Reorganization Details - Beedie Capital transferred 5,150,537 common shares and 12,915,217 common share purchase warrants of VIQ Solutions to Beedie Capital Investments and assigned its rights under a credit agreement to Beedie Capital Lending [1] - All outstanding shares of Beedie Capital Investments and Beedie Capital Lending were assigned to Beedie Capital Holdings Ltd., making them wholly-owned subsidiaries [1] Group 2: Ownership Structure - Prior to the reorganization, Beedie Capital would own or control a total of 18,065,754 common shares of VIQ Solutions, representing approximately 21.96% of the issued and outstanding common shares on a partially diluted basis, assuming full conversion of the warrants [2] - Following the reorganization, Beedie Capital, through Beedie Capital Investments, continues to own or control the same number of common shares, maintaining the 21.96% ownership stake [3] Group 3: Investment Intentions - All securities held by Beedie Capital in VIQ Solutions are for investment purposes, with potential future actions including purchasing additional shares, engaging in corporate transactions, or selling portions of the holdings [4]