Miivo Enters into Definitive Agreement to Acquire Tandem Partners

Core Viewpoint - Miivo Holdings Corp. has entered into a definitive share exchange agreement to acquire Tandem Partners, enhancing its operational and strategic capabilities, particularly in the SME sector [1][2]. Transaction Details - The total consideration for the acquisition is CAD $1,250,000, with 50% payable at closing and the remaining 50% due six months later [3][8]. - The payment structure includes approximately CAD $417,000 in cash and the remainder in common shares at a deemed price of $0.60 per share [8]. Company Background - Miivo has a long-standing relationship with Tandem, which has provided CEO and CFO services and contributed to the development of Miivo's AI CFO solution [5][6]. - Miivo focuses on leveraging AI to provide financial intelligence to SMEs, aiming to optimize operations and improve financial performance [11]. Strategic Implications - The acquisition is expected to create operational synergies, streamline processes, and position Miivo for growth as it prepares to launch products in the North American market in Q1 2026 [2][6]. - The integration of Tandem's advisory model is anticipated to unlock value for Miivo's shareholders and drive innovation [2][6]. Regulatory Considerations - The transaction is classified as a Reviewable Transaction under TSXV Policy 5.3 due to the involvement of related parties, requiring TSXV acceptance and fulfillment of specific conditions [7][9]. - Shareholder approval is not required as the transaction does not exceed 10% of Miivo's outstanding securities on a non-diluted basis [10].