Core Viewpoint - TrustBIX Inc. has signed a non-binding Letter of Intent to acquire Output Provider Solutions Inc., aiming to enhance its technology platform and expand its service offerings in the agriculture and agri-food ecosystem [1][5]. Proposed Transaction Overview - TrustBIX will acquire 100% of OPS's shares in exchange for up to 5,000,000 units, each consisting of one common share and one warrant, allowing the purchase of a common share at $0.08 for two years [3]. - The completion of the transaction is contingent upon due diligence, board approvals, third-party approvals, and the signing of a Definitive Agreement by February 27, 2026 [5]. Company Profiles - TrustBIX is an agricultural technology company focused on providing Gate to Plate® solutions to promote trust and sustainability in the food supply chain [7]. - OPS is a technology services company based in Edmonton, Alberta, offering connected communications and productivity software across multiple countries [2]. Leadership and Strategic Intent - Paris Lee, CEO of OPS, will continue to lead OPS post-acquisition, focusing on revenue growth and client delivery [4]. - TrustBIX's CEO, Hubert Lau, emphasized that the acquisition will strengthen TrustBIX's platform and enhance its ability to deliver value-added products and services [5].
TrustBIX Inc. Announces Letter of Intent to Acquire 100% of Output Provider Solutions Inc.
TMX Newsfile·2026-02-10 14:15