Uniserve Provides Update on Filing of Business Acquisition Report Related to Megawire Transaction

Core Viewpoint - Uniserve Communications Corporation is in the process of preparing a business acquisition report (BAR) and associated financial statements related to its acquisition of Megawire Inc, but will not meet the filing deadline due to the need for additional time to prepare the necessary financial documents [1][3]. Group 1: Acquisition Details - Uniserve has announced the acquisition of all business, assets, and undertakings of Megawire Inc [1]. - The BAR is required to be filed within a 75-day period as per National Instrument 51-102 [2]. - Uniserve expects to complete the required filings by no later than June 30, 2026 [4]. Group 2: Financial Reporting Challenges - The company requires additional time to prepare the financial statements for the BAR and to complete the audit of the annual financial statements [3]. - Megawire and the other involved companies, Brimax Financial Services Inc. and Waterloo Wireless Inc., are private entities that have not previously prepared or filed audited financial statements [3]. Group 3: Company Position and Future Outlook - Uniserve is pleased to have completed the acquisition of Megawire, viewing it as a significant step in expanding its capabilities and geographic reach in managed IT and digital infrastructure solutions across Canada [5]. - The company confirms it is current in its other continuous disclosure filings aside from the required filings related to the acquisition [4].