We make Wi-Fi. Better. Edgewater Wireless delivers unmatched Wi-Fi QoS—bar none—by intelligently mitigating congestion, managing spectrum allocation in real-time, and autonomously reconfiguring channel and link density—driving economic gains for service providers and their customers through reduced churn, improved efficiency, and high- performance connectivity in dense environments. Redefining Wi-Fi from the silicon up, Edgewater's patented, AI-powered Spectrum Slicing platform—delivered through the PrismIQ ...

Core Viewpoint - Edgewater Wireless Systems Inc. is seeking to extend the expiry dates of its outstanding share purchase warrants, which allow holders to acquire a total of 8,330,000 common shares of the company [1][2]. Group 1: Warrant Details - The warrants were issued through a non-brokered private placement, consisting of two tranches: 7,830,000 warrants in the first tranche (closed on December 20, 2023) and 500,000 warrants in the second tranche (closed on February 26, 2024) [2]. - Each warrant from both tranches allows the purchase of one common share at an exercise price of $0.10 for a two-year period [2]. - The original expiry dates for the 2023 and 2024 warrants are December 20, 2025, and February 26, 2026, respectively, which the company proposes to extend by an additional 12 months [2]. Group 2: Company Overview - Edgewater Wireless specializes in enhancing Wi-Fi quality of service (QoS) by managing spectrum allocation and mitigating congestion, which leads to economic benefits for service providers and customers [3]. - The company’s patented AI-powered Spectrum Slicing platform, delivered through the PrismIQ™ product family, significantly improves Wi-Fi performance, offering 10x performance and up to 50% lower latency [4]. - Edgewater holds 26 patents and operates on a fabless model, aiming to transform Wi-Fi economics for service providers, OEMs, and enterprises across various markets, including residential, enterprise, and Industrial IoT [4].