Wildfire risk assessment and analytics solutions
Search documents
AISIX Solutions Inc. to Speak on Sharper Models for Sharper Risks Panel at CatIQ 2026
TMX Newsfile· 2026-01-08 13:57
Core Insights - AISIX Solutions Inc. has been selected to present its updated wildfire model at the "Sharper Models for Sharper Risks" panel during CatIQ Connect 2026, highlighting its commitment to advancing wildfire risk assessment in Canada [1][3]. Group 1: Company Overview - AISIX Solutions Inc. is a provider of wildfire risk assessment and analytics solutions, focusing on delivering predictive insights to help organizations manage wildfire-related risks [5]. - The company aims to empower businesses and communities with auditable and defensible assessments to protect their assets from wildfire threats [5]. Group 2: Event Details - CatIQ Connect 2026 is a significant conference on catastrophe risk management in Canada, scheduled for February 3-4, 2026, at the Metro Toronto Convention Centre, featuring experts from insurance, government, and academia [2]. - AISIX will deliver the only presentation focused on wildfire modeling at the conference, emphasizing the importance of data-driven models for understanding and managing wildfire risks [3]. Group 3: Company Milestones - The selection to present at CatIQ Connect 2026 is considered an important milestone for AISIX, reflecting the evolving nature of wildfire risk across Canada [3].
AISIX Solutions Inc. Extends Short Term Loan Agreement
Newsfile· 2025-09-04 13:58
Core Viewpoint - AISIX Solutions Inc. has amended a loan agreement with 1821 Capital Corp., extending a short-term loan of $430,000 for an additional six months, with a cash extension fee of $21,500 [1][2]. Loan Details - The loan has first priority over all assets of the company and was originally set to mature on July 24, 2025, but has now been extended to January 24, 2026 [2]. - The interest rate on the loan remains at 10% per annum, payable at the end of the term [2]. Related Party Transaction - The lender is considered a related party due to the involvement of Mihalis Belantis, a director and CEO of the company, who is the principal of the lender [3]. - The company is relying on exemptions from formal valuation and minority shareholder approval requirements, as the value of the loan extension does not exceed 25% of the company's market capitalization [3]. Shareholder Information - Mihalis Belantis owns approximately 20.6% of the issued and outstanding common shares on a partially diluted basis, which includes 20,903,000 common shares, 2,000,000 options, and 11,758,571 warrants [4]. Company Overview - AISIX Solutions Inc. specializes in wildfire risk assessment and analytics, aiming to provide organizations with predictive insights to protect their assets from wildfire-related risks [6].