Carrier Connect Data Solutions Inc. Completes Acquisition of PureColo Inc.

Rhea-AI Summary

Carrier Connect Data Solutions (OTCQB: CCDSF) completed its acquisition of PureColo on December 4, 2025, acquiring all issued and outstanding securities of PureColo.

The consideration comprised an aggregate 4,606,704 common shares and approximately $2,326,000 cash paid pro rata. The Consideration Shares are escrowed and released in thirds at four, eight and twelve months after December 4, 2025. Cash consideration is payable over nine months and is subject to adjustment based on PureColo debt covenants. PureColo adds two carrier-neutral Ottawa data centers, increasing the company’s colocation footprint alongside Vancouver and Perth. A Business Acquisition Report will be filed within regulatory timelines.

Positive

• Two Ottawa data centers added to Carrier Connect portfolio
• Consideration mix of 4,606,704 shares plus ~$2,326,000 cash
• Geographic scale expanded to Ottawa in addition to Vancouver and Perth

Negative

• 4,606,704 shares issued may dilute existing shareholders
• $2,326,000 cash payable over nine months and subject to adjustment based on PureColo debt covenants

News Market Reaction

%

1 alert

% News Effect

On the day this news was published, CCDSF declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Share consideration: 4,606,704 shares Cash consideration: $2,326,000 Cash payment period: 9 months +5 more

8 metrics

Share consideration 4,606,704 shares Paid to PureColo securityholders as part of acquisition

Cash consideration $2,326,000 Aggregate cash payable over nine months for PureColo acquisition

Cash payment period 9 months Cash consideration payable over nine-month period

Escrow release schedule 4, 8, 12 months Consideration Shares released in thirds after Dec 4, 2025

New data centers 2 data centers PureColo’s Ottawa-area carrier-neutral facilities added

Price change 24h -4.71% Pre-news 24h move for CCDSF

52-week range $0.51 - $0.7413 Price stood 2.63% above 52-week high level pre-news

Float 15,011,350 shares Shares float from risk context

Market Reality Check

Price: $1.48 Vol: Volume 10,300 is slightly...

normal vol

$1.48 Last Close

Volume Volume 10,300 is slightly below 20-day average 11,836 (relative 0.87). normal

Technical Price 0.7608 is trading above 200-day MA at 0.59 and above 52-week high 0.7413.

Historical Context

1 past event · Latest: Dec 04 (Positive)

1 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Acquisition completion	Positive	+0.0%	Closed PureColo acquisition adding two Ottawa carrier-neutral data centers.

Recent Company History

This announcement reflects Carrier Connect Data Solutions’ strategy to expand its Tier II/III data center footprint. On December 4, 2025, the company completed the acquisition of PureColo, issuing 4,606,704 shares and agreeing to approximately $2,326,000 cash payable over nine months. The deal added two carrier-neutral Ottawa data centers to existing Vancouver and Perth locations. The immediate 0% price reaction suggests the market had largely priced in the transaction or awaited further financial disclosure such as the planned Business Acquisition Report.

Market Pulse Summary

This announcement details Carrier’s completion of the PureColo acquisition, adding two carrier-neutr...

Analysis

This announcement details Carrier’s completion of the PureColo acquisition, adding two carrier-neutral Ottawa data centers and expanding its colocation footprint. Consideration included 4,606,704 shares under escrow and approximately $2,326,000 in cash over nine months, with adjustments tied to debt covenants. Investors may monitor the upcoming Business Acquisition Report for financial contribution, integration progress across Ottawa, Vancouver and Perth, and any updates on revenue growth and utilization of the expanded capacity.

Key Terms

carrier-neutral, colocation, escrow, debt covenants, +1 more

5 terms

carrier-neutral technical

"PureColo is an established provider of carrier-neutral data centers in the Ottawa..."

A carrier-neutral facility or service is one that is not owned or limited to a single telecommunications provider, allowing multiple network carriers to connect and compete within the same location. For investors, this matters because carrier-neutral assets tend to attract more customers, reduce dependency on one provider, and often support faster growth, higher occupancy and more stable revenue—think of a marketplace that welcomes any vendor rather than an exclusive shop.

colocation technical

"...data centers internationally that specialize in delivering co-location, is pleased..."

Colocation is the practice of placing a trader’s computer servers inside or next to an exchange’s data center so their orders travel the shortest possible distance to the exchange’s computers. For investors this matters because even tiny gains in speed can mean better trade prices or reduced slippage—like being first in line at a checkout—so firms that colocate can gain steady, measurable advantages or incur extra costs that affect returns.

escrow financial

"The Consideration Shares are subject to certain escrow conditions releasable as to 1/3..."

A neutral third party holds money, documents, or assets until both sides in a transaction meet agreed conditions, like a safety deposit box that only opens when everyone fulfills the rules. For investors, escrow reduces risk and increases certainty by ensuring payments or shares are released only when contractual steps are completed, which affects deal timing, legal protection, and the likelihood that a transaction will close as planned.

debt covenants financial

"Cash Consideration is payable over a nine-month period and is subject to adjustment based on certain debt covenants..."

Debt covenants are rules written into a loan or bond agreement that limit what a borrower can do — for example, requirements to keep profits or assets above a certain level, limits on taking more debt, or restrictions on selling key assets. They matter to investors because breaking these promises can force immediate repayment, raise borrowing costs, or signal financial stress, much like breaking the terms of a lease can lead to penalties or eviction.

business acquisition report regulatory

"The Company plans to file a Business Acquisition Report ("BAR") in accordance with securities regulations..."

A business acquisition report is a formal disclosure that describes when one company buys another company or a significant part of it, including key terms like price, how the deal is funded, and which assets or operations change hands. Investors use it like a house inspection report—showing what was bought and how it was paid for—because acquisitions can change a company’s future earnings, debt levels, and strategic direction, affecting share value and risk.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 4, 2025) - Carrier Connect Data Solutions Inc. (TSXV: CCDS) (OTCQB: CCDSF) (WKN: A40XB1) (the "Company" or "Carrier"), a data center company on a mission to roll up Tier II/III data centers internationally that specialize in delivering co-location, is pleased to announce, further to its news release dated November 28, 2025, that it has completed its acquisition (the "Acquisition") of all of the issued and outstanding securities of PureColo Inc. ("PureColo") from its existing securityholders (the "PureColo Securityholders"). PureColo is an established provider of carrier-neutral data centers in the Ottawa, Canada region, offering colocation and server hosting for internet connectivity, geographical redundancy and disaster recovery.

Upon completion of the Acquisition, the Company has (a) issued an aggregate of 4,606,704 common shares (the "Consideration Shares") and (b) paid an aggregate of approximately $2,326,000 (the "Cash Consideration") to the PureColo Securityholders, on a pro rata basis, in connection with the Acquisition. The Consideration Shares are subject to certain escrow conditions releasable as to 1/3 on each of the dates that are four-, eight- and twelve-months following December 4, 2025. The Cash Consideration is payable over a nine-month period and is subject to adjustment based on certain debt covenants of PureColo in the SPA.

Mark Binns, CEO of Carrier, comments, "This is an exciting acquisition for our evolution as a company. Adding PureColo and their two Ottawa area data centers to our portfolio, along with Vancouver and Perth, is expected to take the Company to a new level of scale and growth potential. The acquisition of PureColo represents significantly increased revenue and square footage, and PureColo has many industry relationships that we will aim to leverage for further acquisitions. We welcome the PureColo staff to our team, and we look forward to updating shareholders on further advancements as they happen."

The Company plans to file a Business Acquisition Report ("BAR") in accordance with securities regulations within the prescribed time with respect to the Acquisition, and will issue a further news release on filing the BAR.

About Carrier Connect Data Solutions Inc.

Carrier Connect Data Solutions' mission is to roll up Tier II/III data centers internationally that specialize in delivering co-location and data center solutions to AI companies, service providers, enterprises and small businesses. Data centers are the physical locations that store computing machines and their related hardware equipment, such as servers, data storage drives, and network equipment. As a carrier-neutral organization, Carrier's systems are fully independent and owned outright within its leased space. The current principal markets for the Company are Vancouver and Ottawa, Canada and Perth, Australia, where it serves clients who use its facilities either as their primary datacenter or as an ancillary site depending on their needs.

ON BEHALF OF THE BOARD OF DIRECTORS,

"Mark Binns"

Mark Binns, CEO

For further information, please contact:

Attention: Mark Binns, CEO
Email: mark@carrierconnectds.com
Phone: 778-945-1074

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof. Such forward-looking information is based on numerous assumptions, including among others, that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward-looking information are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. Forward-looking information also involves known and unknown risks and uncertainties and other factors, which may cause actual events or results in future periods to differ materially from any projections of future events or results expressed or implied by such forward-looking information or statements, including, among others: negative operating cash flow and dependence on third party financing, uncertainty of additional financing, reliance on key management and other personnel, and the risk factors with respect to the Company set out in the Company's filings with the Canadian securities regulators and available under the Company's profile on SEDAR+ at www.sedarplus.ca. Readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277002

FAQ

What did Carrier Connect announce about the PureColo acquisition on December 4, 2025 (CCDSF)?

Carrier Connect completed the acquisition of PureColo, issuing 4,606,704 shares and paying approximately $2,326,000 in cash as consideration.

How is the consideration structured for Carrier Connect's acquisition of PureColo (CCDSF)?

Consideration consists of 4,606,704 common shares plus about $2.326M cash, with shares escrowed and cash payable over nine months.

When do the Consideration Shares from the PureColo deal become releasable for CCDSF shareholders?

The Consideration Shares are escrowed and releasable in thirds at 4, 8 and 12 months after December 4, 2025.

How will the PureColo acquisition affect Carrier Connect's data center footprint (CCDSF)?

The acquisition adds two carrier-neutral data centers in Ottawa, increasing colocation capacity alongside Vancouver and Perth locations.

Is the cash payment for PureColo final or subject to change for CCDSF?

The approximately $2.326M cash consideration is payable over nine months and is subject to adjustment based on PureColo debt covenants.