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Carbeeza Announces Warrant Extension and Repricing

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Carbeeza (OTCQB:CRBAF), a Canadian software company specializing in AI-powered automotive financing solutions, has applied to the TSX Venture Exchange to modify terms of 4.7 million common share purchase warrants. The company proposes to extend expiration dates by one year and reduce exercise prices to $0.15 for both March Warrants (4 million) and July Warrants (700,000).

The March Warrants' expiry would be extended to September 1, 2026, from the original September 1, 2025, while July Warrants would be extended to January 29, 2027, from January 29, 2026. All Subject Warrants are held by non-insiders, and modifications remain subject to TSX Venture Exchange approval.

Carbeeza (OTCQB:CRBAF), un'azienda canadese specializzata in soluzioni di finanziamento automobilistico basate sull'intelligenza artificiale, ha presentato una richiesta alla TSX Venture Exchange per modificare i termini di 4,7 milioni di warrant di acquisto di azioni ordinarie. La società propone di estendere la scadenza di un anno e di ridurre il prezzo di esercizio a 0,15 $ sia per i warrant di marzo (4 milioni) che per quelli di luglio (700.000).

La scadenza dei warrant di marzo verrebbe estesa al 1° settembre 2026, rispetto alla data originale del 1° settembre 2025, mentre quella dei warrant di luglio sarebbe prorogata al 29 gennaio 2027, rispetto al 29 gennaio 2026. Tutti i warrant interessati sono detenuti da soggetti non interni all'azienda e le modifiche sono soggette all'approvazione della TSX Venture Exchange.

Carbeeza (OTCQB:CRBAF), una empresa canadiense especializada en soluciones de financiamiento automotriz impulsadas por inteligencia artificial, ha solicitado a la TSX Venture Exchange modificar los términos de 4,7 millones de garantías para comprar acciones comunes. La compañía propone extender las fechas de vencimiento por un año y reducir los precios de ejercicio a $0.15 tanto para las Garantías de marzo (4 millones) como para las de julio (700,000).

La expiración de las Garantías de marzo se extendería hasta el 1 de septiembre de 2026, desde el original 1 de septiembre de 2025, mientras que las Garantías de julio se extenderían hasta el 29 de enero de 2027, desde el 29 de enero de 2026. Todas las Garantías objeto de la solicitud están en manos de personas no internas, y las modificaciones están sujetas a la aprobación de la TSX Venture Exchange.

Carbeeza (OTCQB:CRBAF)는 AI 기반 자동차 금융 솔루션을 전문으로 하는 캐나다 소프트웨어 회사로, TSX 벤처 거래소에 470만 보통주 매수 워런트 조건 변경을 신청했습니다. 회사는 만기일을 1년 연장하고, 3월 워런트(400만 개)와 7월 워런트(70만 개) 모두의 행사가격을 0.15달러로 인하할 것을 제안했습니다.

3월 워런트 만기일은 기존 2025년 9월 1일에서 2026년 9월 1일로 연장되며, 7월 워런트는 2026년 1월 29일에서 2027년 1월 29일로 연장됩니다. 해당 워런트는 모두 내부자가 아닌 자가 보유하고 있으며, 변경 사항은 TSX 벤처 거래소의 승인을 받아야 합니다.

Carbeeza (OTCQB:CRBAF), une entreprise canadienne spécialisée dans les solutions de financement automobile alimentées par l'IA, a soumis une demande à la TSX Venture Exchange pour modifier les termes de 4,7 millions de bons de souscription d'actions ordinaires. La société propose de prolonger les dates d'expiration d'un an et de réduire les prix d'exercice à 0,15 $ pour les bons de souscription de mars (4 millions) et de juillet (700 000).

La date d'expiration des bons de mars serait prolongée du 1er septembre 2025 au 1er septembre 2026, tandis que celle des bons de juillet serait reportée du 29 janvier 2026 au 29 janvier 2027. Tous les bons concernés sont détenus par des personnes extérieures à l'entreprise, et les modifications restent soumises à l'approbation de la TSX Venture Exchange.

Carbeeza (OTCQB:CRBAF), ein kanadisches Softwareunternehmen, das sich auf KI-gestützte Finanzierungslösungen für die Automobilbranche spezialisiert hat, hat bei der TSX Venture Exchange die Änderung der Bedingungen von 4,7 Millionen Wandeloptionsscheinen auf Stammaktien beantragt. Das Unternehmen schlägt vor, die Ablaufdaten um ein Jahr zu verlängern und die Ausübungspreise auf 0,15 $ sowohl für die März-Warrants (4 Millionen) als auch für die Juli-Warrants (700.000) zu senken.

Das Ablaufdatum der März-Warrants würde vom ursprünglichen 1. September 2025 auf den 1. September 2026 verlängert, während die Juli-Warrants vom 29. Januar 2026 auf den 29. Januar 2027 verlängert werden. Alle betroffenen Warrants befinden sich im Besitz von Nicht-Insidern, und die Änderungen unterliegen der Genehmigung durch die TSX Venture Exchange.

Positive
  • Reduced warrant exercise price could encourage warrant holders to exercise, potentially bringing in additional capital
  • Extended warrant expiration provides more time for potential exercise
Negative
  • Warrant repricing from $0.25 and $0.20 to $0.15 indicates potential weakness in share price
  • Extension of warrants creates longer-term dilution potential for existing shareholders

CALGARY, AB / ACCESS Newswire / June 27, 2025 / Carbeeza Inc. ("Carbeeza" or the "Company") (TSXV:AUTO)(OTCQB:CRBAF) announces that the Company has made an application to the TSX Venture Exchange to extend the expiry date and reduce the exercise price of a total of 4,700,000 common share purchase warrants of the Company (collectively, the "Subject Warrants").

Of the Subject Warrants, 4,000,000 share purchase warrants were issued pursuant to a private placement of units on March 1, 2024 (the "March Warrants") (see news release of the Company dated March 4, 2024) with an original exercise price of $0.25 and an expiry date of September 1, 2025. The Company is seeking to amend the terms of the March Warrants to extend the date of expiration one year to September 1, 2026, and reduce the exercise price to $0.15 per March Warrant.

The balance of the Subject Warrants, 700,000 share purchase warrants, were issued pursuant to a private placement of units on July 29, 2024 (the "July Warrants") (see news release of the Company dated July 30, 2024) with an original exercise price of $0.20 and an expiry date of January 29, 2026. The Company is seeking to amend the terms of the July Warrants to extend the date of expiration one year to January 29, 2027, and reduce the exercise price to $0.15 per July Warrant.

All of the Subject Warrants are held by non-insiders of the Company. Other than the proposed extension and repricing of the Subject Warrants, all other terms and conditions of the Subject Warrants remain unchanged. The extension and repricing of the Subject Warrants remains subject to the approval of the TSX Venture Exchange.

Carbeeza Inc.

Carbeeza is a Canadian-based software company whose platform is targeted to the automotive marketplace. It is the first application to harness the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer. Carbeeza is highly beneficial to both consumers and auto dealers.

ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.

Mark Tommasi, Chief Executive Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Mark Tommasi, Interim Chief Executive Officer
Email: Investorrelations@carbeeza.com
Telephone: 604 318 1448
Website: www.carbeeza.com

SOURCE: Carbeeza Inc.



View the original press release on ACCESS Newswire

FAQ

What changes is Carbeeza (CRBAF) proposing for its warrants in June 2025?

Carbeeza is seeking to extend the expiration date by one year and reduce the exercise price to $0.15 for 4.7 million warrants, including both March Warrants (4 million) and July Warrants (700,000).

How many warrants are affected by Carbeeza's warrant modification request?

A total of 4.7 million warrants are affected, consisting of 4 million March Warrants and 700,000 July Warrants.

What is the new proposed expiration date for Carbeeza's March Warrants?

The March Warrants' expiration date would be extended to September 1, 2026, one year beyond the original September 1, 2025 expiry.

What is Carbeeza's main business focus?

Carbeeza is a Canadian software company that uses Artificial Intelligence to predict the best financing scenarios for consumers in the automotive marketplace while maintaining consumer anonymity.

Are any insider-held warrants affected by this modification?

No, all of the Subject Warrants are specifically noted to be held by non-insiders of the Company.
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