Carbeeza Inc. Announces Name Change and Issuance of Stock Options

Rhea-AI Summary

Carbeeza Inc. (OTCQB:CRBAF) announced its corporate rebranding to Agereh Technologies Inc., effective September 11, 2025, on the TSX Venture Exchange. The company's ISIN and CUSIP numbers will update to CA00848B1013 and 00848B101 respectively.

Additionally, the company granted 300,000 stock options to employees and consultants at $0.12 per share, exercisable for five years. The options have a structured vesting schedule: 50,000 vest immediately, another 50,000 on January 1, 2026, and the remainder upon achieving specific performance milestones.

Positive

• Stock options grant demonstrates commitment to employee retention and performance-based incentives

Negative

• Relatively low stock option exercise price at $0.12 per share indicates current market conditions

CALGARY, AB / ACCESS Newswire / September 9, 2025 / Carbeeza Inc. ("Carbeeza" or the "Company") (TSXV:AUTO)(OTCQB:CRBAF) is pleased to announce that it will be completing a corporate name change to "Agereh Technologies Inc." and will begin trading under its new name at the start of trading on September 11, 2025 on the TSX Venture Exchange. The Company's ISIN and CUSIP numbers will change to CA00848B1013 and 00848B101, respectively.

No action is required to be taken by shareholders with respect to the name change. Outstanding share and warrant certificates are not affected by the name and ticker symbol change and do not need to be exchanged.

Issuance of Options

The Company additionally announced that it has granted an aggregate of 300,000 stock options (the "Options") to certain employees and consultants of the Company to purchase common shares of the Company at a price of $0.12 per share for a period of five years from issuance. Of the Options, 50,000 options vest immediately, with an additional 50,000 vesting on January 1, 2026. The balance of the Options shall vest in tranches upon the achievement of defined performance-based milestones. The issuance of the Options is subject to approval by the TSX Venture Exchange, where necessary.

About Carbeeza Inc.

Carbeeza is a Canadian-based AI technology company whose platforms target advanced technology solutions for the transportation industry. The first application developed is harnessing the power of Artificial Intelligence to accurately predict the best financing scenario for consumers, all while keeping the consumer anonymous. Upcoming products will continue to deliver advanced technology solutions that address critical challenges in the transportation industry.

ON BEHALF OF THE BOARD OF DIRECTORS OF CARBEEZA INC.

Ken Brizel, CEO

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:

Ken Brizel
CEO
info@agereh.com
Website: www.carbeeza.com

Notice Regarding Forward-Looking Information:

This news release contains forward-looking statements including but not limited to statements regarding the Company's business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.

The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities law. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made, by third parties in respect of the matters discussed above.

SOURCE: Carbeeza Inc.

View the original press release on ACCESS Newswire

FAQ

When will Carbeeza Inc. (CRBAF) change its name to Agereh Technologies?

Carbeeza will begin trading as Agereh Technologies Inc. on September 11, 2025 on the TSX Venture Exchange.

What are the new ISIN and CUSIP numbers for Agereh Technologies (formerly Carbeeza)?

The new ISIN number is CA00848B1013 and the new CUSIP number is 00848B101.

How many stock options did Carbeeza (CRBAF) grant and at what price?

Carbeeza granted 300,000 stock options at an exercise price of $0.12 per share, valid for five years.

What is the vesting schedule for Carbeeza's newly issued stock options?

50,000 options vest immediately, another 50,000 vest on January 1, 2026, and the remaining options vest based on achieving performance milestones.

Do Carbeeza shareholders need to take any action regarding the name change?

No, shareholders do not need to take any action. Outstanding share and warrant certificates are not affected by the name change.