G. Scott Paterson Acquires Additional FUTR Shares Triggering Early Warning Requirements

Rhea-AI Summary

G. Scott Paterson disclosed additional purchases of common shares of The FUTR Corporation (OTCQB: FTRCF) on December 5, 2025. He acquired 197,500 shares at an average price of $0.30 and has bought a total of 1,162,500 common shares at prices between $0.25–$0.36.

Mr. Paterson also purchased 700,000 units in a $6.5 million financing at $0.30 per unit (total $210,000). In aggregate he now owns or controls 10,334,103 common shares, representing approximately 8.3% non-diluted and 10.5% partially diluted ownership assuming exercise of 228,768 vested options and 2,847,826 warrants. The holdings are for investment purposes and further purchases or dispositions may occur.

Positive

• Total beneficial holdings: 10,334,103 common shares
• Partially diluted ownership reflects 10.5% assuming vested options and warrants
• Purchased 700,000 units in the $6.5M financing at $0.30 per unit

Negative

• Dilution from the $6.5M financing reduced beneficial ownership below 10% on a non-diluted basis
• Significant warrant count (2,847,826) contributes to potential future dilution

News Market Reaction

+6.96%

1 alert

+6.96% News Effect

On the day this news was published, FTRCF gained 6.96%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

New purchase: 197,500 shares Financing size: $6.5 million Units purchased: 700,000 Units +5 more

8 metrics

New purchase 197,500 shares Acquired at an average price of $0.30 per share

Financing size $6.5 million Financing completed at $0.30 per Unit

Units purchased 700,000 Units Bought by Mr. Paterson in the $0.30 financing for $210,000

Additional open-market buys 1,162,500 shares Purchased between $0.25 and $0.36 per share

Total common shares 10,334,103 shares Owned or controlled by Mr. Paterson after recent acquisitions

Non-diluted ownership 8.3% Percentage ownership on a non-diluted basis

Partially diluted ownership 10.5% Assumes exercise of 228,768 options and 2,847,826 warrants

Vested options and warrants 228,768 options & 2,847,826 warrants Instruments assumed for partially diluted ownership

Market Reality Check

Price: $0.1951 Vol: Volume 18,764 is 12% abov...

normal vol

$0.1951 Last Close

Volume Volume 18,764 is 12% above the 20-day average of 16,738 shares ahead of the filing. normal

Technical Shares traded above the 200-day MA, with price at $0.2506 vs MA $0.22 before this news.

Peers on Argus

Sector peers were mostly flat while FTRCF was down 3.38%; one peer, ATMH, jumped...

Sector peers were mostly flat while FTRCF was down 3.38%; one peer, ATMH, jumped 94.77%, suggesting stock-specific factors rather than a broad software move.

Historical Context

5 past events · Latest: Dec 05 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 05	Insider accumulation	Positive	+7.0%	Insider G. Scott Paterson increased FUTR share ownership above early warning levels.
Dec 04	Advisory appointment	Positive	+0.6%	AI pioneer Damian Fozard joined advisory board to support financial agent strategy.
Nov 28	Earnings update	Negative	+6.0%	Q1 2026 results showed lower revenue and higher adjusted operating loss despite financings.
Nov 20	Partnership deal	Positive	-7.9%	National channel partnership with Tax Max expanded U.S. dealer reach and onboarding capacity.
Nov 19	Product launch	Positive	+0.2%	Launch of Payments 2.0 platform enhancing auto payment workflows and integrations.

Pattern Detected

News reactions have been mixed: some positive operational or strategic updates led to gains, but at least one major partnership saw a sharp selloff, indicating inconsistent alignment between news tone and price moves.

Recent Company History

This announcement continues a series of active developments for FUTR. In November 2025, the company launched its Payments 2.0 platform and entered a 36‑month national channel partnership with Tax Max that expanded its dealership network by ~400%. Q1 2026 results on November 28 showed revenue of $1.92 million and increased investment-driven losses, alongside $6.0 million in financings. On December 4, an AI expert joined the advisory board. Today’s insider accumulation update adds an ownership-focused catalyst to this operational and financial backdrop.

Market Pulse Summary

The stock moved +7.0% in the session following this news. A strong positive reaction aligns with the...

Analysis

The stock moved +7.0% in the session following this news. A strong positive reaction aligns with the constructive signal of an investor increasing ownership to 10,334,103 shares, or 10.5% on a partially diluted basis. Historically, FUTR has shown both aligned and divergent moves around news, with 3 aligned and 2 divergent reactions in recent events. Investors could weigh this insider accumulation against prior volatility around partnerships and earnings when assessing sustainability of any sharp upside move.

Key Terms

vested stock options, warrants, non-diluted, partially diluted, +3 more

7 terms

vested stock options financial

"as a result of his holdings of common shares, vested stock options and warrants"

Vested stock options are the portions of an employee’s stock option grant that they have earned the right to buy at a predetermined price after meeting time or performance conditions. For investors, vested options matter because they can convert into actual shares that dilute existing ownership or signal insiders’ confidence when exercised or sold, much like a voucher that becomes redeemable and can change how many tickets are in circulation.

warrants financial

"vested stock options and warrants. Subsequently, FUTR completed a $6.5 million"

Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.

non-diluted financial

"representing approximately 8.3 percent on a non-diluted basis and 10.5 percent"

Non-diluted describes a measure—such as earnings per share or share count—that is calculated using only the company’s current outstanding shares, not including potential extra shares from stock options, convertible securities, or warrants. It matters to investors because it shows ownership and profit per share as if no future claims will increase the number of shares; think of it as the size of each pizza slice today before any extra slices are added later.

partially diluted financial

"8.3 percent on a non-diluted basis and 10.5 percent on a partially diluted basis"

Partially diluted is a way of counting a company’s shares that includes some, but not all, potential extra shares that could exist if things like stock options, warrants or convertible bonds are turned into common stock. Investors use it to get a more realistic view of earnings per share, ownership stakes and valuation — like estimating how big each slice of a pie will be if some promised extra slices are later cut and given out.

National Instrument 62-104 regulatory

"being issued as required by National Instrument 62-104 - Take-Over Bids and Issuer Bids"

A Canadian securities regulation that sets the rules for how take-over bids (offers to buy control of a company) and issuer bids (companies buying back their own shares) must be conducted and disclosed to shareholders. It matters to investors because it forces clear timing, fair treatment and full information during takeover or buyback situations—like rules for a public auction that ensure everyone sees the same terms and has a fair chance to decide.

Take-Over Bids and Issuer Bids regulatory

"required by National Instrument 62-104 - Take-Over Bids and Issuer Bids and relates to FUTR"

A take-over bid is an offer by an outside party to buy a controlling number of a company’s shares from existing shareholders, like someone offering to buy the majority of homes on a street to control the neighborhood. An issuer bid is when the company itself offers to buy back its own shares from shareholders, similar to a homeowner purchasing back units in a condominium. Both actions can change who controls the business and alter share supply and price, so they directly affect investor value and future returns.

Early Warning Report regulatory

"copy of Mr. Paterson's Early Warning Report, required to be filed by him"

An early warning report is a regulatory filing that publicly discloses when an investor or insider has taken a large or potentially influential position in a company's shares or plans significant actions with those shares. It matters to investors because it flags possible shifts in control, takeover attempts, or concentrated influence—like a neighborhood notice that someone is buying several houses on the block—helping readers reassess risk, valuation, and trading strategy.

AI-generated analysis. Not financial advice.

Toronto, Ontario--(Newsfile Corp. - December 5, 2025) - Mr. G. Scott Paterson ("Mr. Paterson") today announced that he acquired 197,500 common shares of The FUTR Corporation (TSXV: FTRC) (OTCQB: FTRCF) (FSE: QA20) (WKN: A4165Y) (ISIN: CA3609521057) ("FUTR" or the "Company") at an average price of $0.30 per common share.

On September 12, 2025, Mr. Paterson disclosed that his beneficial ownership in FUTR exceeded ten percent as a result of his holdings of common shares, vested stock options and warrants. Subsequently, FUTR completed a $6.5 million financing at $0.30 per Unit, of which Mr. Paterson purchased 700,000 Units for $210,000. Consequently, as a result of dilution from the financing, Mr. Paterson's percentage ownership decreased to below ten percent.

In addition to the 700,000 units purchased in the $0.30 financing, Mr. Paterson has since acquired 1,162,500 common shares, paying between $0.25 to $0.36 for each common share. As a result, Mr. Paterson owns, directly or exercises control or direction over a total of 10,334,103 common shares of FUTR, representing approximately 8.3 percent on a non-diluted basis and 10.5 percent on a partially diluted basis, assuming the exercise of 228,768 vested stock options and 2,847,826 warrants into common shares.

Mr. Paterson acquired control and direction of these FUTR shares for investment purposes. Depending on market conditions and other factors, Mr. Paterson may from time to time acquire and or dispose of securities of FUTR or may continue to hold his current position.

This news release is being issued as required by National Instrument 62-104 - Take-Over Bids and Issuer Bids and relates to FUTR, whose head office is located at 66 Wellington Street West, Suite 4100, Toronto, Ontario, M5K 1B7, and to Mr. Paterson. A copy of Mr. Paterson's Early Warning Report, required to be filed by him in connection with his acquisition of control and direction over these shares of FUTR, will be available on SEDAR+ at www.sedarplus.ca.

For more information please contact Mr. Paterson at spaterson@patersonpartners.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277145

FAQ

What share purchases did G. Scott Paterson report for FUTR (FTRCF) on December 5, 2025?

He reported acquiring 197,500 common shares at an average of $0.30 and a total of 1,162,500 common shares at prices between $0.25–$0.36.

How many FUTR (FTRCF) shares does Mr. Paterson now own and what percent does that represent?

He owns or controls 10,334,103 shares, approximately 8.3% on a non-diluted basis and 10.5% on a partially diluted basis.

What was Mr. Paterson's involvement in FUTR's $6.5 million financing priced at $0.30 per unit?

He purchased 700,000 units in that financing for a total of $210,000.

Why did Mr. Paterson's non-diluted ownership fall below 10% after his earlier disclosure?

Dilution from FUTR's $6.5M financing lowered his percentage ownership below the previously disclosed 10% level.

Do Mr. Paterson's holdings include options and warrants for FUTR (FTRCF)?

Yes; the partial dilution calculation assumes 228,768 vested stock options and 2,847,826 warrants convertible into common shares.