Ionik Announces Sale of SCS Subsidiary
Ionik (OTCQB: INIKF) announced completion of the sale of substantially all assets of its wholly owned subsidiary Schiefer Media, Inc. (SCS) to PUSH Media USA Inc. on October 31, 2025. The Purchaser acquired client contracts, intellectual property, and goodwill under an Asset Purchase Agreement.
The purchase price was US$1.2 million, with net proceeds of US$0.75 million payable in cash on closing after customary working capital adjustments. Ionik said proceeds will be reinvested to strengthen its balance sheet and support growth across its Media Activation and Marketing Optimization platforms as it focuses on first‑party data, omnichannel solutions, and AI automation.
Ionik (OTCQB: INIKF) ha annunciato il completamento della vendita di praticamente tutte le attività della sua controllata interamente di proprietà Schiefer Media, Inc. (SCS) a PUSH Media USA Inc. in data 31 ottobre 2025. L'acquirente ha acquisito contratti con i clienti, proprietà intellettuale e avviamento ai sensi di un Asset Purchase Agreement.
Il prezzo di acquisto è stato di US$1,2 milioni, con proventi netti di US$0,75 milioni pagabili in contanti al closing dopo le normali regolazioni di capitale circolante. Ionik ha detto che i proventi verranno reinvestiti per rafforzare il bilancio e supportare la crescita delle sue piattaforme Media Activation e Marketing Optimization mentre si concentra su dati di prima parte, soluzioni omnicanale e automazione AI.
Ionik (OTCQB: INIKF) anunció la finalización de la venta de prácticamente la totalidad de los activos de su filial de propiedad absoluta Schiefer Media, Inc. (SCS) a PUSH Media USA Inc. el 31 de octubre de 2025. El Comprador adquirió contratos de clientes, propiedad intelectual y goodwill bajo un acuerdo de compra de activos.
El precio de compra fue de US$1,2 millones, con ingresos netos de US$0,75 millones pagaderos en efectivo al cierre tras los ajustes habituales de capital de trabajo. Ionik declaró que los ingresos se reinvertirán para fortalecer su balance y apoyar el crecimiento en sus plataformas de Activación de Medios y Optimización de Marketing, mientras se centra en datos de primera parte, soluciones omnicanales y automatización IA.
Ionik (OTCQB: INIKF)는 자회사 Schiefer Media, Inc. (SCS)의 거의 모든 자산을 소유하고 있는 매출 완료를 PUSH Media USA Inc.에 발표했습니다. 이는 2025년 10월 31일에 이루어졌습니다. 매수자는 자산매매계약에 따라 고객계약, 지적재산권 및 영업권을 인수했습니다.
매매대금은 미화 120만 달러였으며, 순수익은 미화 75만 달러로 마감 시점에 통상적인 운전자본 조정 후 현금으로 지급되었습니다. Ionik는 수익금이 대차대조표를 강화하고 미디어 활성화 및 마케팅 최적화 플랫폼의 성장을 지원하기 위해 재투자될 것이며, 이는 1차 파티 데이터, 옴니채널 솔루션, AI 자동화에 집중한다라고 밝혔습니다.
Ionik (OTCQB: INIKF) a annoncé l'achèvement de la vente d'une partie substantielle de tous les actifs de sa filiale entièrement détenue Schiefer Media, Inc. (SCS) à PUSH Media USA Inc. le 31 octobre 2025. L'acheteur a acquis des contrats clients, la propriété intellectuelle et le goodwill en vertu d'un Asset Purchase Agreement.
Le prix d'achat était de US$1,2 million, avec un produit net de US$0,75 million payable en espèces à la clôture après les ajustements habituels du fonds de roulement. Ionik a déclaré que les produits seraient réinvestis pour renforcer son bilan et soutenir la croissance de ses plateformes Media Activation et Marketing Optimization alors qu'il se concentre sur les données de première partie, les solutions omnicanal et l'automatisation IA.
Ionik (OTCQB: INIKF) kündigte an, den Verkauf nahezu aller Vermögenswerte seiner hundertprozentigen Tochtergesellschaft Schiefer Media, Inc. (SCS) an PUSH Media USA Inc. am 31. Oktober 2025 abgeschlossen zu haben. Der Käufer erwarb Kundenverträge, geistiges Eigentum und Goodwill gemäß einem Asset Purchase Agreement.
Der Kaufpreis betrug US$1,2 Millionen, mit Nettoumsätzen von US$0,75 Millionen, die bei Abschluss nach üblichen Working-Capital-Anpassungen in bar gezahlt wurden. Ionik teilte mit, dass die Erlöse reinvestiert werden, um die Bilanz zu stärken und das Wachstum seiner Plattformen Media Activation und Marketing Optimization zu unterstützen, während es sich auf First-Party-Daten, Omnichannel-Lösungen und KI-Automatisierung konzentriert.
Ionik (OTCQB: INIKF) أعلن عن إتمام بيع جميع أصول فرعه المملوك بالكامل Schiefer Media, Inc. (SCS) إلى PUSH Media USA Inc. في 31 أكتوبر 2025. اشترى المشتري عقود العملاء، الملكية الفكرية، وحسن النية بموجب اتفاق شراء أصول.
كان سعر الشراء 1.2 مليون دولار أمريكي، مع عائدات صافية قدرها 0.75 مليون دولار قابلة للدفع نقداً عند الإغلاق بعد التعديلات المعتادة لرأس المال العامل. قالت Ionik إن العوائد ستُعاد استثمارها لتعزيز ميزانيتها ودعم النمو عبر منصتي Media Activation وMarketing Optimization بينما تركز على بيانات الطرف الأول، والحلول متعددة القنوات، وأتمتة الذكاء الاصطناعي.
- Purchase price of US$1.2 million for SCS assets
- Net cash proceeds of US$0.75 million on closing
- Sale transfers client contracts and IP to the purchaser
- Proceeds earmarked to strengthen balance sheet and fund growth
- Divestiture reduces Ionik's media services footprint via SCS sale
Toronto, Ontario--(Newsfile Corp. - October 31, 2025) - Ionik Corporation (TSXV: INIK) (OTCQB: INIKF) ("Ionik" or the "Company") today announced that it has completed the sale of substantially all of the assets of its wholly owned subsidiary Schiefer Media, Inc. ("SCS"), which operated under the brand name SCS, to PUSH Media USA Inc. (the "Purchaser"), pursuant to an Asset Purchase Agreement entered into on October 31, 2025 (the "Transaction").
The sale of SCS reflects Ionik's continued evolution as a unified, data-driven marketing technology company. By streamlining its operations around its core Media Activation and Marketing Optimization platforms, Ionik is sharpening its focus on leveraging first-party data, omnichannel solutions, and AI-driven automation to deliver greater efficiency, performance, and value for customers.
"The sale of SCS represents another important step in executing our strategy to simplify and strengthen our business around scalable, technology-enabled performance marketing operations," said Ted Hastings, Chief Executive Officer of Ionik. "We're proud of what the SCS team has accomplished and are confident that the business will continue to thrive under its new ownership."
Transaction Overview
Under the terms of the Transaction, the Purchaser has acquired substantially all of the assets of SCS, including client contracts, intellectual property, and goodwill, and has assumed certain related liabilities. The purchase price was US
About Ionik
Ionik, a Tier 1 Issuer on the TSX Venture Exchange, with shares also trading on the OTCQB Venture Market, is a technology-driven marketing and advertising solutions company that helps brands, advertisers, and publishers connect with their audiences through data-driven insights and advanced automation. By leveraging its extensive suite of integrated marketing technology, creative expertise, and proprietary first-party data, Ionik optimizes the entire customer acquisition and retention journey.
Ionik's platform unites Media Activation and Marketing Optimization through its AI-Powered Data Engine to create a seamless advertising ecosystem, helping businesses efficiently source, retain, and monetize their customers
Additional information about the Company is available at www.sedarplus.ca.
Ionik Corporation
Sean Peasgood
Investor Relations
(647) 777-7564
Sean@SophicCapital.com
Jeff Collins
CFO/COO
(416) 583-5918
invest@ionikgroup.com
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 or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Information
Certain information in this news release constitutes forward-looking statements and forward-looking information under applicable Canadian securities legislation (collectively, "forward-looking information"). Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions. Forward-looking information includes, but is not limited to, statements with respect to the business, financials and operations of the Company, statements with respect to operational and financial growth strategy and anticipated success in customer adoption of the Company's products and services. Statements containing forward-looking information are not historical facts but instead represent management's expectations, estimates and projections regarding future events. Forward-looking information is necessarily based on a number of opinions, assumptions and estimates that, while considered reasonable by the Company as of the date of this news release, are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements and future events to be materially different from those expressed or implied by such forward-looking information, including but not limited to assumptions relating to continued customer support for the Company's products and services, competition, the ability of the Company to innovate and advance its product and service offerings, general market conditions, exchange rate, global financial conditions, the ability of the Company to meet its liabilities as they become due, the ability of the Company to integrate and successfully capitalize on acquisitions, and the factors described in greater detail in the public documents of the Company available at www.sedarplus.ca. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. Investors are cautioned that undue reliance should not be placed on any such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
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