Intellabridge Provides Strategic Update and Transition to Spark Plug Partnership

Rhea-AI Summary

Intellabridge (CSE: KASH / OTC: KASHF) announced a strategic realignment on December 1, 2025, moving from a previously announced LOI toward a strategic partnership with Spark Plug Chargers. Management completed a six-month due diligence period and concluded a partnership better aligns with its focus on Intelligent Sustainable Infrastructure and the company's proprietary impact technologies. The partnership is intended to pair Spark Plug's hardware expertise with Intellabridge's software and "Impact-as-a-Service" loyalty layer to support EV infrastructure and smart city initiatives. No financial terms, equity transfers, or acquisition price were disclosed.

Positive

• Announced strategic partnership with Spark Plug on Dec 1, 2025
• Six-month due diligence completed informing the new strategy
• Partnership pairs Spark Plug hardware with Intellabridge software
• Shift targets Intelligent Sustainable Infrastructure aligned with SDGs

Negative

• No financial terms, valuation, or transaction consideration disclosed
• Previously announced LOI concluded; no acquisition will occur under this change
• No guidance or quantified financial impact provided for shareholders

News Market Reaction

+2.04%

1 alert

+2.04% News Effect

On the day this news was published, KASHF gained 2.04%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Due diligence period: 6 months

1 metrics

Due diligence period 6 months Market review and due diligence prior to partnership decision

Market Reality Check

Price: $0.0121 Vol: Volume 2,000 is far below...

low vol

$0.0121 Last Close

Volume Volume 2,000 is far below the 20-day average of 89,130, indicating limited trading interest pre-announcement. low

Technical Shares at 0.015 are trading below the 200-day MA of 0.04, well off the 52-week high of 0.1341.

Peers on Argus

Peer moves are mixed, with BIDCF up 10% while BPAIF is down 16.13% and others fl...

Peer moves are mixed, with BIDCF up 10% while BPAIF is down 16.13% and others flat. No consistent sector trend aligns with KASHF’s modest 2.74% gain.

Historical Context

2 past events · Latest: Dec 01 (Positive)

Pattern 2 events

Date	Event	Sentiment	Move	Catalyst
Dec 01	Strategic partnership	Positive	+2.0%	Shift from LOI acquisition to strategic Spark Plug partnership after review.
Oct 08	Acquisition LOI	Neutral	+0.0%	Non-binding LOI to acquire 70% of Spark Plug via share consideration.

Pattern Detected

Limited history shows positive or neutral price alignment with strategic partnership and acquisition-related announcements.

Recent Company History

Over recent months, Intellabridge centered news flow on its relationship with Spark Plug Chargers. On Oct 08, 2025, it announced a non-binding LOI to acquire 70% of Spark Plug via share consideration, which saw a flat price reaction. On Dec 01, 2025, the company shifted from an acquisition plan to a strategic partnership after a six-month review of EV infrastructure and smart city opportunities, with a modestly positive price reaction of 2.04%.

Market Pulse Summary

This announcement outlines Intellabridge’s decision to move from a potential acquisition of Spark Pl...

Analysis

This announcement outlines Intellabridge’s decision to move from a potential acquisition of Spark Plug to a strategic partnership after a six-month review of EV infrastructure and smart city opportunities. The focus shifts to combining Spark Plug’s hardware with Intellabridge’s impact-focused software and "Impact-as-a-Service" loyalty layer. Investors may watch for concrete partnership deployments, revenue-bearing contracts, and further updates on how this model advances the company’s Sustainable Development Goals and GreenTech positioning.

Key Terms

letter of intent, due diligence, electric vehicle, smart city, +1 more

5 terms

letter of intent financial

"concluding the previously announced Letter of Intent (LOI) in favor"

A letter of intent is a document that shows an agreement in principle between parties to work towards a future deal or transaction. It outlines their intentions and key terms, acting like a roadmap before a formal contract is signed. For investors, it signals serious interest and helps clarify expectations early in the process.

due diligence financial

"follows a comprehensive market review and due diligence process conducted"

Due diligence is the careful investigation and analysis someone conducts before making a decision, such as investing money or entering into an agreement. It’s like researching thoroughly before buying a used car to ensure it’s in good condition; this helps prevent surprises and makes informed choices. For investors, due diligence reduces risk by verifying details and understanding what they’re getting into.

electric vehicle technical

"landscape of electric vehicle (EV) infrastructure and smart city development"

An electric vehicle (EV) is a car, truck, or other road vehicle powered primarily by rechargeable batteries and electric motors instead of a conventional gasoline or diesel engine. For investors, EVs signal shifts in demand, supply chains, and regulation—think of them as the smartphone moment for transportation: companies that master battery tech, charging networks, and cost control can gain market share, while those slow to adapt may face shrinking sales and margins.

smart city technical

"EV) infrastructure and smart city development.Insights gained during this"

A smart city uses sensors, data, and connected technology to run services—like traffic lights, public transit, utilities and emergency response—more efficiently and responsively, similar to how a smartphone automates tasks for a user. For investors, smart-city projects can create new revenue streams, long-term service contracts and cost savings for municipalities, but also bring large upfront costs, technology and privacy risks that can affect returns.

sustainable development goals regulatory

"alignment with the Company's core Sustainable Development Goals (SDGs)-lies"

A set of widely recognized, interlinked goals aimed at improving health, education, equality, economic opportunity and environmental protection around the world. Investors use these goals like a common roadmap or checklist to judge whether a company’s products, operations and long‑term plans reduce risks and capture new markets; alignment with the goals can signal resilience, regulatory readiness and access to customers and capital.

AI-generated analysis. Not financial advice.

Vancouver, British Columbia--(Newsfile Corp. - December 1, 2025) - Intellabridge Technology Corporation (CSE: KASH) (OTC Pink: KASHF) (the "Company"), an impact-driven technology company, today announced a strategic realignment of its growth initiatives within the GreenTech sector.

As part of this refined strategy, the Company and Spark Plug Chargers Inc. ("Spark Plug") have mutually agreed to pursue a strategic partnership, concluding the previously announced Letter of Intent (LOI) in favor of this new collaborative alliance. This transition allows both parties to pursue independent growth paths while maintaining a synergistic relationship focused on future collaboration.

This decision follows a comprehensive market review and due diligence process conducted over the past six months. Management views this period as a vital investment in strategic research, which provided the Company with deep visibility into the evolving landscape of electric vehicle (EV) infrastructure and smart city development.

Insights gained during this process revealed that the most significant value creation-and the strongest alignment with the Company's core Sustainable Development Goals (SDGs)-lies in the convergence of Intelligent Sustainable Infrastructure and the Company's proprietary impact technologies. Consequently, the Company has determined that a partnership model, rather than a direct acquisition, offers the optimal framework to leverage Spark Plug's hardware expertise alongside Intellabridge's software and impact capabilities.

Management Commentary "We appreciate the cooperation and transparency of the Spark Plug team throughout this process," said John Eagleton, CEO of Intellabridge. "The due diligence phase was time well spent, as it allowed us to rigorously test our assumptions and identify our core competitive advantages. We believe that transitioning to a partnership model will allow us to unlock greater synergies than a traditional acquisition. We look forward to exploring ways to deploy our 'Impact-as-a-Service' loyalty layer across the broader infrastructure ecosystem, driving value for our shareholders and measurable impact for the planet."

About Intellabridge Technology Corporation

Intellabridge Technology Corporation is an impact-driven technology company that builds impact solutions to advance global Sustainable Development Goals (SDGs). The Company focuses specifically on the CleanTech, GreenTech, and intelligent infrastructure sectors. Intellabridge develops proprietary technology solutions designed to create measurable societal impact and sustainable business growth.

For more information on Intellabridge, visit www.intellabridge.com.

ON BEHALF OF THE BOARD of DIRECTORS

INTELLABRIDGE TECHNOLOGY CORPORATION

"John Eagleton"
John Eagleton, CEO

To contact Intellabridge:
Website: intellabridge.com
Phone: +1-303-800-5333
Email: maria@intellabridge.com

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively "forward-looking statements"). The use of any of the words "will", "plan", "on track", "possible", "anticipated" and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276542

FAQ

What did Intellabridge (KASHF) announce on December 1, 2025?

Intellabridge announced a transition from a prior LOI to a strategic partnership with Spark Plug Chargers, following a six-month due diligence period.

How does the Intellabridge and Spark Plug partnership affect KASHF shareholders?

The company says the partnership will combine Spark Plug hardware with Intellabridge software to pursue EV infrastructure opportunities, but no financial terms or shareholder guidance were provided.

Did Intellabridge acquire Spark Plug as part of the December 1, 2025 announcement?

No; the LOI was concluded in favor of a partnership model rather than a direct acquisition.

What timeframe informed Intellabridge's decision to pursue a partnership with Spark Plug?

Management completed a comprehensive market review and six months of due diligence before deciding to pursue a partnership.

What strategic areas will Intellabridge focus on with the Spark Plug partnership?

The company will focus on Intelligent Sustainable Infrastructure, EV infrastructure, smart city development, and deploying its "Impact-as-a-Service" loyalty layer.