Miivo Announces Clarification of Proactive Agreement

Rhea-AI Summary

Miivo AI (OTCQB: MIVOF) clarified details of its services agreement with Proactive Group Holdings regarding investor outreach. The company confirmed that Proactive’s production and distribution of editorial content and management video interviews qualify as Investor Relations Activities under TSXV Policy 3.4. The amended agreement runs for 12 months starting March 23, 2026, with Miivo paying Proactive C$26,000 per year in cash, in equal quarterly instalments of C$6,500. No stock options or other securities will be issued as compensation. Miivo will retain full control and prior approval over all materials Proactive prepares, and, to the company’s knowledge, Proactive and its principals hold no direct or indirect interest in Miivo’s securities, with both parties dealing at arm’s length.

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Vancouver, British Columbia--(Newsfile Corp. - July 21, 2026) - Miivo AI Inc. (TSXV: MIVO) (OTCQB: MIVOF) (FSE: L7S0) ("Miivo" or the "Company") is issuing this news release to clarify certain disclosure contained in its prior news release dated March 23, 2026 regarding its services agreement with Proactive Group Holdings ("Proactive").

The Company confirms that the services to be provided by Proactive, including the production and dissemination of editorial content and management video interviews to an investor audience through Proactive's financial media platform and distribution network, constitute "Investor Relations Activities" within the meaning of TSX Venture Exchange ("TSXV") Policy 3.4 - Investor Relations, Promotional and Market-Making Activities ("Policy 3.4").

Under the terms of the agreement, as amended, Proactive will provide investor relations services for a twelve (12) month term which commenced on March 23, 2026. The Company will pay Proactive a total fee of $26,000 (CAD) per annum for the initial term, payable in equal quarterly instalments of $6,500 per quarter, representing a fee-for-service arrangement that is commensurate with the services to be provided over the term of the agreement. All compensation is payable in cash and no stock options or other securities are issuable to Proactive as compensation.

The Company will maintain full control, direction, and prior approval over all content and materials prepared and disseminated by Proactive in connection with the engagement, in compliance with Policy 3.4.

To the knowledge of the Company, Proactive and its principals do not have any direct or indirect interest in the securities of the Company. Proactive and the Company are arm's length parties.

About Miivo AI Inc.

Miivo AI Inc. (TSXV: MIVO) (OTCQB: MIVOF) (FSE: L7S0) is transforming how small-and-medium sized enterprises (SMEs) access financial intelligence by leveraging artificial intelligence to deliver enterprise-grade business insights at SME scale. The Company's AI CFO platform empowers small and medium-sized businesses to optimize operations, improve financial performance, and accelerate growth through data-driven decision-making. Guided by a leadership team with extensive experience in technology and AI, Miivo is positioned at the forefront of the rapidly expanding AI SaaS market for SME solutions.

On Behalf of the Board of Directors
Alexander Damouni, Chief Executive Officer

For further information, please contact:

Tel: +1 (604) 377-0403
Email: info@miivoholdings.com
Website: www.miivo.ai

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/305872

FAQ

What agreement did Miivo AI (OTCQB: MIVOF) clarify with Proactive Group on July 21, 2026?

Miivo AI clarified its services agreement with Proactive Group for investor relations activities. According to Miivo, Proactive will create and distribute editorial content and management video interviews to investors via its financial media platform under TSXV Policy 3.4 guidelines.

How much will Miivo AI pay Proactive Group under the investor relations agreement for MIVOF?

Miivo AI will pay Proactive Group C$26,000 per year in cash for investor relations services. According to Miivo, this fee is paid in equal quarterly instalments of C$6,500 as a fee-for-service arrangement over the 12-month term.

What is the term and start date of Miivo AI’s investor relations agreement with Proactive Group?

The investor relations agreement between Miivo AI and Proactive runs for 12 months starting March 23, 2026. According to Miivo, this initial term began on that date and covers Proactive’s investor-focused media and interview services.

Will Proactive Group receive Miivo AI (MIVOF) stock or options as part of this agreement?

Proactive Group will not receive stock, options, or other securities from Miivo AI as compensation. According to Miivo, all compensation under the agreement is payable in cash only, with no equity-based incentives granted to Proactive.

Does Proactive Group hold any ownership interest in Miivo AI (MIVOF) shares?

To Miivo AI’s knowledge, Proactive Group and its principals do not hold any direct or indirect interest in Miivo securities. According to Miivo, the two parties are dealing at arm’s length under the investor relations services agreement.

Who controls the content produced by Proactive for Miivo AI’s investor relations activities?

Miivo AI retains full control and prior approval over all content Proactive prepares and distributes. According to Miivo, this oversight covers all investor relations materials to ensure compliance with TSXV Policy 3.4 and the company’s standards.