Mark Waldron Files Early Warning Report In Respect of Common Shares of Vibe Growth Corporation

Rhea-AI Summary

Mark Waldron, a director of Vibe Growth Corporation (VIBEF), has filed an Early Warning Report announcing his intention to sell 250,000 common shares through the Canadian Securities Exchange. Prior to the planned disposition, Waldron controls 1,959,045 shares representing 18.14% of outstanding shares. After the sale, his ownership will decrease to 1,709,045 shares, representing 15.83% of outstanding shares.

The director cited the need to reduce shareholdings and utilize proceeds for other purposes as reasons for the sale. Waldron maintains the right to acquire or dispose of additional shares in the future through open market or private transactions.

Positive

• None.

Negative

• Director Mark Waldron reducing ownership stake from 18.14% to 15.83%
• Insider selling of 250,000 shares could signal reduced confidence

News Market Reaction

-45.52%

1 alert

-45.52% News Effect

On the day this news was published, VIBEF declined 45.52%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Sacramento, California--(Newsfile Corp. - July 2, 2025) - Mark Waldron ("Waldron"), a director of Vibe Growth Corporation ("Vibe" or the Issuer") today filed an Early Warning Report ("EWR") on Form 62-103F1 pursuant to National Instrument 62-103 (Early Warning System and Related take-Over Bid and Insider Reporting Issues) reporting the intent to dispose of 250,000 common shares ("Shares") in the capital of Vibe through the facilities of the Canadian Securities Exchange.

Before the contemplated disposition, Waldron exercises control or direction over 1,959,045 Shares of the Issuer, representing approximately 18.14% of the issued and outstanding Shares. Upon completion of the proposed disposition, Waldron will exercise control or direction over 1,709,045 Shares of the Issuer, representing approximately 15.83% of the outstanding undiluted Shares.

Waldron is selling the Shares to reduce his shareholdings in the Company and to obtain the proceeds of sales to be used for other purposes. Waldron reserves the right to acquire further Shares, or dispose of some or all of the Shares, in the future, in each case either through the open market or through private transactions, depending on market conditions and other relevant factors.

For further information regarding the Transaction, please see the EWR. A copy of the EWR is available on SEDAR+.

Neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Authority accepts responsibility for the adequacy or the accuracy of this release.

Mark Waldron

c/o Vibe Growth Corporation
ir@vibebycalifornia.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/257583

FAQ

What percentage of Vibe Growth Corporation (VIBEF) shares does Mark Waldron currently own?

Mark Waldron currently controls 1,959,045 shares, representing 18.14% of Vibe Growth Corporation's outstanding shares.

How many shares of VIBEF is Mark Waldron planning to sell?

Mark Waldron plans to sell 250,000 common shares through the Canadian Securities Exchange.

What will be Mark Waldron's ownership percentage in VIBEF after the planned sale?

After the planned sale, Waldron will control 1,709,045 shares, representing approximately 15.83% of outstanding shares.

Why is Mark Waldron selling his VIBEF shares?

Waldron stated he is selling the shares to reduce his shareholdings in the company and to obtain proceeds for other purposes.

Can Mark Waldron buy or sell more VIBEF shares in the future?

Yes, Waldron reserves the right to acquire additional shares or dispose of some or all shares in the future through open market or private transactions.