eXeBlock Stock Price, News & Analysis

EXEBLOCK TECHNOLOGY CORP (EXXBF) is associated with eXeBlock Technology Corporation, a technology company whose shares are listed on the Canadian Securities Exchange under the symbol "XBLK.X." According to public disclosures, eXeBlock is a technology company exploring new technology initiatives and has stated that it has no current business operations. The EXXBF symbol reflects trading in the United States over-the-counter market, while the primary listing referenced in recent disclosures is on the Canadian Securities Exchange.

In a detailed announcement, eXeBlock Technology Corporation described a proposed share acquisition transaction involving Aitenders, a private company based in France. The transaction is structured as a reverse takeover of eXeBlock by the shareholders of Aitenders and is anticipated to constitute a "Fundamental Change" under Policy 8 of the Canadian Securities Exchange. The completion of this transaction is subject to a range of conditions, including regulatory and shareholder approvals, financial statement requirements, a share consolidation, a name change, and a concurrent financing.

About eXeBlock Technology Corporation

eXeBlock Technology Corporation is described as a technology company exploring new technology initiatives. The company has disclosed that it has no current business operations. Its common shares are listed on the Canadian Securities Exchange under the symbol "XBLK.X." Trading in eXeBlock shares has been halted in connection with the announcement of the proposed transaction with Aitenders, and the resumption of trading is subject to the policies and determinations of the Canadian Securities Exchange.

Proposed Fundamental Change and Reverse Takeover

Under a share exchange agreement dated December 22, 2025, eXeBlock Technology Corporation proposes to acquire all of the issued and outstanding equity shares of Aitenders. In exchange, eXeBlock is expected to issue common shares on a post-consolidation basis to the Aitenders shareholders. The transaction is expected to result in a reverse takeover of eXeBlock by the Aitenders shareholders, meaning that the shareholders of Aitenders would become the controlling shareholders of the resulting issuer upon completion.

The announcement explains that the transaction is anticipated to qualify as a "Fundamental Change" under Canadian Securities Exchange Policy 8, which governs significant changes of business and reverse takeovers. The completion of the transaction is subject to conditions such as the delivery of compliant financial statements, the absence of material adverse changes in either party, the receipt of all necessary consents and approvals, implementation of a share consolidation and name change, and completion of a concurrent financing.

Share Consolidation and Anticipated Name Change

Prior to closing of the proposed transaction, eXeBlock plans to consolidate its outstanding common shares on the basis of approximately one post-consolidation share for each 12.589 pre-consolidation shares. Following this consolidation, eXeBlock expects to have a reduced number of common shares issued and outstanding on a non-diluted basis.

It is further anticipated that, following completion of the transaction, the resulting issuer will continue the business of Aitenders and will be renamed "Aitenders Technologies Inc." or another name determined by Aitenders. The parties expect that the Canadian Securities Exchange will assign a new trading symbol for the resulting issuer after the transaction has been completed and all required conditions have been satisfied.

Concurrent Financing and Use of Proceeds

In connection with the proposed transaction, eXeBlock plans to conduct a non-brokered private placement of subscription receipts. Each subscription receipt is expected to convert into one post-consolidation common share of the resulting issuer upon satisfaction of specified escrow release conditions, including completion of the transaction. The gross proceeds from this financing are intended to fund transaction and financing expenses, the expansion of Aitenders’ sales, marketing, and product development teams, and the working capital needs of the resulting issuer.

Numus Capital Corp. is expected to receive a corporate finance fee in connection with the transaction, to be settled by the issuance of common shares of the resulting issuer at the same price as the subscription receipts. Certain shares to be issued under the transaction and financing may be subject to resale restrictions or escrow requirements under Canadian Securities Exchange policies.

About Aitenders

Aitenders is described as a private company existing under the laws of France. It is engaged in the development and sale of an end-to-end AI-powered platform for tender response and contract management. Aitenders has reported achieving annual recurring revenue and serving enterprise customers, including large construction companies in Europe and North America.

The Aitenders platform is characterized as a human-centric digital co-pilot that centralizes document analysis, proposal writing, and project execution into a single system. According to the description, the platform automatically reads, classifies, and interprets complex tender documents, generates deliverables, supports regulatory and contractual compliance, and tracks commitments throughout project delivery. The company indicates that it serves public authorities, general contractors, and project-based organizations, with the goal of reducing manual workload and minimizing risk across the project lifecycle, from bid preparation through contract execution.

Trading Status and Regulatory Context

The announcement concerning the proposed transaction notes that trading in eXeBlock shares on the Canadian Securities Exchange has been halted as a result of the news and will not resume until the exchange determines that trading may recommence, which may not occur until completion of the transaction. The news release also includes standard statements regarding forward-looking information and the risks and uncertainties associated with assumptions about market conditions, economic factors, management capabilities, and equity markets.

Another public disclosure describes an early warning report filed by an investor who acquired additional common shares and common share purchase warrants of eXeBlock Technology Corporation in a private placement. This disclosure explains that the securities were acquired for investment purposes and that the investor may adjust their holdings depending on future market conditions and other relevant factors.

Position of EXEBLOCK TECHNOLOGY CORP (EXXBF) for Investors

For investors researching EXEBLOCK TECHNOLOGY CORP under the EXXBF symbol, the available information highlights that eXeBlock Technology Corporation is a technology company exploring new technology initiatives and has disclosed that it has no current business operations. The company has announced a proposed reverse takeover transaction with Aitenders, subject to numerous conditions and regulatory approvals. The outcome of this transaction, including the anticipated name change and new trading symbol on the Canadian Securities Exchange, may affect how the business is described and traded in the future.