Smartwell’s Qualifying Transaction with Inceptus Secures Conditional TSXV Approval

Smartwell Technology Inc.   is pleased to announce that its Qualifying Transaction (QT) with Inceptus Capital Ltd. (“Inceptus”) has received conditional approval from the TSX Venture Exchange (the “TSXV”). This milestone marks a critical stepforward in the transaction, bringing Smartwell closer to completing its strategic objectives and unlocking new growth opportunities.

The conditional approval, as defined under TSXV policies, confirms that the exchange has reviewed the proposed QT and found it to be consistent with regulatory requirements, subject tothe fulfillment of customary closing conditions. These conditions include the filing of final documentation with the TSXV, as well as any other standard requirements outlined in the exchange’s conditional approval letter. Smartwell and Inceptus are actively working to satisfy all remaining conditions in a timely manner, with the goal of completing the transaction as soon as practicable.

The QT with Inceptus represents a strategic alignment designed to enhance Smartwell’s market position and expand its capabilities. The transaction involves a definitive agreement underwhich Inceptus will acquire all shares and warrants of Smartwell, with consideration to be paid through the issuance of Inceptus shares to Smartwell shareholders, alongside concurrent financing activities aimed at generating substantial capital. This combination is expected to strengthen Smartwell’s financial flexibility, broaden its investor base, and accelerate the development and commercialization of its innovative solutions.

Smartwell Technology Inc. 欣然宣布，其与 Inceptus Capital Ltd.（简称 “Inceptus”）开展的合格交易（QT）已获得多伦多证券交易所创业板（TSXV）的有条件批准。该里程碑是本次交易进程中的关键一步，助力 Smartwell 加速达成战略目标，挖掘全新增长机遇。

依据多伦多创业板规则，本次有条件批准表明交易所已审核本次拟议合格交易，认定其符合监管规范，但交易仍需完成常规交割先决条件方可落地。相关条件包括向多伦多创业板提交全套最终文件，以及批复函中列明的其他标准化要求。Smartwell 与 Inceptus 正积极推进各项剩余条件的落实工作，力争尽早完成本次交易。

本次与 Inceptus 的合格交易属于战略合作整合，旨在提升 Smartwell 行业地位、扩充综合业务实力。双方已签署正式协议，约定由 Inceptus 收购 Smartwell 全部股份及认股权证；交易对价以向 Smartwell 现有股东配发 Inceptus 股份的方式支付，同时配套同步融资以募集大额运营资金。本次合并预计将优化 Smartwell 资金弹性、拓宽投资者圈层，并加速公司创新技术方案的研发与商业化落地。