(via TheNewswire)
VANCOUVER 鈥 TheNewswire - April 30, 2025 鈥 Fintechwerx International Software Services Inc. (CSE: WERX) (鈥FintechWerx鈥 or the "Company") announces the repricing of an aggregate of 1,422,100 common share purchase warrants (鈥Repriced Warrants鈥) to a revised exercise price of $0.34 per Repriced Warrant, effective on May 1, 2025 (the 鈥Warrant Repricing鈥). Under the policies of the Canadian Securities Exchange (the 鈥CSE鈥), the Warrant Repricing is subject to the unanimous consent of the registered holders of the outstanding Repriced Warrants. Following the Company鈥檚 10:1 share consolidation effective August 15, 2024 (the 鈥Consolidation鈥), of the 1,422,100 Repriced Warrants: (i) 1,234,850 had an original exercise price of $1.00 ($0.10 pre-Consolidation) and an expiry date of April 26, 2028; and 187,250 had an original exercise price of $1.20 ($0.20 pre-Consolidation) and an expiry date of June 22, 2028.
About FintechWerx
FintechWerx is an e-commerce technology company. The Company provides onboarding, payments, identity verification and data services to independent sales organizations, small and medium sized businesses. Additional information is available at www.sedarplus.ca or on the Company鈥檚 website at www.FintechWerx.com.
For more information, please contact:
Francisco Carasquero
FintechWerx International Software Solutions Inc.
Phone: 778-652-3669
Email: [email protected]
Website: www.FintechWerx.com
Twitter: www.twittter.com/fintechwerx
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release include, but are not limited to, statements regarding the Company鈥檚 objectives, business strategies, and future plans, including completion of the Warrant Repricing and compliance with securities laws. These forward-looking statements are based on management鈥檚 current expectations and assumptions, which are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Risks include, but are not limited to, changes in market conditions, regulatory risks, the inability to achieve regulatory compliance or approvals, reliance on key personnel and the risk factors set forth in the Company鈥檚 filings on SEDAR+. Forward-looking statements are made as of the date of this release, and FintechWerx disclaims any obligation to update or revise them to reflect new events or circumstances, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.
The Canadian Securities Exchange nor the Canadian Investment Regulatory Organization has neither approved or disapproved of the contents of this press release.
听Copyright (c) 2025 TheNewswire - All rights reserved.