Announcement • May 04
OverActive Media Corp., Annual General Meeting, Jun 24, 2026 OverActive Media Corp., Annual General Meeting, Jun 24, 2026. Announcement • May 02
OverActive Media Corp. announced that it has received CAD 1.95 million in funding OverActive Media Corp. announced that it has raised CAD 1.95 million in a round of funding on April 30, 2026. The company has issued secured debt financing in the transaction. The Canadian dollar portion of the Financing, totaling CAD 1,000,000, consists of two Notes: one issued to an entity controlled by Sheldon Pollack, Chairman of the Company's board of directors, and one issued to an entity controlled by Michael Kimel, a director of the Company (the "Canadian Lenders" and each a "Canadian Lender"). The Canadian Lenders loans are made in connection with a refinancing of the loans made by such Canadian Lenders in October of 2025. Each Canadian Lender will receive 2,500,000 Warrants. The Euro-denominated portion of the Financing, totaling CAD 950,000 (€600,000), consists of two Notes issued to Spanish based investors who are arm's length current shareholders of the Company (the "Spanish Lenders" and, together with the Canadian Lenders, the "Lenders"). A total of 4,797,000 Warrants will be issued to the Spanish Lenders. Subject to standard acceleration rights upon an event of default under the Note, each Note has a term of two years from the date of issuance and bears interest at a rate of 12% per annum, with all accrued interest payable in a single payment on the maturity date. The Company may, upon 10 days written notice, prepay the Notes in whole or in part at any time without premium or penalty. Reported Earnings • May 01
Full year 2025 earnings released: CA$0.09 loss per share (vs CA$0.005 loss in FY 2024) Full year 2025 results: CA$0.09 loss per share (further deteriorated from CA$0.005 loss in FY 2024). Revenue: CA$28.5m (up 5.4% from FY 2024). Net loss: CA$11.4m (loss widened CA$10.8m from FY 2024). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.