Duyuru • Jul 15
Predictiv AI Inc., Annual General Meeting, Sep 10, 2025 Predictiv AI Inc., Annual General Meeting, Sep 10, 2025. Location: ontario, toronto Canada Duyuru • Feb 14
Shift Technologies Canada Inc. & HouseStack Holdings Inc. cancelled the acquisition of Predictiv AI Inc. (TSXV:PAI.H) in a reverse merger transaction. Shift Technologies Canada Inc. & HouseStack Holdings Inc. entered into a letter of intent to acquire Predictiv AI Inc. (TSXV:PAI.H) for CAD 6.5 million in a reverse merger transaction on August 2, 2024. Predictiv AI intends for the Proposed Transaction to constitute a Reverse-Takeover Transaction pursuant to the policies of the TSX Venture Exchange (the "TXSV"). The trading in the common shares of Predictiv AI (“PAI Shares") will remain halted pursuant to the policies of the TSXV. It is anticipated that trading will remain halted until the completion of the Proposed Transaction. Both private companies which are each 83% owned by Suman Pushparajah. Predictiv AI will acquire all issued and outstanding shares in the capital of both Shift and HouseStack (the “Target Shares”) in exchange for 70% of Predictiv AI’s total and outstanding common shares immediately prior to the closing of the Proposed Transaction. Based on the number of PAI Shares currently issued and outstanding of 128,500,616, it is expected that the holders of Target Shares will be issued approximately 300,000,000 PAI Shares (on a pre-Consolidation basis). Both private companies which are each 83% owned by Suman Pushparajah. In addition to the issuance of PAI Shares, on closing of the Proposed Transaction, Pushparajah will receive (i) a cash payment of CAD 250,000, and (ii) a promissory note issued by the Resulting Issuer with a principal amount of CAD 250,000, accruing interest at an annual rate of 6%. Pushparajah shall have the option to convert the principal amount of the Note into PAI Shares at the issue price of the PAI Shares under the equity financing (the “Financing”) completed concurrent with completion of the Proposed Transaction; or receive cash repayment under the Note once the Resulting Issuer achieves positive cash flow for at least two consecutive financial years. As per the LOI, a condition of closing the Proposed Transaction, Predictiv AI will complete the Financing in an amount that is sufficient to meet the initial listing requirements of the TSXV, at a price to be determined in the context of the market. Immediately prior to the closing of the Proposed Transaction, and subject to Predictiv AI shareholder approval and TSXV approval, it is anticipated that Predictiv AI will undertake a share consolidation on the basis of one (1) post-consolidation common share for up to 6 preconsolidation common shares.
Closing of the Proposed Transaction will be subject to a number of conditions precedent including, without limitation: (a) receipt of all required regulatory, corporate and third-party approvals, including TSXV approval, and compliance with all applicable regulatory requirements and conditions necessary to complete the Proposed Transaction; (b) completion of satisfactory results from due diligence investigations for each of the parties; (c) completion of the Financing; and (d) other mutual conditions precedent customary for a transaction such as the Proposed Transaction.
As of October 2, 2024, Predictiv AI announces additional details of its proposed financing of up to CAD 1.5 million. Immediately prior to the closing of the RTO, and subject to Predictiv AI shareholder and TSX Venture Exchange approval, the Company will undertake a share consolidation on the basis of one (1) post-consolidation common share for five and half (5.5) pre-consolidation common shares. The financing is expected to be completed via a non-brokered private placement financing. The proceeds from the RTO Financing will be used to fund the following: (i) CAD 0.25 million cash component payable to the vendors to complete the acquisition of Shift and HouseStack; (ii) final phase of development of the HouseStack real estate intelligence platform and the CloudREP AI-powered conversational voice agent; (iii) commercial launch, sales and marketing of Shift Technologies AI-driven fleet management platform; and (iv) for working capital and general corporate purposes.
Shift Technologies Canada Inc. & HouseStack Holdings Inc. cancelled the acquisition of Predictiv AI Inc. (TSXV:PAI.H) in a reverse merger transaction on February 13, 2025. Trading in the common shares of the Company has been halted since the initial announcement of the RTO in August 2024. The Company will apply to the NEX board of the TSXV to recommence trading of the Company's common shares. Duyuru • Aug 09
Shift Technologies Canada Inc. & HouseStack Holdings Inc. entered into a letter of intent to acquire Predictiv AI Inc. (TSXV:PAI.H) for CAD 6.5 million in a reverse merger transaction. Shift Technologies Canada Inc. & HouseStack Holdings Inc. entered into a letter of intent to acquire Predictiv AI Inc. (TSXV:PAI.H) for CAD 6.5 million in a reverse merger transaction on August 2, 2024. Predictiv AI intends for the Proposed Transaction to constitute a Reverse-Takeover Transaction pursuant to the policies of the TSX Venture Exchange (the "TXSV"). The trading in the common shares of Predictiv AI (“PAI Shares") will remain halted pursuant to the policies of the TSXV. It is anticipated that trading will remain halted until the completion of the Proposed Transaction. Both private companies which are each 83% owned by Suman Pushparajah. Predictiv AI will acquire all issued and outstanding shares in the capital of both Shift and HouseStack (the “Target Shares”) in exchange for 70% of Predictiv AI’s total and outstanding common shares immediately prior to the closing of the Proposed Transaction. Based on the number of PAI Shares currently issued and outstanding of 128,500,616, it is expected that the holders of Target Shares will be issued approximately 300,000,000 PAI Shares (on a pre-Consolidation basis). Both private companies which are each 83% owned by Suman Pushparajah. In addition to the issuance of PAI Shares, on closing of the Proposed Transaction, Pushparajah will receive (i) a cash payment of CAD 250,000, and (ii) a promissory note (the “Note”) issued by the Resulting Issuer with a principal amount of CAD 250,000, accruing interest at an annual rate of 6%. Pushparajah shall have the option to convert the principal amount of the Note into PAI Shares at the issue price of the PAI Shares under the equity financing (the “Financing”) completed concurrent with completion of the Proposed Transaction (as described below); or receive cash repayment under the Note once the Resulting Issuer achieves positive cash flow for at least two consecutive financial years. As per the LOI, a condition of closing the Proposed Transaction, Predictiv AI will complete the Financing in an amount that is sufficient to meet the initial listing requirements of the TSXV, at a price to be determined in the context of the market. Immediately prior to the closing of the Proposed Transaction, and subject to Predictiv AI shareholder approval and TSXV approval, it is anticipated that Predictiv AI will undertake a share consolidation on the basis of one (1) post-consolidation common share for up to 6 preconsolidation common shares (the “Consolidation”).
Closing of the Proposed Transaction will be subject to a number of conditions precedent including, without limitation: (a) receipt of all required regulatory, corporate and third-party approvals, including TSXV approval, and compliance with all applicable regulatory requirements and conditions necessary to complete the Proposed Transaction; (b) completion of satisfactory results from due diligence investigations for each of the parties; (c) completion of the Financing; and (d) other mutual conditions precedent customary for a transaction such as the Proposed Transaction. New Risk • May 23
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 37% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Negative equity (-CA$1.1m). Revenue is less than US$1m (CA$40k revenue, or US$30k). Market cap is less than US$10m (CA$2.57m market cap, or US$1.88m). Minor Risk Shareholders have been diluted in the past year (37% increase in shares outstanding). Duyuru • May 23
Predictiv AI Inc. announced that it has received CAD 0.2 million in funding On March 21, 2024, Predictiv AI Inc., closed the transaction. The company issued 10,000,000
units of the company at a price of CAD 0.02 per unit for the gross proceeds of CAD 200,000. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable for one additional common share at an exercise price of CAD 0.05 for a period of 24 months. All securities issued pursuant to the private placement will be subject to a statutory hold period of four months from the date of issuance. Duyuru • Mar 20
Predictiv AI Inc. announced that it expects to receive CAD 0.25 million in funding Predictiv AI Inc. announced a non-brokered private placement of up to 12,500,000 units at a price of CAD 0.02 per unit for the gross proceeds of CAD 250,000 on March 19, 2024. Each unit is comprised of one common share and one share purchase warrant. Each warrant will entitle the holder to acquire one additional share of the company at an exercise price of CAD 0.05 per share for a period of 24 months from the date of issuance. 