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Early Warning Press Release

By: TheNewswire.com
September 21, 2026 at 18:40 PM EDT
ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.
Tiger Financial Services Inc.

VANCOUVER, BRITISH COLUMBIA – September 21, 2026 – TheNewswire – This news release is being disseminated pursuant to National Instrument 62-103, The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the filing of an early warning report dated the date hereof, regarding the acquisition of certain securities of Tiger Financial Services Inc. (formerly, Cora Capital Corp., the “Issuer”) by Nexxo Asia Pacific Pte Ltd (  the “Acquiror”).

On September 17, 2026, the Issuer acquired all of the shares of Tiger Financial Corporation, a company existing under the laws of the Commonwealth of Puerto Rico (“Tiger Subco”), pursuant to an amended and restated master agreement (the “Agreement”) dated June 24, 2026, among the Issuer, Tiger Subco and the shareholders of Tiger Subco (the “Transaction”).

The issuance of securities of the Issuer as consideration for the acquisition of the Acquiror’s ordinary shares of Tiger Subco upon the consummation of the Transaction triggered the requirement to file an early warning report.  As a result of the Transaction, an aggregate of 52,500,000 common shares were outstanding as of September 17, 2026, immediately after giving effect to the Transaction.

Pursuant to the Transaction, the Acquiror acquired ownership and control over 14,250,000 common shares of the Issuer (the “Payment Shares”) and 4,250,000 common share purchase warrants of the Issuer (“Consideration Warrants”).  Prior to the completion of the Transaction, the Acquiror held 272,727 common shares in the capital of the Issuer.

The 14,522,727 common shares held by or controlled by the Acquiror following the completion of the Transaction represent approximately 27.66% of the outstanding common shares of the Issuer on a non-diluted basis.  On a partially diluted basis, assuming the exercise of all of the Consideration Warrants and all of the Options, the Acquiror will hold an aggregate of 18,772,727 common shares of the Issuer, representing approximately 33.08% of the outstanding common shares of the Issuer.

The 14,250,000 Payment Shares are subject to an escrow agreement among the Issuer, Endeavor Trust Corporation, as escrow agent, and certain shareholders of the Issuer, including the Acquiror dated June 24, 2026 (the “Escrow Agreement”) in the form prescribed by National Policy 46-201 – Escrow For Initial Public Offerings.  In addition, the Consideration Warrants are subject to certain contractual restrictions on resale set forth in the Agreement.

The Payment Shares and Consideration Warrants were acquired for investment purposes.  The Acquirors will evaluate its investment in the Issuer from time to time and may, depending on various factors including, without limitation, the Issuer’s financial position, the price levels of the common shares, conditions in the securities markets and general economic and industry conditions, the Issuer’s business or financial condition, and other factors and conditions the Acquirors deems appropriate, increase, decrease or change their beneficial ownership over the common shares or other securities of the Issuer in the future but each has no current plans to do so.

For more information on the Transaction, refer to the Agreement, the Escrow Agreement, the prospectus of the Issuer dated September 18, 2026, and the early warning report dated the date hereof, all available under the Issuer’s SEDAR+ profile at www.sedarplus.ca.


Not for distribution to United States newswire services or for dissemination in the United States.

Copyright (c) 2026 TheNewswire - All rights reserved.

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