1933 Industries Issues Final Reminder to 2024 Debenture Holders: December 22 Is the Deadline to Convert

About this update from 1933 Industries, Inc.

[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / December 22, 2025 / 1933 Industries Inc. (the "Company" or "1933 Industries") (CSE:TGIF)(OTCID:TGIFF) issues a final reminder to holders of its unsecured convertible debentures issued in 2024 (the "2024 Debentures") that today, December 22, 2025, is the final day to submit conversion instructions in accordance with the terms of the debenture agreement.","length":418,"tagName":"p"},{"type":"text","content":"The maturity date of the debentures is December 31, 2025; however, pursuant to the debenture terms, conversion requests must be received on or before December 22, 2025 in order to be processed.","length":193,"tagName":"p"},{"type":"text","content":"The Company also wishes to thank the debenture holders who have already submitted their conversion documentation following the Company's December 19, 2025 news release. The Board of Directors appreciates the prompt action and continued support demonstrated by those holders, which meaningfully contributes to strengthening the Company's balance sheet and supporting its ongoing operations.","length":397,"tagName":"p"},{"type":"text","content":"As previously disclosed, the Board of Directors has determined that the Company is unable to satisfy repayment of the 2024 Debentures through a monetary payment on the maturity date, as liquidity is required to support business continuity and ongoing operations. Accordingly, the board of directors believes that conversion remains the most constructive and value-preserving outcome for the Company.","length":399,"tagName":"p"},{"type":"text","content":"The Board continues to believe that conversion of the 2024 Debentures into equity is in the best interests of all stakeholders. The debentures are unsecured obligations, and conversion eliminates financial risk, strengthens the Company's capital structure, and positions 1933 Industries to continue executing its operating and growth strategy.","length":347,"tagName":"p"},{"type":"text","content":""We sincerely appreciate the debenture holders who have already acted to convert and demonstrate their continued confidence in 1933 Industries," said Mr. Brian Farrell, CEO and Chairman of the Board. "Their timely support strengthens our financial foundation and allows management to remain focused on operating the busin...

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