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HYDAWAY DIGITAL COMPLETES ACQUISITION OF REALITYCHECK
HYDAWAY DIGITAL COMPLETES ACQUISITION OF REALITYCHECK Canada NewsWire VANCOUVER, ...
About this update from Hydaway Digital Corp.
[{"type":"text","content":"\n\n\nHYDAWAY DIGITAL COMPLETES ACQUISITION OF REALITYCHECK\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nVANCOUVER, BC, Feb. 4, 2026 /CNW/ - Hydaway Digital Corp. (TSXV: HIDE) (\"Hydaway\" or the \"Company\") is pleased to announce that, further to its news release dated December 15, 2025 and January 27, 2026, it has completed its acquisition of 100098940 Ontario Inc. (\"RealityChek\") pursuant to the terms of a share purchase agreement dated January 26, 2026 (the \"Share Purchase Agreement\") with RealityChek. \n\n\n\n\n\n\n\nAs consideration for RealithChek, the Company issued to the shareholders of RealityChek 6,000,000 common shares of the Company (the \"Consideration Shares\") at a deemed price of $0.14 per share for a total purchase price of $840,000 (the \"Purchase Price\"). The Purchase Price was determined by arm's length negotiations between the parties.\nAs additional consideration, the Company will also issue up to an additional 1,862,712 common shares of the Company (the \"Milestone Shares\") on satisfaction of the following milestones:\n776,130 Milestone Shares on the date the RealityChek Platform has successfully completed a 2,000,000 image data set all properly labelled and 200,000 images human labelled.776,130 Milestone Shares on the date the RealityChek Platform has successfully completed an additional 2,000,000 image data set all properly labelled and 200,000 images human labelled.310,452 Milestone Shares on the date the RealityChek Platform has successfully reached 100,000 users.The Consideration Shares are subject to resale restrictions, under which 2,656,427 common shares are subject to no restrictions on resale, 1,017,506 common shares shall be subject to restrictions on resale until each of the dates which are three, six and nine months from the closing and 291,051 shall be subject to restrictions on resale until the date which is twelve months from the closing. Milestone Shares will be subject to a four month hold period under securities laws from the date that the milestone is successfully completed and, if required, a...