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NuRAN Provides Clarification and Corrections Regarding Restructuring Transaction Disclosure
QUEBEC, QC / ACCESS Newswire / January 28, 2026 / NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTC PINK:NRRWF)(FSE:1RN), announces, further to its prior press release of December 23, 2025, that its acquisition of Advance Factoring Inc. ...
About this update from Nuran Wireless Inc
[{"type":"text","content":"QUEBEC, QC / ACCESS Newswire / January 28, 2026 / NuRAN Wireless Inc. ("NuRAN" or the "Company") (CSE:NUR)(OTC PINK:NRRWF)(FSE:1RN), announces, further to its prior press release of December 23, 2025, that its acquisition of Advance Factoring Inc. (the "Factor") has resulted in a restructuring transaction within the meaning of National Instrument 51-102 -Continuous Disclosure Obligations (the "Restructuring Transaction"), and that the Company is in the process of preparing a material change report containing the disclosure required by section 14.2 of Form 51-102F5 - Information Circular in respect of the Factor.","length":659,"tagName":"p"},{"type":"text","content":"Restatement and correction of prior disclosure","length":46,"tagName":"p"},{"type":"text","content":"This news release restates and corrects certain information contained in the Company's press release dated December 23, 2025. In particular, the Company is correcting the disclosure on the following items:","length":209,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"the amount of the debt settlements completed for $6,172,629, and","length":64,"tagName":"p"}]},{"val":[{"type":"text","content":"for the initial tranche of the additional amounts, the Company issued an aggregate of 2,115,064 Units at a price of $2.89 per Unit, for aggregate gross proceeds consisting of cash subscriptions of $2,599,932 and debt settlements of $3,512,627.","length":243,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":307,"olType":false},{"type":"text","content":"Restructuring transaction and disclosure status","length":47,"tagName":"p"},{"type":"text","content":"The Restructuring Transaction involves the acquisition by the Company of the Factor as part of a broader restructuring of the Company's financial position. On December 22nd, 2025, the Company issued an aggregate of 10,380,618 Units, at $2.89 per Unit, which included cash subscriptions of $3,025,068, debt settlements of $6,172,629, and the acquisition of the Factor for $20,802,303.09, and an aggregate of 2,115,064 Unitsat a price of $2.89 per Unit.","length":455,"tagName":"p"},{"type":"text","content":"The Restructuring Transaction was implemented through the acquisition of the Factor, a private company whose principal assets consisted of factored r...