Business
Uniserve Provides Update on Filing of Business Acquisition Report Related to Megawire Transaction
(TheNewswire)     Vancouver, BC: March 6, 2026  - TheNewswire – U...
About this update from Uniserve Communications Corporation
[{"type":"text","content":"Uniserve Provides Update on Filing of Business Acquisition Report Related to Megawire Transaction\n(TheNewswire)\n\n\n \n \n\n\nVancouver, BC: March 6, 2026  -\nTheNewswire – Uniserve\nCommunications Corporation (the “Company” or “Uniserve”)\n(TSXV: USS), a Canadian\nprovider of managed IT, ISP, cloud, and data centre\nservices, is providing an update regarding the\npreparation of its business acquisition report (the “BAR”) and\nassociated financial statements (collectively, the “Required\nFilings”) relating to the Company’s previously announced\nacquisition (the “Acquisition”) of all of the business, assets and\nundertaking of Megawire Inc. (“Megawire”).\n\n\n \n\n\nThe BAR is required to be filed\nwithin a 75-day period (the “Filing Deadline”) prescribed under\nNational Instrument 51-102 – Continuous Disclosure Obligations (“NI\n51-102”). For further information respecting Uniserve’s\nacquisition of Megawire’s business, please see Uniserve’s news\nrelease dated December 23, 2025. \n\n\n \n\n\nUniserve will not make the required filings by the\nFiling Deadline because it requires additional time to prepare the\nfinancial statements to be included in the BAR and to arrange for the\ncompletion of the audit of the annual financial statements to be\nincluded in the BAR. Megawire, as well as the other companies involved\nin the Megawire transaction, Brimax Financial Services Inc.\n(“Brimax”) and Waterloo Wireless Inc. (“Waterloo Wireless\nInc.”), are private companies and therefore have not previously\nprepared or filed audited financial statements. Uniserve intends to\nwork diligently with its selected auditor to prepare the required\nfinancial statements and to complete the audit of the annual financial\nstatements to be included in the BAR. The Company has imposed a\nmanagement trading blackout pending filing of the Required\nFilings.\n\n\n \n\n\nUniserve expects to make the Required Filings by no\nlater than June 30, 2026. Other than the Required Filings, the Company\nconfirms that it is current in its other continuous disclosure\nfilings. The Company will provide updates as required in accordance\nwith applicable securi...