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Credissential Completes Sale of Antenna Platform to Codeifai



Credissential Inc.
  

Calgary, Alberta  - TheNewswire - February 17, 2026 – Credissential Inc. (“Credissential” or the “Company”) (CSE: WHIP) (OTC: IPTNF) (FSE: 9YZ) is pleased to announce the successful completion of the sale of its Antenna Transfer Inc. (to be renamed QuantumAI) business to Codeifai Limited (“Codeifai”) (ASX: CDE) (the “Transaction”). The Transaction was approved by the shareholders of Codeifi at their General Meeting on December 8, 2025 and closed effective February 16, 2026.

 

Pursuant to the terms of the Transaction, Credissential is set to receive total consideration of AUD$1.3 million, comprising AUD$1.15 million in common shares of Codeifai (the “Shares”) and AUD$150,000 in cash. The approx. AUD$1.3 million in proceeds provides additional working capital to accelerate development of the Company’s current product stack. The Transaction is arms-length and no finders fees are payable in connection with the Transaction.

 

"We're pleased to close this transaction with Codeifai and realize significant value from our Antenna Transfer platform," said Colin Frost, Chief Executive Officer of Credissential. "This strategic divestiture allows us to focus our full attention and resources on our current product stack, including CoinCMPLY and DealerFlow."

 

The Shares issued to Credissential are subject to voluntary escrow provisions, with one-third released upon the closing of the Transaction, one-third after three months, and the final one-third after six months from the completion date.

 

About Codeifai

 

Codeifai Limited (ASX: CDE) is an Australia-based technology company specializing in artificial intelligence (“AI”), quantum computing, and secure data solutions. The company develops high-margin, scalable SaaS platforms that leverage AI, post-quantum cryptography, and serialized QR code technology to deliver next-generation digital infrastructure. Codeifai's offerings are designed to meet the growing global demand for secure payments, file transfers, digital identity, and traceability solutions across sectors such as fintech, legal, healthcare, government, and digital content. With a vision to drive the adoption of AI-powered, quantum-resilient technologies, Codeifai aims to be a leader in future-proofing enterprise and government communications.

 

About Credissential

 

Credissential is an AI powered financial services software developer, currently focused on the development and commercialization of its flagship products, Credissential Dealerflow, Antenna, and CoinCMPLY. By addressing critical friction points in financial transactions, Credissential enables businesses and individuals to transfer value efficiently, securely, and compliantly.

 

For more information about Credissential and other products from Credissential, visit www.credissential.com.

 

ON BEHALF OF THE BOARD OF DIRECTORS

 

Chief Executive Officer                Colin Frost

Head Office                         191 Ordze Avenue, Sherwood Park, AB T8B 1M6

Telephone                         (604) 917-0375

Email                                 info@credissential.com  

 

The CSE and Information Service Provider have not reviewed and does not accept responsibility for the accuracy or adequacy of this release.

 

Forward-Looking Information

Certain information in this news release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward looking information. When used in this news release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this news release. Forward-looking statements are based on specific factors and assumptions that, while considered reasonable by the Company as of the date of such statements, are outside of the Company's control and are inherently subject to significant business, economic and competitive uncertainties. Forward-looking statements are inherently risky, and the information and plans disclosed therein may not come to fruition as contemplated or at all. Forward-looking statements in this news release include, but are not limited to, statements relating to: statements regarding statements regarding the future business strategy, plans, or opportunities of the Company following the transaction.

 

Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Company's Management Discussion and Analysis, which can be found on SEDAR+ at www.sedarplus.ca.