Vancouver, British Columbia – November 10, 2025 – TheNewswire - Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“Plaid” or the “Company”), a leader in advanced graphene-based solutions, is pleased to announce that it is undertaking a stock split of all of its issued and outstanding common shares (the “Common Shares”) on the basis of four (4) new Common Shares for each one (1) existing Common Share (the “Stock Split”).

As a result of the Stock Split, the number of issued and outstanding Common Shares will increase from 17,389,473 to 69,557,892. Shareholders of record of the Company as of the close of business on November 14, 2025 (the “Record Date”), will receive three (3) additional Common Shares for each Common Share held.

The purpose of the Stock Split is to enhance the liquidity and marketability of the Company’s Common Shares. The number and exercise price of outstanding stock options, warrants and other convertible securities, if any, will be adjusted proportionately to reflect the Stock Split.

The Canadian Securities Exchange (the “CSE”) will issue a bulletin confirming the Stock Split in due course. The Common Shares are expected to begin trading on a post- Stock Split basis on or about November 14, 2025.

Shareholders are not required to take any action with respect to the Stock Split. In accordance with CSE policies, the Stock Split is being conducted on a "push-out" basis, and therefore the Company’s CUSIP number will remain unchanged. The Company will send holders of Common Shares as of the Record Date a DRS advice letter, which will represent the additional shares resulting from the Stock Split. Current outstanding share certificates representing the shares should be retained by shareholders and should not be forwarded to the company or Endeavor.

The Split remains subject to the acceptance of the CSE. The Company will not be changing its name or trading symbol in conjunction with the Split.

 

About the Company

The Company focuses on the development and commercialization of graphene-enhanced technology. Plaid is simultaneously pursuing a range of applications for its proprietary graphene-infused concrete mixture, with an initial focus on wellbore cement and subsurface applications. Management expects Plaid’s unique mixture to pave the way for a new era in well abandonment, combining cutting-edge materials with precision engineering.

On Behalf of the Board of Directors

 

“Guy Bourgeois”

 

Guy Bourgeois

Director & Chief Executive Officer

Telephone:  1-800-585-7517

Email: info@plaidtechnologiesinc.com

Website: https://www.plaidtechnologiesinc.com

The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This news release contains forward-looking information that is not based on historical facts. Forward-looking information is characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “target,” “potential,” and other similar words, or statements that certain events or conditions “may” or “will” occur. More particularly, and without limitation, this news release contains forward-looking information regarding the Company’s future plans, business objectives, and the development, operation, and commercialization of its technology and products. The Company cautions that all forward-looking information is inherently uncertain and that actual performance may be affected by a number of material factors, assumptions, and expectations, many of which are beyond the Company’s control. These factors include, without limitation, the Company’s intention to complete a stock split, and assumptions and expectations concerning its ongoing operations and business environment. Such risks and uncertainties include, but are not limited to, prevailing market conditions and general business, economic, competitive, political, and social factors that may cause actual results to differ materially from those expressed or implied by the forward-looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated. Accordingly, readers should not place undue reliance on forward-looking information.

Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, and includes those risks set out in the Company's management’s discussion and analysis as filed under the Company's profile at www.sedarplus.ca. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. The Company disclaims any intention or obligation to update or revise any forward- looking information, other than as required by applicable securities laws.

Forward-looking information in this news release also involves material risks and uncertainties specific to its business, including risks related to the early-stage nature of the acquired technology, uncertainty regarding the possibility of intellectual property protection challenges, and the need to comply with applicable regulatory frameworks in Canada and other jurisdictions. There is no assurance that the Company will be successful in developing or commercializing products related to its business.