Fintechwerx Announces Repricing of Warrants
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VANCOUVER – TheNewswire - April 30, 2025 – Fintechwerx International Software Services Inc. (CSE: WERX) (“FintechWerx” or the "Company") announces the repricing of an aggregate of 1,422,100 common share purchase warrants (“Repriced Warrants”) to a revised exercise price of $0.34 per Repriced Warrant, effective on May 1, 2025 (the “Warrant Repricing”). Under the policies of the Canadian Securities Exchange (the “CSE”), the Warrant Repricing is subject to the unanimous consent of the registered holders of the outstanding Repriced Warrants. Following the Company’s 10:1 share consolidation effective August 15, 2024 (the “Consolidation”), of the 1,422,100 Repriced Warrants: (i) 1,234,850 had an original exercise price of $1.00 ($0.10 pre-Consolidation) and an expiry date of April 26, 2028; and 187,250 had an original exercise price of $1.20 ($0.20 pre-Consolidation) and an expiry date of June 22, 2028.
About FintechWerx
FintechWerx is an e-commerce technology company. The Company provides onboarding, payments, identity verification and data services to independent sales organizations, small and medium sized businesses. Additional information is available at www.sedarplus.ca or on the Company’s website at www.FintechWerx.com.
For more information, please contact:
Francisco Carasquero
FintechWerx International Software Solutions Inc.
Phone: 778-652-3669
Email: info@FintechWerx.com
Website: www.FintechWerx.com
Twitter: www.twittter.com/fintechwerx
This news release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements in this release include, but are not limited to, statements regarding the Company’s objectives, business strategies, and future plans, including completion of the Warrant Repricing and compliance with securities laws. These forward-looking statements are based on management’s current expectations and assumptions, which are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied. Risks include, but are not limited to, changes in market conditions, regulatory risks, the inability to achieve regulatory compliance or approvals, reliance on key personnel and the risk factors set forth in the Company’s filings on SEDAR+. Forward-looking statements are made as of the date of this release, and FintechWerx disclaims any obligation to update or revise them to reflect new events or circumstances, except as required by law. Investors are cautioned not to place undue reliance on these forward-looking statements.
The Canadian Securities Exchange nor the Canadian Investment Regulatory Organization has neither approved or disapproved of the contents of this press release.