AirIQ's Normal Course Issuer Bid Approved by TSX Venture Exchange

AirIQ Inc., a leader in wireless asset management services, announced the approval of its normal course issuer bid by the TSX Venture Exchange. The company plans to repurchase up to 1,455,829 common shares, representing 5% of its outstanding shares, between June 27, 2025, and June 26, 2026. This decision comes as AirIQ’s Board of Directors believes the market undervalues the company’s assets and future prospects.

The shares will be bought at the market price through TSXV facilities, with Hampton Securities Limited acting as AirIQ's agent. All shares repurchased will be canceled. Currently, no AirIQ insiders intend to sell shares, but sales could occur due to personal circumstances.

Last year, under a similar program, AirIQ purchased 693,500 shares. Despite intentions, the completion of purchases is not guaranteed. A Form 5G detailing this bid is available on request.