FingerMotion, Inc. entered into a definitive Share Purchase Agreement to acquire 100% of Newbit Technology Inc. for US$2,300,000 in cash on a cash-free, debt-free basis. The acquisition secures surface tenure, development permits, pipeline infrastructure, and environmental registrations associated with the company's previously disclosed 9.9 MW behind-the-meter site (Brooks Campus #1) in Alberta. Closing is targeted for October 29, 2026, subject to conditions including a new gas supply agreement with Pivotal Energy Partners and regulatory consents. FingerMotion operates in the technology sector, developing mobile data platforms and North American behind-the-meter power and compute programs.
