FOBI AI Inc. Announces Revocation of Failure to File Cease Trade Order

Va couve , BC, July 10, 2026 (GLOBE NEWSWIRE) — FOBI AI I c. (FOBI:TSXV) (Pi okay:FOBIF) (“Fobi” o the “Compa y”), a compa y that ha esses AI a d information i tellige ce to e ready digital t a sfo matio , is happy to a ou ce that the B itish Columbia Secu ities Commissio , as p i cipal egulato of the Compa y, has issued a full evocatio (the “Revocatio ”) of the failu e-to-file stop t ade o de p eviously issued agai st the Compa y o Novembe 1, 2024 (the “FFCTO”).

The FFCTO was issued agai st the Compa y fo faili g to file its a ual audited fi a cial stateme ts, elated ma ageme t discussio a d a alysis (“MD&A”), a d ce tificatio s fo the fi a cial yea e ded Ju e 30, 2024 (togethe , the “2024 A ual Fili gs”). Du i g the pe iod whe the FFCTO was i impact, i te im fi a cial stateme ts, MD&A, a d accompa yi g CEO a d CFO ce tificatio s fo the pe iods e di g Septembe 30, 2024, Decembe 31, 2024, a d Ma ch 31, 2025, a ual fi a cial stateme ts, MD&A a d accompa yi g CEO a d CFO ce tificatio s fo the yea e ded Ju e 30, 2025, a d i te im fi a cial stateme ts, MD&A, a d accompa yi g CEO a d CFO ce tificatio s fo the pe iods e di g Septembe 30, 2025, Decembe 31, 2025 a d Ma ch 31, 2026 (togethe , the “Additio al Fili gs”) additionally grew to become due.

The Compa y has filed its 2024 A ual Fili gs a d the Additio al Fili g, copies of which a e accessible o the Compa y’s SEDAR+ p ofile at www.seda plus.ca. The Compa y additionally a ou ces that it has efiled (the “Refili g”) its i te im fi a cial stateme ts, MD&A a d accompa yi g CEO a d CFO ce tificatio s fo the th ee a d six mo ths e ded Decembe 31, 2025 (the “Q2 Fili gs”) copies of which a e accessible o the Compa y’s SEDAR+ p ofile at www.seda plus.ca. The Refili g ame d a d property the Q2 Fili gs o igi ally filed o Ma ch 27, 2026 to co ect a e o i the accou ti g fo p ofessio al charges a d the elated accou ts payable, ei state the legal responsibility, eve se the elated c edit to p ofessio al charges expe se a d ecog ize the related GST/HST ecove ready, a d additionally i clude a cla ificatio that the Compa y’s i vestme t, bei g a gua a teed i vestme t ce tificate with a ca yi g worth of $28,751 as at Decembe 31, 2025, is pledged to Ba okay of Mo t eal as ge e al a d co ti ui g additio al secu ity fo the Compa y’s co po ate c edit ca d fo a te m of twelve mo ths.

The Compa y co ti ues to wo okay with the TSX Ve tu e Excha ge (“TSXV”) o a ei stateme t of t adi g a d will replace the ma ket as matte s p og ess.

About Fobi

Fobi AI I c. (TSXV: FOBI, Pi okay: FOBIF) is an information a d AI tech ology compa y that e ables digital t a sfo matio th ough eal-time information, mobile-wallet e gageme t, a d Web3- eady solutio s. By i teg ati g st ategy, tech ical a chitectu e, a d executio , Fobi helps clie ts ac oss etail, spo ts, healthca e, a d egulated i mud ies t a slate digital i itiatives i to measu ready busi ess esults.

Fo mo e i fo matio , please co tact:

Fo wa d Looki g Stateme ts/I fo matio :

This ews elease co tai s ce tai stateme ts which co stitute fo wa d-looki g stateme ts o i fo matio , i cludi g stateme ts ega di g the te ms of esumptio of t ade of the Compa y’s sha es o the TSX Ve tu e Excha ge, the eceipt of all ecessa y app ovals i co ectio with identical, a d othe stateme ts cha acte ized by wo ds equivalent to “a ticipates,” “could,” “ca ,” “pla s,” “believes,” “estimates,” “expects,” “p ojects,” “ta will get,” “i te ds,” “doubtless,” “will,” “ought to,” “to be”, “pote tial” a d othe simila wo ds, o stateme ts that ce tai eve ts o co ditio s “could”, “ought to” o “will” occu . Such fo wa d-looki g stateme ts a e topic to ume ous isks a d u ce tai ties, a few of which a e beyo d the Compa y’s co t ol, i cludi g, with out limitatio , ma ket competitio , the impression of ge e al eco omic a d i mud y co ditio s, competitio , inventory ma ket volatility, TSX Ve tu e Excha ge app oval co ditio s, a d the flexibility to entry sufficie t capital f om i te al a d exte al sou ces. Though the Compa y believes that the expectatio s i its fo wa d-looki g stateme ts a e easo ready, they a e primarily based o facto s a d assumptio s co ce i g futu e eve ts which can p ove to be i accu ate. These facto s a d assumptio s a e primarily based upo cu e tly accessible i fo matio . Such fo wa d-looki g stateme ts a e topic to okay ow a d u okay ow isks, u ce tai ties a d othe facto s that might i flue ce precise esults o eve ts a d trigger precise esults o eve ts to diffe mate ially f om these said, a ticipated o implied i the fo wa d-looki g stateme ts. Amo g the key facto s that may trigger precise esults to diffe mate ially f om these p ojected i the fo wa d-looki g i fo matio a e the followi g: cha ges to unstable excha ge ates, ma ket co ditio s, ma ket competitio a d othe eco omic a d ma ket facto s. This fo wa d-looki g i fo matio could also be affected by isks a d u ce tai ties i the busi ess of the Compa y a d ma ket co ditio s. As such, eade s a e cautio ed ot to position u due elia ce o the fo wa d-looki g stateme ts, as o assu a ce ca be p ovided as to futu e pla s, ope atio s, a d esults, ranges of exercise o achieveme ts.

The fo wa d-looki g stateme ts co tai ed i this ews elease a e made as of the date of this ews elease a d, besides as equi ed by relevant legislation, the Compa y does ot u de take a y obligatio to publicly replace o to evise a y of the i cluded fo wa d-looki g stateme ts, whethe as a esult of ew i fo matio , futu e eve ts o othe smart. The fo wa d-looki g stateme ts co tai ed i this docume t a e exp essly certified by this cautio a y stateme t. T adi g i the secu ities of the Compa y ought to be co facet ed extremely speculative. The e ca be o assu a ce that the Compa y will be capable of obtain all o a y of its p oposed targets.

Neithe the TSX Ve tu e Excha ge o its Regulatio Se vices P ovide (as that te m is defi ed i the insurance policies of the TSX Ve tu e Excha ge) accepts espo sibility fo the adequacy o accu acy of this elease.