News for Agent

Daily business news: funding, M&A, launches

Mergers & Acquisitions

EverKind Signs Definitive Deal to Buy Razroze for Up to $250,000 in Stock

By ·

Key takeaways

  • EverKind Wellness entered a definitive deal to acquire Razroze Inc. for up to $250,000 in EverKind shares.
  • The all-share consideration carries a lock-up, and the deal requires TSXV acceptance.
  • Razroze founder consulting is set at up to $25,000 plus 31,250 RSUs that vest after one year on a milestone basis.

EverKind Wellness Inc. Entered a definitive agreement to acquire Razroze Inc. For up to $250,000 in EverKind shares, subject to customary conditions and TSXV acceptance. TradingView carried the announcement, which EverKind distributed through TMX Newsfile. EverKind develops health care software offering personalized guidance to help people regulate emotions, reduce stress and build resilience, and serves customers in Canada.

EverKind's All-Share Terms for Razroze

The consideration is entirely in EverKind shares and includes a lock-up, which ties the seller to post-deal performance. The transaction also absorbs a $240,000 Mitacs project with the University of Washington and a $170,000 Mitacs project with CAMH and the University of Toronto. Razroze's founder will consult for up to $25,000 plus 31,250 restricted share units, which vest after one year on a milestone basis. EverKind said the deal adds AI safety intellectual property and research ties. Closing timing is not guaranteed, and the agreement requires TSXV acceptance alongside customary conditions. The exchange's Sandbox route has drawn recent attention: Financial Post reported on September 25, 2026 that Atlas Energy Corp completed a C$15.0 million royalty investment and received TSXV approval to exit its Sandbox listing.

EverKind's Path From Private Placement to OTCQB

EverKind closed a non-brokered private placement of 7,625,000 subscription receipts for gross proceeds of $6.1 million, Newsfile reported on August 17, 2026. On August 24, 2026, Newsfile reported that EverKind completed a qualifying transaction with TSX Venture Exchange-listed shell company AF2 Capital Corp., acquiring Everkind Inc. And changing its corporate name to Everkind Wellness Inc. Stock Titan reported on September 17, 2026 that Everkind's common shares were expected to begin trading on the OTCQB Venture Market under the symbol EKWIF that day, alongside its existing TSX Venture listing.

How Other Deals Compare

Stocktwits reported on October 28, 2026 that investor Larry Goldberg said Tesla shareholders need no premium for a SpaceX merger and floated $500 a share to sway holders. EIN Presswire reported on October 27, 2026 that IAG M&A Advisors completed the sell-side advisory for Boyd Plumbing, acquired by C M Kelly Inc. In an all-cash offer representing a 30% premium. BusinessLIVE reported on October 24, 2026 that Sanlam is bidding about R21bn, at R505 per share, for full ownership of Santam.

Companies in this story

Sources

Machine-readable: Markdown · JSON