Boardwalktech Extends Private Placement Closing Date to May 2025

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CUPERTINO, Calif., April 11, 2025 /CNW/ – BWLK BWLKF Boardwalktech Software Corp. (the “Company” or “Boardwalktech“) has announced an extension from the TSX Venture Exchange (the “TSXV“) regarding the duration of its previously announced private placement, known as the “Offering,” under the Listed Issuer Financing Exemption outlined in Part 5A of National Instrument 45-106 – Prospectus Exemptions.

The deadline for the final closing and submission of all associated documentation for the Offering has been postponed from April 14, 2025 to May 14, 2025.

Further Details on the Offering

To learn more about the Offering, please refer to the Company’s press releases dated February 27, 2025 and March 17, 2025.

An offering document related to the Offering is available under the Company’s profile at www.sedarplus.com and on the Company’s website at https://ir.boardwalktech.com/financial-information. Prospective investors are encouraged to review this document prior to making any investment decisions.

The Company anticipates closing the final tranche of the Offering within the next few weeks, or on an alternative date as decided by the Company. The closing is subject to obtaining all necessary corporate and regulatory approvals, including the approval of the TSXV. Additionally, the Company may offer finders’ fees associated with the Offering in accordance with TSXV policies.

Important Legal Notations

This press release does not serve as an offer to sell or a solicitation of an offer to buy any securities described herein. These securities have not been, and will not be, registered under the U.S. Securities Act or any state securities laws, meaning they cannot be offered or sold within the United States, or to or for the account or benefit of persons in the United States, unless registered or exempt from such registration requirements.

On Behalf of the Company

Andrew Duncan,
CEO & Chairman

About Boardwalktech Software Corp.

Boardwalktech has developed a patented Digital Ledger Technology Platform used by Fortune 500 companies for mission-critical applications globally. Their technology uniquely supports the simultaneous collaboration of multiple parties on vast amounts of structured and unstructured data while maintaining data fidelity and provenance. This platform enables the rapid development of collaborative, purpose-built enterprise information management applications across various devices, integrating seamlessly with existing enterprise systems. Boardwalktech is headquartered in Cupertino, California, with additional offices in India and operations throughout North America. For more information about Boardwalktech, please visit their website at www.boardwalktech.com.

Legal Disclaimer

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement

This press release includes certain “forward-looking information” as defined by applicable Canadian securities laws and may also encompass statements considered “forward-looking statements” under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such information reflects the Company’s expectations regarding future events and objectives, many of which are uncertain and beyond the Company’s control. Forward-looking terms, such as “plans,” “expects,” “is expected,” “intends,” “anticipates,” and other similar expressions, indicate potential future developments or results. This may also relate to the Offering and the anticipated use of proceeds.

By presenting this information, the Company highlights that actual outcomes could differ materially due to various risks and uncertainties inherent in such forecasts.

Understanding the Risks of Investing in Boardwalktech Software

Important Caution on Forward-Looking Information

An investment in the Company’s securities is speculative and comes with various risks. These include the risks detailed under the “Risk Factors” section in the Company’s filing statement dated February 25, 2025. While Boardwalktech Software Corp. has made efforts to highlight key factors that could lead to actual results differing significantly from the forward-looking information and statements, there may be additional factors that could cause outcomes to deviate from expectations.

Assumptions and Limitations

For the forward-looking information and statements in this press release, the Company has based its projections on certain assumptions it believes to be reasonable. However, investors should not place undue reliance on this information and statements. There is no guarantee that these projections will hold true as actual results and future events may vary significantly from what is anticipated. The forward-looking information and statements in this press release are provided as of its release date, and the Company is not obligated to update them unless mandated by applicable securities laws. Any additional written or oral forward-looking information attributed to the Company or its representatives is fully qualified by this notice.

Source: Boardwalktech Software Corp.

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