AmeriTrust Receives CAD$35 Million from Warrant Exercise

AmeriTrust Financial Technologies Inc., a fintech platform focused on automotive finance, has announced it has received CAD$35,073,967 in gross proceeds from the exercise of warrants. This news comes on the heels of the company's successful restart of its leasing operations early in 2026, following the close of approximately CAD$40 million in convertible debenture and equity financing.

In January 2026, AmeriTrust completed a brokered offering of convertible debenture and LIFE units. Under this offering, the company issued an aggregate of 598,749,871 warrants with an exercise price of $0.12 and an expiry date of five years. Additionally, 15,743,000 broker warrants were issued with an exercise price of $0.05 and an expiry date of two years. As of the date of the press release, a total of 285,867,642 convertible debenture and LIFE warrants have been exercised, generating proceeds of $34,304,117. Meanwhile, 15,397,000 broker warrants have been exercised for proceeds of $769,850. The aggregate gross proceeds received to date from the exercise of these warrants amount to CAD$35,073,967.

The company's integrated, cloud-based transaction platform facilitates transactions among consumers, dealers, and funders. AmeriTrust's platform is being made available across the United States, aiming to disrupt the automotive industry with its innovative solutions. The company intends to use the proceeds to fund additional new and used vehicle lease contracts, provide collateralized capital to secure lease financing facilities from external financial institutions, and for general working capital purposes.

AmeriTrust Financial Technologies Inc. is listed on the TSX Venture Exchange, OTCQB, and Frankfurt markets.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. This press release contains forward-looking statements relating to the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding future plans and objectives of the Company, the intention to grow the business, operations, and existing and potential activities of the Company, future prospects of the Company, the ability of the Company to execute on its business plan and the anticipated benefits of the Company's business plan, anticipated use of proceeds of the warrant exercise, negotiations with potential funding partners and the ability of the Company to secure additional funding, are forward-looking statements that involve risks and uncertainties.