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Sabio Holdings Inc. is pleased to announce record Q3-2024 revenues of $16.1 million, up 82% year-over-year, with Connected TV/OTT sales driving 77% of the total. Adjusted EBITDA hit a record $2.6 million, fueled by core business growth and political advertising contributions.

Sabio Holdings Inc. is pleased to announce that it will host an investor conference call for its FY'24 Q3 financial results at 9:00a.m. ET on November 19th, 2024.

Sabio Holdings will be presenting at the 17th annual Main Event conference on October 30th, 2024. CEO Aziz Rahimtoola will discuss the company's growth and opportunities in the ad-supported streaming industry.

Sabio Holdings Inc. is pleased to announce that its team has won the Best Presenter award at the Cantech Letter Investment Conference. The company also granted restricted share units to certain independent directors as compensation for their service in 2024.

Sabio Holdings Inc. is pleased to announce that it expects to achieve full-year positive Adjusted EBITDA by the end of the third quarter, driven by strong revenue growth and improved profitability. The company's revenue for Q3-2024 is projected to be between US$15.5 and US$15.8 million, representing a significant increase of over 75% compared to the previous year.

Sabio and SabioTV have been nominated for a European Video Award for Best CTV App Innovation. This marks Sabio's first award nomination since expanding into the European market and highlights its growing presence in the CTV space globally..

Sabio Holdings Inc. is pleased to announce Matt Hull has joined its Board of Directors. Hull has spent his career turning data and analytics into cutting-edge solutions that create significant and perpetual economic value.

Sabio Holdings Inc. will present at the Planet MicroCap Showcase: VANCOUVER 2024 on September 25, 2024. Aziz Rahimtoola, CEO, and Sajid Premji, CFO, will be hosting the presentation and answering questions at the conclusion.

Sabio Holdings Inc. is pleased to announce its unaudited financial results for the second quarter ended June 30th, 2024.

Sabio Holdings Inc. is pleased to announce that it will host an investor conference call for its FY'24 Q2 financial results at 9:00 a.m. ET on August 22, 2024.

Sabio Holdings Inc. is pleased to announce the closing of a new credit facility pursuant to the terms of a credit agreement between its U.S. operating subsidiaries and SLR Digital Finance. 

Sabio Holdings Inc. today announced the grant of 210,000 stock options under the Company's Omnibus Equity Incentive Plan to certain directors and officers of the Company to acquire an aggregate of 210,000 common shares in the capital of the Company.

Sabio Holdings Inc. is pleased to announce its unaudited financial results for the first quarter ended March 31, 2024. 

Sabio Holdings Inc. is pleased to announce that it will host an investor conference call for its FY'24 Q1 financial results at 9:00 a.m. ET on May 30, 2024.

Sabio Holdings Inc. announces a streaming app partnership with SNN Inc., a global multimedia financial news portal covering the Nano, Micro, and Small-Cap markets. Sabio will leverage its complete end-to-end tech stack to power the SNN media network's streaming apps.

Sabio Holdings Inc. is pleased to announce upfront commitments and executed insertion orders totaling over US$27 million for 2024, its audited consolidated annual results, and results for the fiscal fourth quarter ended December 31, 2023.

App Science™, a Sabio Holdings Inc. company, announces it has entered into a multi-year contract with Pivot Marketing Group to support clients including Toyota Motor North America. This new multi-year commitment builds upon over a year of collaborative projects, where App Science's cross-platform analytics solution has played a crucial role in elevating Pivot's marketing capabilities, surpassing traditional audience measurement firms, by providing granular insights into human behaviors and interests.

Sabio Holdings Inc. announces that it will be presenting at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 at 4:00PM (Local Time - PST). Aziz Rahimtoola, Co-Founder & CEO of Sabio, will be participating in a Fireside Q&A with Mathieu Martin of Rivemont MicroCap Fund.

Sabio Holdings Inc. is pleased to announce that it will host an investor conference call for its fiscal year 2023 fourth quarter and audited full-year financial results at 9:00a.m. ET on April 25th, 2024.

Sabio Holdings is pleased to announce that the TSX Venture Exchange has accepted a notice filed by the Company of its intention to make a Normal Course Issuer Bid to be transacted through the facilities of the Exchange.

Sabio Holdings announces an engagement with McDonald's USA to help them connect with the growing multicultural audience by leveraging Sabio's unique, non cookie-based data solutions. This aligns with McDonald's commitment to diverse communities and diverse-owned media partners.

Sabio Holdings Inc. announced a new integration with FreeWheel, a global technology platform for the TV advertising industry. Per this partnership, FreeWheel will now work with Sabio as one of its newest supply-side platform partners.

Sabio Holdings is pleased to announce that Gonzalo Del Fa, the President of GroupM Multicultural, has joined its Board of Directors. Del Fa plays a key role in all aspects of multicultural marketing, diverse media, and inclusive investment efforts, providing clients across GroupM's Mindshare, Wavemaker, and EssenceMediacom agencies with dynamic guidance and strategic programs to support endemic and diverse-owned media.

Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of Connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, announced today the departure of Jon Stimmel, Chief Growth Officer, in connection to the Company's continuing efforts to streamline its business operations.

Sabio Holdings Inc. is pleased to announce its unaudited financial results for the third quarter ended September 30, 2023. Unless otherwise indicated, all amounts are expressed in U.S. dollars.

Sabio Holdings Inc. is pleased to announce that it will host an investor conference call for its FY'23 Q3 financial results at 9:00 a.m. ET/6:00a.m. PT on November 21, 2023.

Sabio Holdings Inc. is pleased to provide a business update for the third quarter of 2023, including its cost and operational efficiency initiatives, preliminary results for its Q3-2023 financial performance, a status update on upfront commitments negotiated for 2024, and a leadership update.

Sabio Holdings Inc. today announced the grant of 87,500 incentive stock options and 272,000 restricted stock units under the Company's Omnibus Equity Incentive Plan to certain directors, officers, and employees of the Company to acquire an aggregate of 359,500 common shares in the capital of the Company.

Sabio Holdings Inc. today announced the launch of SabioTV, a free, creator-first content streaming platform built to promote diverse voices and increase representation among the greater streaming industry.

Sabio Holdings Inc. today announced it has entered into a strategic partnership with Mediahub U.S., an award-winning global media agency, across both companies' portfolio of brands. The relationship reinforces Mediahub's commitment and support of minority-owned media and a focus on diverse audience insights, leveraging Sabio's unique data sets so their clients can effectively reach growing US multicultural audiences.

Sabio Holdings Inc. is pleased to advise that through its wholly-owned U.S. operating subsidiary, Sabio Inc., it has re-engaged DoubleVerify ("DV"), a leading software platform for digital media measurement, data, and analytics.

Sabio Holdings Inc. today announced that its wholly-owned App Science business has experienced increased growth and success for its Publisher Certification program. To receive the "App Science Certified" badge, publishers are validated by App Science, a third-party, platform-agnostic measurement provider that clients and partnerships can rely on.

App Science™, wholly owned by Sabio Holdings Inc. today announced that it has released audience insights comparing bilingual and Spanish-only U.S. Hispanic streaming audiences. Also, as a part of Sabio's commitment to DEI, the Company has also announced the development of its SabioTV streaming platform.

Sabio Holdings Inc.'s wholly-owned Sabio Inc. has released its 2023 QSR Audience Trends Report. Its findings provide advertisers with valuable insights about QSR consumers, including their lifestyle habits and purchase behaviors.

Sabio Holdings Inc. today announced CEO and co-founder Aziz Rahimtoola won the Founder of the Year category for the 2023 Digiday Technology Awards. This year is the first time Digiday has accepted submissions for this category, making Rahimtoola Digiday's premiere Founder of the Year.

Sabio Holdings Inc. is pleased to announce its unaudited financial results for the second quarter ended June 30, 2023.

Sabio Inc. has announced its inclusion in LUMA's Convergent TV LUMAscape for the first time, as well as its recent MarTech Breakthrough Award win for "Best Behavioral Targeting Platform."

Sabio Holdings Inc. is pleased to announce that it has closed a non-brokered private placement financing of secured convertible notes and unsecured convertible notes for aggregate gross proceeds of up to CAD$3,000,000.

Sabio Holdings' wholly-owned App Science™ business is rolling out a new AI feature within its Insights analytics dashboard. The tool leverages natural language processing to provide instant written insights and analysis to inform campaigns.

Sabio Holdings will host an investor conference call for its FY'23 Q2 financial results at 9:00 a.m. ET on August 22, 2023.

Sabio Holdings' wholly-owned Sabio Inc. has released its 2023 CPG Audience Trends Report. The findings, which were sourced using Sabio's first-party data and validated by the company's exclusive measurement and analytics partner, App Science®, provide valuable insights to advertisers about CPG consumers.

Sabio Inc. was recognized for two categories in the 2023 Cynopsis Measure Up! Awards, with App Science™ EVP Helen Lum Receiving a Spot in LATV Week's 40 Under 40

Sabio Holdings Inc. is pleased to announce commitments from various parties to endeavour to spend an aggregate of at least US $3.5 million in 2023 ("Commitments").

Sabio Holdings Inc. is pleased to announce its unaudited financial results for the first quarter ended March 31, 2023.

Sabio Holdings is pleased to announce that it will host an investor conference call for its FY'23 Q1 financial results at 9:00 a.m. ET on May 31, 2023. The Company will release its financial results for the first quarter of 2023 in a press release prior to the investor conference call.

Sabio Holdings Inc. is pleased to announce it is hosting "Sabio Streaming Summit DC: Today's Consumers are Tomorrow's Voters," an exclusive event to bring together thought leaders in digital advertising. This event provides an opportunity to share, learn, and collaborate on the ways to navigate the evolving and rapidly growing streaming ecosystem.

Sabio Holdings Inc. is pleased to announce that its wholly-owned Sabio Inc. has received two 2023 Pollie Awards for its work with a U.S. Senate-level political campaign that enabled a humanized approach to multicultural audience targeting.

Sabio Holdings Inc. today announced that its wholly-owned App Science™ (App Science) business has won a 2023 Data Breakthrough Award in the category of Data Analytics Solution of the Year for its real-time, platform-agnostic and transparent audience analytics solution, which provides brands and agencies richer audience intelligence.

Sabio Holdings Inc. is pleased to announce it has won a 2023 Reed award in the CTV/OTT category of "Best Use of OTT/CTV Targeting." Sabio was awarded for its innovative and unique, mobile-first approach to multicultural audience targeting in a state-level political campaign. The Company has won multiple Reed Awards over the years, and this is its first win in the Best CTV/OTT Targeting category.

Sabio Holdings Inc. announced that it will be presenting at the Planet MicroCap Showcase 2023 at the Horseshoe Hotel & Casino, Las Vegas on April 26th & 27th. The Planet Microcap Showcase brings together the most promising companies and the top dealmakers in MicroCap Finance for three days of company presentations, 1x1 meetings, and educational panels.

Sabio Holdings Inc. (TSXV: SBIO)(OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV")/over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce its audited consolidated annual results and results for the fiscal fourth quarter ended December 31, 2022. Unless otherwise indicated, all amounts are expressed in U.S. dollars.

Sabio Holdings Inc. (TSXV: SBIO)(OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV")/over-the-top ("OTT") advertising platforms validated by performance, today announced that its wholly-owned App Science™ ("App Science") business has released its 2023 U.S. Audience Trends Report: Life of a Streamer.

TORONTO, March 17, 2023 -- Sabio Holdings Inc. (TSXV:SBIO, OTCQX: SABOF) ("Sabio" or the "Company"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce that the TSX Venture Exchange (the "Exchange") has accepted a notice filed by the Company of its intention to make a Normal Course Issuer Bid (the "Bid") to be transacted through the facilities of the Exchange.

Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce that it will host an investor conference call for its fiscal year 2022 fourth quarter and audited full-year financial results at 9:00a.m. ET on March 23, 2023

Sabio Holdings Inc. (TSXV: SBIO; OTCQX: SABOF) ("Sabio" or the "Company"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce that it has engaged the services of Independent Trading Group, Inc. ("ITG") to provide services as a market maker in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ITG will receive a fee of C$5,000 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ITG is for an Initial Term of three (3) months and shall be automatically renewed for subsequent one (1) month terms (each month called an "Additional Term") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation are being granted in connection with the engagement. ITG and its clients may acquire an interest in the securities of the Company in the future.

Sabio Holdings Inc. (TSXV: SBIO; OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, today announced the appointment of Humera Kassem as Chief People Officer. As the latest member of Sabio's executive team, Kassem is tasked with all aspects of the company's global HR function, including compensation and benefits, talent acquisition and retention, learning and development, HR operations, and organizational development and effectiveness.

Sabio Holdings Inc. (TSXV: SBIO; OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, today announced that it will conduct one-on-one meetings with investors at the CEM AlphaNorth Capital Event in Nassau, Bahamas from January 20, 2023 to January 22, 2023.

Sabio Holdings Inc. (TSXV: SBIO)(OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of Connected TV ("CTV")/over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce its unaudited financial results for the third quarter ended September 30, 2022. Revenues of US $11.9 million in Q3-2022 compared to US $6.8 million in Q3-2021, marking the highest quarterly revenues in the Company's history. Adjusted EBITDA grew 78% to US $1.2 million in Q3/2022, compared to US $0.7 million in Q3/2021. On a trailing twelve-month basis, sales have grown 85% to over US $35 million with Adjusted EBITDA of US $0.6 million. CTV/OTT sales increased by 132% to $6.7 million, compared to $2.9 million in the prior year's quarter. Outlook for Q4-2022 remains strong; expecting positive Adjusted EBITDA for FY2022. Increased average deal size, with existing clients driving 76% of quarterly revenues; addition of new Fortune 500 nameplates.

Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce, following its upgrade to the OTCQX® Best Market ("OTCQX") on June 15, 2022, that the Depository Trust Company ("DTC") has made Sabio common shares eligible for electronic deposit at DTC. DTC eligibility is expected to simplify the process of trading Sabio's shares in the United States.

Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce that it will host an investor conference call for its FY'22 Q3 financial results at 9:00 a.m. EST on Tuesday, November 29, 2022.

Sabio Holdings Inc. (TSXV: SBIO; OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of CTV/OTT advertising platforms validated by performance is pleased to announce that Vidillion Corp ("Vidillion") , its wholly owned subsidiary has now been certified by Trustworthy Accountability Group ("TAG"). By completing the rigorous "Verified by TAG" vetting process, Vidillion has received TAG's highly coveted "Certified Against Fraud" Seal and a TAG-ID. In order to receive TAG's Certified Against Fraud Seal, Vidillion has demonstrated its adoption of industry standards to protect its customers and the supply chain from fraudulent traffic.

Sabio Holdings Inc.(TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of CTV/OTT advertising platforms validated by performance, is pleased to announce its unaudited financial results for the second quarter ended June 30, 2022. Revenues of US $7.2 million in Q2-2022 compared to US $4.2 million in Q2-2021, year over year (YoY) growth led by a 106% jump in CTV sales and a 44% increase in mobile sales. Continued to add new Fortune 100 brands as customers and win upfront deals from major brands. The outlook for 2022 remains strong; expecting strong topline growth and adjusted EBITDA profitability during the second half of the year.

Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance is pleased to announce today that Sabio has been recognized as a leader by multiple industry sources that honor excellence in a range of best workplace environments.

Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce that it will host an investor conference call for FY'22 Q2 Financial Results at 9:00 a.m. EST on Thursday, August 25, 2022.

Sabio Holdings Inc. (TSXV: SBIO;OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, today announced that its Sabio solution has been selected as winner of the "Best Behavioral Targeting Platform" award in the fifth annual MarTech Breakthrough Awards program conducted by MarTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global marketing, sales and advertising technology industry today.

Sabio Holdings Inc. (TSXV: SBIO; OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce voting results from the Company's Annual General and Special Meeting of Shareholders ("AGM") held virtually on June 29, 2022.

Sabio Holdings Inc. (TSXV: SBIO; OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, today announced the appointment of Tim Russell as its first Chief Revenue Officer (CRO). Russell is a veteran leader with deep expertise in spearheading and scaling high-performing teams to deliver success through the company's next phase of growth.

Sabio Holdings Inc. (TSXV: SBIO;OTCQX: SABOF) (the "Company" or "Sabio"), a leading provider of connected TV ("CTV") and over-the-top ("OTT") advertising platforms validated by performance, is pleased to announce that it has been upgraded to begin trading on the OTCQX® Best Market ("OTCQX"). Shares of Sabio will trade under the ticker "SABOF" as of June 15,2022.

Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio"), a leading provider of Connected TV ("CTV") software solutions, validated by performance, today announced that its wholly-owned App Science™ ("App Science") business completed the process necessary to become "Verified by TAG" and included in the TAG Registry by the Trustworthy Accountability Group (TAG), an advertising industry initiative created to fight criminal activity and strengthen brand safety in the digital advertising supply chain.

Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio"), a leading provider of CTV/OTT advertising platforms validated by performance, is pleased to announce its unaudited financial results for the first quarter ended March 31, 2022. Unless otherwise indicated, all amounts are expressed in U.S. dollars.

Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio"), a leading provider of Connected TV ("CTV") software solutions validated by performance, is pleased to announce that it has won a Pollie Award from the American Association of Political Consultants (AAPC) in the Best Use of Digital Internet - Best Use of Television" for the AAPC South with the "Virginia is for Winners" campaign. Pollie winners represent the very best in political campaigning, campaign management, political consulting and design, and grassroots & advocacy have to offer. This is the second political award in recent weeks and the fourth Pollie win for Sabio.

App Science wins the Reed award for Innovation in Analytics | Reed awards are a major event in the Political Campaign Industry Conference | Political spending for 2022 is expected to be strongest ever for midterm elections

Sabio Holdings Inc. (TSXV: SBIO), a leading provider of CTV/OTT advertising platforms validated by performance, is pleased to announce its audited consolidated annual results and results for the fiscal fourth quarter ended December 31, 2021. Unless otherwise indicated, all amounts are expressed in U.S. dollars. • Sabio delivered record revenues of US$24.2 million in fiscal 2021 up 84% over fiscal 2020, led by a 10x growth in CTV revenues

Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio") is pleased to announce that further to its news release dated February 22, 2022, the Company has, through its newly formed wholly-owned subsidiary, Vidillion Corp. (formerly, Sabio Acquisition Inc.), completed the acquisition of substantially all of the assets of Vidillion Inc. ("Vidillion"), a U.S. based Streaming TV supply side platform (SSP) and technology provider for content creators (the "Acquisition"). The Acquisition was completed pursuant to the previously announced asset purchase agreement dated February 18, 2022 entered into between Sabio, Vidillion Corp. and Vidillion.

Sabio is pleased to announce that Aziz Rahimtoola, CEO and Sajid Premji, CFO of Sabio will host meetings with investors at the 8th annual AlphaNorth CEM Capital Event taking place in Nassau, Bahamas from March 25 to 27, 2022.

Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio"), a leading provider of Streaming TV analytics, distribution and monetization solutions validated by performance, is pleased to announce that it has signed the largest contract in the company's history ("Contract"). The Contract represents the 3-year expansion of Sabio's existing partnership with a current customer.

Sabio Holdings Inc. (TSXV: SBIO) a leading provider of Connected TV ("CTV") software solutions, validated by performance, is pleased to announce that it has entered into a definitive asset purchase agreement, will acquire substantially all of the assets of Vidillion Inc. ("Vidillion"), a U.S. based CTV supply side platform (SSP).

Sabio Holdings Inc. (TSXV: SBIO), (the "Company" or "Sabio") a leading provider of digital TV advertising platforms validated by performance, today announced the addition of veteran digital marketing executive Jon Stimmel as Chief Growth Officer. In this role, Stimmel is responsible to oversee strategic marketing, drive adoption of Sabio's demand-side platform (DSP), and increase awareness of AppScience's actionable campaign analytics.

Sabio Holdings Inc. (TSXV: SBIO) (the "Company" or "Sabio"), a leading provider of CTV/Streaming TV advertising platforms validated by performance, is pleased to announce record preliminary unaudited consolidated financial results for Q4-2021 ended December 31, 2021, and for the financial year ended December 31, 2021.

Sabio Holdings Inc. (TSXV: SBIO) ("Sabio Holdings" or the "Company"), the media and technology company that oversees CTV platforms AppScience® and Sabio, today announced Jennifer Cabalquinto has joined its Board of Directors ("Board"), effective immediately. A 25-year industry veteran, Jennifer is currently the Chief Financial Officer ("CFO") of 2K, and previously served as the CFO and Special Advisor of the Golden State Warriors.

Revenue growth driven by a 7x increase in CTV Revenues and 38% increase in Mobile. Subsequent to the quarter ended September 30, 2021, Sabio Holdings Inc. completed its TSX Venture Exchange qualifying transaction with Sabio, Inc.

Sabio Holdings Inc. (formerly Spirit Banner II Capital Corp.) (TSXV: SBIO) ("Sabio" or the "Company") is pleased to announce that it has engaged the services of Generation IACP Inc

Sabio Holdings Inc. (formerly, Spirit Banner II Capital Corp. ("Spirit")) (TSXV: SBIO.P) is pleased to announce that the TSX Venture Exchange (the "TSXV") has published its final exchange bulletin in connection with the Company's previously announced qualifying transaction (the "Qualifying Transaction") resulting in the reverse takeover of the Company by Sabio Mobile Inc. ("Sabio"), a private company incorporated under the laws of Delaware.

Spirit Banner II Capital Corp. (TSXV: SBTC.P) is pleased to provide an update on its proposed business combination transaction with Sabio Inc. It is expected the Proposed Transaction will qualify as the Corporation's "Qualifying Transaction" under the policies of the TSX Venture Exchange.