{"success":true,"data":{"pressRelease":{"id":"155136","rtpr_id":"nGNX9qHrZ3-20260929","ticker":"HC","exchange":"","all_tickers":["HC"],"title":"Hypercharge to Acquire REVS Charging, Establishing U.S. Operating Platform and Expanding Charging and Services Revenue","author":"Globe Newswire","published_at":"2026-09-29T11:30:00.509Z","article_body":"VANCOUVER, British Columbia, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Hypercharge\nNetworks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) (the \"Company\" or\n\"Hypercharge\"), a leading EV charging operator, is pleased to announce that it\nhas entered into a definitive agreement (the \"Definitive Agreement\"), signed\nSeptember 28, 2026, to acquire 100% of the equity interests of REVS Charging\nLLC (\"REVS\"), a Texas-based provider of electric vehicle charging solutions\n(the \"Transaction\"). The Transaction is expected to close on October 1, 2026,\nsubject to customary closing conditions and receipt of the requisite TSX\nVenture Exchange (the \"TSXV\") approval.\n\nThe Transaction marks an important step in Hypercharge's North American growth\nstrategy by establishing on the ground operations in the United States which\nwill complement the Company’s existing charging network in 14 states today,\nexpanding the Company's portfolio of owned and operated charging\ninfrastructure, and increasing its recurring services and subscription\nrevenue.\n\nTransaction Structure and Consideration\n\nThe Transaction values REVS on an enterprise basis up to US$4,750,000 (the\n\"Purchase Price\"), subject to customary closing adjustments for working\ncapital, indebtedness and transaction expenses. The Purchase Price is payable\nas follows:\n* Closing share consideration: US$3,000,000 (63% of the Purchase Price),\npayable in common shares of Hypercharge (the \"Common Shares\") at closing, to\nbe issued at a deemed price of C$0.23 per Common Share and subject to a\nsix-month lock-up;\n* Closing cash consideration: US$500,000 (11% of the Purchase Price), payable\nin cash at closing;\n* Deferred consideration: up to US$1,250,000 (26% of the Purchase Price),\npayable in Common Shares over three annual tranches contingent on REVS meeting\ngross profit performance milestones of US$850,000 in year 1, US$1,200,000 in\nyear 2, and US$2,000,000 in year 3. The Common Shares issuable as deferred\nconsideration will be priced based on the 20-day volume-weighted average\ntrading price of the Common Shares as of the applicable issuance date, subject\nto a floor price of C$0.23 per Common Share and a ceiling price of C$0.50 per\nCommon Share.\nAs part of the Transaction, the Company provided REVS with an interim secured\nloan of US$200,000 (the \"Loan\") during the exclusivity period under the letter\nof intent, signed May 27, 2026, to support REVS' ongoing operations. Upon\nclosing of the Transaction, the Loan, together with certain capital\nexpenditure advances made to REVS, and accrued interest shall be extinguished\nand treated as an equity investment by the Company.\n\nNo finder's fee are payable and there are no relationships with any non-arm's\nlength parties pursuant to the Transaction or the Loan.\n\nStrategic and Investment Highlights\n* Establishes a U.S. operating platform: REVS provides Hypercharge with an\nestablished U.S. business, customer relationships, local operating\ncapabilities, and a foundation for further expansion across North America.\n* Expands recurring revenue: REVS generates more than C$1 million in annual\ncharging and services revenue, at a gross margin of >45%, increasing\nHypercharge's recurring revenue base.\n* Accelerates the owned-and-operated strategy: REVS brings a portfolio of more\nthan 500 owned Level 2 charging ports, together with approximately 700\nadditional customer-owned charging ports deployed across the United States,\nbringing Hypercharge's network to over 10,000 sold or owned charging ports\nacross North America.\n* Increases flexibility in the U.S. market: An established U.S. operation will\nallow Hypercharge to serve customers, build local partnerships, and develop\nsourcing and supplier relationships with greater flexibility amid changing\ntrade policies and tariffs.\n* Aligns consideration with future performance: The Transaction combines\nlimited upfront cash consideration, Common Shares issued at a deemed price of\nC$0.23 per Common Share, and deferred consideration tied to REVS achieving\nfuture gross profit milestones.\n* Supports a broader M&A strategy: Hypercharge will continue to pursue\nadditional acquisition opportunities that could expand its geographic\npresence, recurring revenue, and owned-and-operated charging portfolio across\nNorth America.\nIn connection with closing, David Aaronson, Founder and CEO of REVS and its\naffiliated operating businesses, will join the Company as President of\nHypercharge Networks Inc., Hypercharge's U.S. subsidiary.\n\n\"This is an important step in Hypercharge's growth strategy. REVS gives\nHypercharge an established operating business in the United States. It also\nexpands our recurring revenue base and accelerates our shift toward owning and\noperating EV charging infrastructure.\n\n“As a Canadian company, we've had to navigate changing trade policies and\ntariffs. Having operations on the ground in the U.S. gives us more flexibility\nin how we serve customers, build partnerships, and source equipment. By\ncombining REVS' experience owning and operating charging infrastructure with\nHypercharge's technology, purchasing power, and operational capabilities, we\nhave a strong foundation to grow across the U.S. market.\n\n“We've been very deliberate about where we invest our capital and how we\ngrow the business. The structure of this transaction reflects that approach,\nwith limited upfront cash, Common Shares issued at a deemed price of C$0.23\nper Common Share, and additional consideration tied to REVS achieving future\ngross profit milestones. REVS' commitment to preferring Common Shares over\nupfront cash demonstrates their confidence in the value of Hypercharge and\nwhat we can build together. By taking a significant portion of the purchase\nprice in Common Shares, REVS shareholders will participate in the future of\nthe combined business alongside our existing shareholders.\n\n“The Transaction builds on the acquisition of Eddie, which we completed\nearlier this year. We intend to look for other acquisition opportunities that\nexpand our geographic presence, grow our recurring revenue, and strengthen our\nability to own and operate charging infrastructure across North America. We're\nexcited to welcome David Aaronson and the REVS team to Hypercharge and look\nforward to building on what they've established,\" said David Bibby, President\nand CEO of Hypercharge.\n\n\"This transaction with Hypercharge marks an important milestone for REVS. By\ncombining our U.S. operating experience and owned charging portfolio with\nHypercharge's technology, purchasing power, and operational capabilities, we\nbelieve we can accelerate growth and build a stronger North American charging\nplatform,\" said David Aaronson, Founder and CEO of REVS.\n\nExisting REVS customers can expect uninterrupted service. During the\ntransition period, Hypercharge and REVS will work together to support a\nseamless customer experience and will share updates with customers as the\nintegration advances.\n\nFMI Capital Advisory Inc. (FMICA) acted as the exclusive financial advisor to\nHypercharge Networks Corp. in its acquisition of REVS Charging LLC.\n\nThe parties expect the Transaction to close October 1, 2026, subject to the\nsatisfaction of customary closing conditions and receiving the requisite TSX-V\napprovals.\n\nMarketing Update\n\nHypercharge has engaged Toronto-based Anchor Point Advisory Services Inc.\n(“Anchor Point”) to provide investor relations advisory services. Anchor\nPoint will assist the Company with its investor relations strategy,\ncommunications with the investment community and investor meetings. Under the\nterms of the engagement agreement (the “Agreement”), the Company will pay\nAnchor Point CAD$3,500 per month for an initial term of six (6) months,\ncontinuing thereafter on a month-to-month basis unless terminated. In\naddition, and subject to the approval of the Company’s board of directors,\nthe Company will grant Anchor Point 200,000 incentive stock options\nexercisable at a price of $0.09 per share for a period of 3 years, vesting in\nequal tranches every six months over a two-year period. Anchor Point and its\nprincipals currently hold no securities of the Company and have no present\nintention to acquire securities of the Company and are arm’s length to the\nCompany. The Agreement is subject to the acceptance of the TSX Venture\nExchange.\n\nAbout REVS\nRefuel Electric Vehicle Solutions (REVS) is a full-service electric vehicle\n(EV) charging company providing turnkey Level 2 charging solutions for\nmultifamily, condominium, hospitality, and commercial properties across the\nUnited States. With expertise in commercial real estate and EV infrastructure,\nREVS helps property owners, managers, and developers plan, finance, install,\noperate, and manage charging stations, including deployment opportunities with\nno upfront capital investment. Learn more: https://www.refuelevs.com/.\n\nAbout Hypercharge\nHypercharge Networks Corp.\n(https://www.globenewswire.com/Tracker?data=m-fTZsYM4ExC9dZajLtVN_Kkz2JM0SuAe9AlGwAnsqZl3qNF94PbNvt3xFu8Qqw0x9HTf4GAe3NL3WsTGomCn11r8pGt2lNROgpoUARW5vY=)\n(TSXV: HC\n(https://www.globenewswire.com/Tracker?data=2MZrhddFGZC8ZzAKQVfhVFRWFxBYomokNfZeY2UI3BdWY_-bAO1yW7g38c5Mw0IxWz0kxi3wkY_NOMOfcZveMqhMOY2tJLqymVSZhFgG9tk=);\nOTC: HCNWF\n(https://www.globenewswire.com/Tracker?data=iLQ3pen8iyG26Ukv3DT0ikIvcIqG9QBSGaIOJNuTKRc6LytrbqQyvQdqFWKnFd55wzUiIzN5M5jfgl8_B1fGWmVEgBcv9oXjRPEcF7uWYIWPyNVU6rFuEr6Mjes0Yzzp);\nFSE: PB7\n(https://www.globenewswire.com/Tracker?data=X-Zlt-PWEm1sAD9GOG3zsMR-YT4E9HVYGIQ5zjUI0hLOSDSafEjSUHOFWoj6yAbORRjCh0xzU0opGHyKMXOET0UlwsL4pxnaz-6yrXaxPSX7h1SttdRNvbCVY3zVoR0zpyMGOvlK6jsVn5rWIyW5JQ==))\nis a leading provider of smart electric vehicle (EV) charging solutions for\nresidential and commercial buildings, fleet operations, and other rapidly\ngrowing sectors. Driven by its mission to accelerate EV adoption and enable\nthe shift towards a carbon neutral economy, Hypercharge is committed to\noffering seamless, simple solutions, including industry-leading hardware,\ninnovative and integrated software, and comprehensive services, backed by a\nrobust network of public and private charging stations. Learn more:\nhttps://hypercharge.com/.\n\nAbout FMI Capital Advisory Inc.\nFMI Capital Advisory is a leading Toronto-based independent investment bank\nfocused on corporate finance and providing capital markets advisory services. \nwww.fmicap.com | +1 (416) 777-7300\n\nOn behalf of the Company,\nHypercharge Networks Corp.\nDavid Bibby, President & CEO\n\nContact\nMedia & Investor Relations:\nKyle Kingsnorth, Head of Marketing\nkyle.kingsnorth@hypercharge.com | +1 (888) 320-2633\n\nForward-Looking Statements\n\nThis news release contains forward-looking statements and forward-looking\ninformation (collectively, \"forward-looking statements\") within the meaning of\napplicable securities laws. Statements in this news release that are not\nstatements of historical fact may be forward-looking statements. More\nparticularly and without limitation, this news release contains\nforward-looking statements regarding the expected closing date and completion\nof the Transaction; receipt of TSXV approval and satisfaction of closing\nconditions; the expected appointment and role of David Aaronson; the\nanticipated benefits of the Transaction, including the establishment and\nexpansion of Hypercharge's U.S. operations, growth in recurring revenue and\nports sold, owned, or deployed, operating efficiencies, local sourcing and\npartnerships, and expansion of the owned-and-operated charging model; the\nintegration of REVS; REVS' future gross profit performance and any related\ndeferred consideration; and Hypercharge's plans to pursue additional\nacquisitions and expand across North America. Forward-looking statements are\noften identified by terms such as \"may\", \"could\", \"should\", \"anticipate\",\n\"will\", \"estimates\", \"believes\", \"intends\", \"expects\", \"plans\", and similar\nexpressions. Forward-looking statements are inherently uncertain and are based\non management's current expectations, estimates, assumptions, and beliefs,\nwhich may prove to be incorrect. Actual results may differ materially due to\nknown and unknown risks, uncertainties, and other factors, many of which are\nbeyond the Company's control, including, among others: the risk that the\nTransaction does not close on the anticipated timeline or at all, including as\na result of a failure to obtain TSXV acceptance or satisfy closing conditions;\nrisks relating to the integration of REVS and the retention of its key\npersonnel and customers; the risk that REVS does not achieve the gross profit\nmilestones; fluctuations in foreign exchange rates; changes in U.S. and\nCanadian trade policies, tariffs, and government incentives for EV charging\ninfrastructure; dilution to existing shareholders resulting from the issuance\nof Common Shares; and the other risk factors described in the Company's\ncontinuous disclosure documents available under its profile on SEDAR+ at\nwww.sedarplus.ca. Readers are cautioned not to place undue reliance on\nforward-looking statements.\n\nThe forward-looking statements contained in this news release are made as of\nthe date of this news release, and are expressly qualified by the foregoing\ncautionary statement. Except as expressly required by applicable securities\nlaw, the Company undertakes no obligation to update publicly or to revise any\nof the included forward-looking statements, whether as a result of new\ninformation, future events or otherwise.\n\nNeither the TSXV nor its Regulation Services Provider (as that term is defined\nin the policies of the TSXV) accepts responsibility for the adequacy or\naccuracy of this news release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/9510d6be-bb00-4cce-b570-5f86f4fba0e8)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9qHrZ3-20260929","title":"Hypercharge to Acquire REVS Charging, Establishing U.S. Operating Platform and Expanding Charging and Services Revenue","author":"Globe Newswire","ticker":"HC","created":"2026-09-29T11:30:00.509Z","tickers":["HC"],"exchange":"","article_body":"VANCOUVER, British Columbia, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Hypercharge\nNetworks Corp. (TSXV: HC; OTC: HCNWF; FSE: PB7) (the \"Company\" or\n\"Hypercharge\"), a leading EV charging operator, is pleased to announce that it\nhas entered into a definitive agreement (the \"Definitive Agreement\"), signed\nSeptember 28, 2026, to acquire 100% of the equity interests of REVS Charging\nLLC (\"REVS\"), a Texas-based provider of electric vehicle charging solutions\n(the \"Transaction\"). The Transaction is expected to close on October 1, 2026,\nsubject to customary closing conditions and receipt of the requisite TSX\nVenture Exchange (the \"TSXV\") approval.\n\nThe Transaction marks an important step in Hypercharge's North American growth\nstrategy by establishing on the ground operations in the United States which\nwill complement the Company’s existing charging network in 14 states today,\nexpanding the Company's portfolio of owned and operated charging\ninfrastructure, and increasing its recurring services and subscription\nrevenue.\n\nTransaction Structure and Consideration\n\nThe Transaction values REVS on an enterprise basis up to US$4,750,000 (the\n\"Purchase Price\"), subject to customary closing adjustments for working\ncapital, indebtedness and transaction expenses. The Purchase Price is payable\nas follows:\n* Closing share consideration: US$3,000,000 (63% of the Purchase Price),\npayable in common shares of Hypercharge (the \"Common Shares\") at closing, to\nbe issued at a deemed price of C$0.23 per Common Share and subject to a\nsix-month lock-up;\n* Closing cash consideration: US$500,000 (11% of the Purchase Price), payable\nin cash at closing;\n* Deferred consideration: up to US$1,250,000 (26% of the Purchase Price),\npayable in Common Shares over three annual tranches contingent on REVS meeting\ngross profit performance milestones of US$850,000 in year 1, US$1,200,000 in\nyear 2, and US$2,000,000 in year 3. The Common Shares issuable as deferred\nconsideration will be priced based on the 20-day volume-weighted average\ntrading price of the Common Shares as of the applicable issuance date, subject\nto a floor price of C$0.23 per Common Share and a ceiling price of C$0.50 per\nCommon Share.\nAs part of the Transaction, the Company provided REVS with an interim secured\nloan of US$200,000 (the \"Loan\") during the exclusivity period under the letter\nof intent, signed May 27, 2026, to support REVS' ongoing operations. Upon\nclosing of the Transaction, the Loan, together with certain capital\nexpenditure advances made to REVS, and accrued interest shall be extinguished\nand treated as an equity investment by the Company.\n\nNo finder's fee are payable and there are no relationships with any non-arm's\nlength parties pursuant to the Transaction or the Loan.\n\nStrategic and Investment Highlights\n* Establishes a U.S. operating platform: REVS provides Hypercharge with an\nestablished U.S. business, customer relationships, local operating\ncapabilities, and a foundation for further expansion across North America.\n* Expands recurring revenue: REVS generates more than C$1 million in annual\ncharging and services revenue, at a gross margin of >45%, increasing\nHypercharge's recurring revenue base.\n* Accelerates the owned-and-operated strategy: REVS brings a portfolio of more\nthan 500 owned Level 2 charging ports, together with approximately 700\nadditional customer-owned charging ports deployed across the United States,\nbringing Hypercharge's network to over 10,000 sold or owned charging ports\nacross North America.\n* Increases flexibility in the U.S. market: An established U.S. operation will\nallow Hypercharge to serve customers, build local partnerships, and develop\nsourcing and supplier relationships with greater flexibility amid changing\ntrade policies and tariffs.\n* Aligns consideration with future performance: The Transaction combines\nlimited upfront cash consideration, Common Shares issued at a deemed price of\nC$0.23 per Common Share, and deferred consideration tied to REVS achieving\nfuture gross profit milestones.\n* Supports a broader M&A strategy: Hypercharge will continue to pursue\nadditional acquisition opportunities that could expand its geographic\npresence, recurring revenue, and owned-and-operated charging portfolio across\nNorth America.\nIn connection with closing, David Aaronson, Founder and CEO of REVS and its\naffiliated operating businesses, will join the Company as President of\nHypercharge Networks Inc., Hypercharge's U.S. subsidiary.\n\n\"This is an important step in Hypercharge's growth strategy. REVS gives\nHypercharge an established operating business in the United States. It also\nexpands our recurring revenue base and accelerates our shift toward owning and\noperating EV charging infrastructure.\n\n“As a Canadian company, we've had to navigate changing trade policies and\ntariffs. Having operations on the ground in the U.S. gives us more flexibility\nin how we serve customers, build partnerships, and source equipment. By\ncombining REVS' experience owning and operating charging infrastructure with\nHypercharge's technology, purchasing power, and operational capabilities, we\nhave a strong foundation to grow across the U.S. market.\n\n“We've been very deliberate about where we invest our capital and how we\ngrow the business. The structure of this transaction reflects that approach,\nwith limited upfront cash, Common Shares issued at a deemed price of C$0.23\nper Common Share, and additional consideration tied to REVS achieving future\ngross profit milestones. REVS' commitment to preferring Common Shares over\nupfront cash demonstrates their confidence in the value of Hypercharge and\nwhat we can build together. By taking a significant portion of the purchase\nprice in Common Shares, REVS shareholders will participate in the future of\nthe combined business alongside our existing shareholders.\n\n“The Transaction builds on the acquisition of Eddie, which we completed\nearlier this year. We intend to look for other acquisition opportunities that\nexpand our geographic presence, grow our recurring revenue, and strengthen our\nability to own and operate charging infrastructure across North America. We're\nexcited to welcome David Aaronson and the REVS team to Hypercharge and look\nforward to building on what they've established,\" said David Bibby, President\nand CEO of Hypercharge.\n\n\"This transaction with Hypercharge marks an important milestone for REVS. By\ncombining our U.S. operating experience and owned charging portfolio with\nHypercharge's technology, purchasing power, and operational capabilities, we\nbelieve we can accelerate growth and build a stronger North American charging\nplatform,\" said David Aaronson, Founder and CEO of REVS.\n\nExisting REVS customers can expect uninterrupted service. During the\ntransition period, Hypercharge and REVS will work together to support a\nseamless customer experience and will share updates with customers as the\nintegration advances.\n\nFMI Capital Advisory Inc. (FMICA) acted as the exclusive financial advisor to\nHypercharge Networks Corp. in its acquisition of REVS Charging LLC.\n\nThe parties expect the Transaction to close October 1, 2026, subject to the\nsatisfaction of customary closing conditions and receiving the requisite TSX-V\napprovals.\n\nMarketing Update\n\nHypercharge has engaged Toronto-based Anchor Point Advisory Services Inc.\n(“Anchor Point”) to provide investor relations advisory services. Anchor\nPoint will assist the Company with its investor relations strategy,\ncommunications with the investment community and investor meetings. Under the\nterms of the engagement agreement (the “Agreement”), the Company will pay\nAnchor Point CAD$3,500 per month for an initial term of six (6) months,\ncontinuing thereafter on a month-to-month basis unless terminated. In\naddition, and subject to the approval of the Company’s board of directors,\nthe Company will grant Anchor Point 200,000 incentive stock options\nexercisable at a price of $0.09 per share for a period of 3 years, vesting in\nequal tranches every six months over a two-year period. Anchor Point and its\nprincipals currently hold no securities of the Company and have no present\nintention to acquire securities of the Company and are arm’s length to the\nCompany. The Agreement is subject to the acceptance of the TSX Venture\nExchange.\n\nAbout REVS\nRefuel Electric Vehicle Solutions (REVS) is a full-service electric vehicle\n(EV) charging company providing turnkey Level 2 charging solutions for\nmultifamily, condominium, hospitality, and commercial properties across the\nUnited States. With expertise in commercial real estate and EV infrastructure,\nREVS helps property owners, managers, and developers plan, finance, install,\noperate, and manage charging stations, including deployment opportunities with\nno upfront capital investment. Learn more: https://www.refuelevs.com/.\n\nAbout Hypercharge\nHypercharge Networks Corp.\n(https://www.globenewswire.com/Tracker?data=m-fTZsYM4ExC9dZajLtVN_Kkz2JM0SuAe9AlGwAnsqZl3qNF94PbNvt3xFu8Qqw0x9HTf4GAe3NL3WsTGomCn11r8pGt2lNROgpoUARW5vY=)\n(TSXV: HC\n(https://www.globenewswire.com/Tracker?data=2MZrhddFGZC8ZzAKQVfhVFRWFxBYomokNfZeY2UI3BdWY_-bAO1yW7g38c5Mw0IxWz0kxi3wkY_NOMOfcZveMqhMOY2tJLqymVSZhFgG9tk=);\nOTC: HCNWF\n(https://www.globenewswire.com/Tracker?data=iLQ3pen8iyG26Ukv3DT0ikIvcIqG9QBSGaIOJNuTKRc6LytrbqQyvQdqFWKnFd55wzUiIzN5M5jfgl8_B1fGWmVEgBcv9oXjRPEcF7uWYIWPyNVU6rFuEr6Mjes0Yzzp);\nFSE: PB7\n(https://www.globenewswire.com/Tracker?data=X-Zlt-PWEm1sAD9GOG3zsMR-YT4E9HVYGIQ5zjUI0hLOSDSafEjSUHOFWoj6yAbORRjCh0xzU0opGHyKMXOET0UlwsL4pxnaz-6yrXaxPSX7h1SttdRNvbCVY3zVoR0zpyMGOvlK6jsVn5rWIyW5JQ==))\nis a leading provider of smart electric vehicle (EV) charging solutions for\nresidential and commercial buildings, fleet operations, and other rapidly\ngrowing sectors. Driven by its mission to accelerate EV adoption and enable\nthe shift towards a carbon neutral economy, Hypercharge is committed to\noffering seamless, simple solutions, including industry-leading hardware,\ninnovative and integrated software, and comprehensive services, backed by a\nrobust network of public and private charging stations. Learn more:\nhttps://hypercharge.com/.\n\nAbout FMI Capital Advisory Inc.\nFMI Capital Advisory is a leading Toronto-based independent investment bank\nfocused on corporate finance and providing capital markets advisory services. \nwww.fmicap.com | +1 (416) 777-7300\n\nOn behalf of the Company,\nHypercharge Networks Corp.\nDavid Bibby, President & CEO\n\nContact\nMedia & Investor Relations:\nKyle Kingsnorth, Head of Marketing\nkyle.kingsnorth@hypercharge.com | +1 (888) 320-2633\n\nForward-Looking Statements\n\nThis news release contains forward-looking statements and forward-looking\ninformation (collectively, \"forward-looking statements\") within the meaning of\napplicable securities laws. Statements in this news release that are not\nstatements of historical fact may be forward-looking statements. More\nparticularly and without limitation, this news release contains\nforward-looking statements regarding the expected closing date and completion\nof the Transaction; receipt of TSXV approval and satisfaction of closing\nconditions; the expected appointment and role of David Aaronson; the\nanticipated benefits of the Transaction, including the establishment and\nexpansion of Hypercharge's U.S. operations, growth in recurring revenue and\nports sold, owned, or deployed, operating efficiencies, local sourcing and\npartnerships, and expansion of the owned-and-operated charging model; the\nintegration of REVS; REVS' future gross profit performance and any related\ndeferred consideration; and Hypercharge's plans to pursue additional\nacquisitions and expand across North America. Forward-looking statements are\noften identified by terms such as \"may\", \"could\", \"should\", \"anticipate\",\n\"will\", \"estimates\", \"believes\", \"intends\", \"expects\", \"plans\", and similar\nexpressions. Forward-looking statements are inherently uncertain and are based\non management's current expectations, estimates, assumptions, and beliefs,\nwhich may prove to be incorrect. Actual results may differ materially due to\nknown and unknown risks, uncertainties, and other factors, many of which are\nbeyond the Company's control, including, among others: the risk that the\nTransaction does not close on the anticipated timeline or at all, including as\na result of a failure to obtain TSXV acceptance or satisfy closing conditions;\nrisks relating to the integration of REVS and the retention of its key\npersonnel and customers; the risk that REVS does not achieve the gross profit\nmilestones; fluctuations in foreign exchange rates; changes in U.S. and\nCanadian trade policies, tariffs, and government incentives for EV charging\ninfrastructure; dilution to existing shareholders resulting from the issuance\nof Common Shares; and the other risk factors described in the Company's\ncontinuous disclosure documents available under its profile on SEDAR+ at\nwww.sedarplus.ca. Readers are cautioned not to place undue reliance on\nforward-looking statements.\n\nThe forward-looking statements contained in this news release are made as of\nthe date of this news release, and are expressly qualified by the foregoing\ncautionary statement. Except as expressly required by applicable securities\nlaw, the Company undertakes no obligation to update publicly or to revise any\nof the included forward-looking statements, whether as a result of new\ninformation, future events or otherwise.\n\nNeither the TSXV nor its Regulation Services Provider (as that term is defined\nin the policies of the TSXV) accepts responsibility for the adequacy or\naccuracy of this news release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/9510d6be-bb00-4cce-b570-5f86f4fba0e8)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-09-29T11:30:02.159652177Z","server_sent_at_ms":1790681402159},"received_at":"2026-09-29T11:30:02.247Z","source_url":null},"analysis":{"id":"143889","press_release_id":"155136","analysis_json":{"industry":{"label":"Electrical Equipment & Heavy Machinery","sector":"Industrials"},"redFlags":["63% of purchase price paid in shares at deemed C$0.23 price -- dilution to existing shareholders","share issuance price C$0.23; deferred consideration priced off 20-day VWAP with C$0.23 floor","REVS milestones are gross-profit targets; failure would reduce consideration but also signals integration/execution risk","small-cap filer adding investor relations engagements alongside M&A"],"eventType":"m_and_a","narrative":"Hypercharge Networks signed a definitive agreement to acquire 100% of Texas-based REVS Charging for up to US$4.75M, with closing expected October 1, 2026 subject to TSXV approval.\n\nConsideration is 63% in Hypercharge shares at a deemed C$0.23, US$500K cash, and up to US$1.25M in deferred shares tied to gross profit milestones of US$850K, US$1.2M and US$2.0M over three years.\n\nREVS brings more than C$1M in annual recurring charging and services revenue at >45% gross margin, 500+ owned Level 2 ports, and roughly 700 customer-owned ports, lifting Hypercharge's network past 10,000 ports and establishing U.S. ground operations.\n\nREVS founder David Aaronson joins as President of Hypercharge's U.S. subsidiary; the company also engaged Anchor Point for investor relations at CAD$3,500 per month plus 200,000 options at $0.09.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Micro-cap EV charging rollup: Hypercharge buys its way into U.S. operations with mostly stock, tying 26% of the price to gross-profit milestones."},"keyFigures":{"dealValueUsd":4750000,"customDimensions":{"interim_loan":200000,"expected_close":"October 1, 2026","purchase_price":"US$4,750,000","revs_gross_margin":">45%","deemed_share_price":"C$0.23","owned_level2_ports":"more than 500","network_ports_total":"over 10,000","revs_annual_revenue":"more than C$1 million","customer_owned_ports":"approximately 700","gross_profit_milestones":["US$850,000 year 1","US$1,200,000 year 2","US$2,000,000 year 3"],"closing_cash_consideration":500000,"deferred_consideration_max":1250000,"closing_share_consideration":3000000}},"quotedText":"This is an important step in Hypercharge's growth strategy. REVS gives Hypercharge an established operating business in the United States.","namedEntities":{"people":[{"name":"David Bibby","role":"President and CEO of Hypercharge"},{"name":"David Aaronson","role":"Founder and CEO of REVS; incoming President of Hypercharge Networks Inc."},{"name":"Kyle Kingsnorth","role":"Head of Marketing, Hypercharge"}],"products":["Level 2 charging ports","EV charging solutions"],"companies":[{"name":"Hypercharge Networks Corp.","ticker":"HC","relationship":"acquirer"},{"name":"REVS Charging LLC (Refuel Electric Vehicle Solutions)","relationship":"target"},{"name":"FMI Capital Advisory Inc.","relationship":"financial advisor"},{"name":"Anchor Point Advisory Services Inc.","relationship":"investor relations advisor"},{"name":"TSX Venture Exchange","relationship":"regulator"}],"dollarAmounts":[{"amount":"US$4,750,000","context":"Purchase Price for REVS (enterprise basis)"},{"amount":"US$3,000,000","context":"closing share consideration"},{"amount":"US$500,000","context":"closing cash consideration"},{"amount":"US$1,250,000","context":"deferred consideration tied to gross profit milestones"},{"amount":"US$200,000","context":"interim secured loan to REVS"},{"amount":"C$1 million","context":"REVS annual charging and services revenue"},{"amount":"CAD$3,500","context":"monthly Anchor Point IR fee"}]},"materialImpact":{"score":3,"reasoning":"Definitive agreement to acquire 100% of REVS Charging for up to US$4.75M, establishing a U.S. operating platform and adding C$1M+ in recurring charging/services revenue at >45% gross margin. Deal value is small, but it materially advances the filer's U.S. growth and owned-and-operated strategy; 63% of consideration is in stock, creating some dilution."},"tickerRelevance":{"others":[],"primary":"HC"},"globalImportance":22,"audienceRelevance":18,"eventTypeSecondary":["executive_change"],"importanceComponents":{"tickerTier":"micro-cap TSXV","eventGravity":"small acquisition ($4.75M)","dilutionComponent":"63% stock consideration at C$0.23","strategicRelevance":"establishes U.S. operating platform, adds recurring revenue"}},"event_type":"m_and_a","event_type_secondary":["executive_change"],"sentiment":"bullish","material_impact_score":3,"narrative":"Hypercharge Networks signed a definitive agreement to acquire 100% of Texas-based REVS Charging for up to US$4.75M, with closing expected October 1, 2026 subject to TSXV approval.\n\nConsideration is 63% in Hypercharge shares at a deemed C$0.23, US$500K cash, and up to US$1.25M in deferred shares tied to gross profit milestones of US$850K, US$1.2M and US$2.0M over three years.\n\nREVS brings more than C$1M in annual recurring charging and services revenue at >45% gross margin, 500+ owned Level 2 ports, and roughly 700 customer-owned ports, lifting Hypercharge's network past 10,000 ports and establishing U.S. ground operations.\n\nREVS founder David Aaronson joins as President of Hypercharge's U.S. subsidiary; the company also engaged Anchor Point for investor relations at CAD$3,500 per month plus 200,000 options at $0.09.","key_figures":{"dealValueUsd":4750000,"customDimensions":{"interim_loan":200000,"expected_close":"October 1, 2026","purchase_price":"US$4,750,000","revs_gross_margin":">45%","deemed_share_price":"C$0.23","owned_level2_ports":"more than 500","network_ports_total":"over 10,000","revs_annual_revenue":"more than C$1 million","customer_owned_ports":"approximately 700","gross_profit_milestones":["US$850,000 year 1","US$1,200,000 year 2","US$2,000,000 year 3"],"closing_cash_consideration":500000,"deferred_consideration_max":1250000,"closing_share_consideration":3000000}},"named_entities":{"people":[{"name":"David Bibby","role":"President and CEO of Hypercharge"},{"name":"David Aaronson","role":"Founder and CEO of REVS; incoming President of Hypercharge Networks Inc."},{"name":"Kyle Kingsnorth","role":"Head of Marketing, Hypercharge"}],"products":["Level 2 charging ports","EV charging solutions"],"companies":[{"name":"Hypercharge Networks Corp.","ticker":"HC","relationship":"acquirer"},{"name":"REVS Charging LLC (Refuel Electric Vehicle Solutions)","relationship":"target"},{"name":"FMI Capital Advisory Inc.","relationship":"financial advisor"},{"name":"Anchor Point Advisory Services Inc.","relationship":"investor relations advisor"},{"name":"TSX Venture Exchange","relationship":"regulator"}],"dollarAmounts":[{"amount":"US$4,750,000","context":"Purchase Price for REVS (enterprise basis)"},{"amount":"US$3,000,000","context":"closing share consideration"},{"amount":"US$500,000","context":"closing cash consideration"},{"amount":"US$1,250,000","context":"deferred consideration tied to gross profit milestones"},{"amount":"US$200,000","context":"interim secured loan to REVS"},{"amount":"C$1 million","context":"REVS annual charging and services revenue"},{"amount":"CAD$3,500","context":"monthly Anchor Point IR fee"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-29T11:30:17.758Z","global_importance":22,"audience_relevance":18,"importance_components":{"tickerTier":"micro-cap TSXV","eventGravity":"small acquisition ($4.75M)","dilutionComponent":"63% stock consideration at C$0.23","strategicRelevance":"establishes U.S. operating platform, adds recurring revenue"}},"durationMs":9584,"modelName":"glm-5.3-flashx"}}