Uniserve Communications Corporation (TSXV: USS), a Canadian provider of managed IT, ISP, cloud, and data centre services, announced today that it will not meet the filing deadline for its business acquisition report (BAR) and associated financial statements related to its acquisition of Megawire Inc. The BAR is required under National Instrument 51-102 – Continuous Disclosure Obligations within a 75-day period following the acquisition. Uniserve expects to make the required filings by no later than June 30, 2026.
The delay stems from the need to prepare audited financial statements for inclusion in the BAR. Megawire, along with other entities involved in the transaction—Brimax Financial Services Inc. and Waterloo Wireless Inc.—are private companies that have not previously prepared or filed audited financial statements. Uniserve is working diligently with its selected auditor to complete the necessary audits.
In the interim, the Company has imposed a management trading blackout pending the filing of the required documents. Uniserve confirms it is current in all other continuous disclosure filings and will provide updates as required under applicable securities laws.
The acquisition of Megawire, originally announced on December 23, 2025, is considered a strategic move to expand Uniserve's capabilities and geographic reach in delivering managed IT, connectivity, and digital infrastructure solutions across Canada. For further details on the transaction, refer to the earlier news release at newmediawire.com.
Uniserve operates offices in Vancouver, Calgary, and Waterloo, offering services across data centre solutions, managed IT services, and business internet. More information is available at uniserve.com and on SEDAR+ at sedarplus.ca.
This news release contains forward-looking statements based on management's estimates and assumptions. Actual results may differ materially due to various factors. Neither TSX Venture Exchange nor its Regulations Services Provider accepts responsibility for the adequacy or accuracy of this release.
