Purebread Brands signs LOI to acquire Caffè Artigiano in share deal valued at $7.7 million

• Purebread Brands plans to acquire Caffè Artigiano’s Canadian café business, including corporate operations and its franchise network.
• Combined platform would span 27 locations, including 16 company-operated sites and 11 franchised units; 7 more Artigiano locations are in development.
• Vendors would receive Purebread common shares equal to 49.0% of the post-closing share count, priced at $0.125 each.
• Purebread expects to issue about 61,578,491 shares, implying an aggregate transaction value of about $7.7 million.
• Up to $4 million of intercompany debt would remain at the target, to be repaid through IP-related payments; target’s ~ $1.7 million RBC facilities stay.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Purebread Brands Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202610092021NEWSFILECNPR____20261009_318488_1) on October 10, 2026, and is solely responsible for the information contained therein.