Mode Mobile buys JibJab Catapult in deal valued up to USD 29.5 million

• Mode Mobile completed the acquisition of JibJab Catapult on Aug. 20, 2026, bringing the JibJab digital greeting and media app platform in-house.
• Deal consideration totals up to USD 29.5 million, including USD 15.5 million cash at closing, subject to working-capital and cash adjustments.
• Sellers also received 23,076,923 Class AAA common shares valued at USD 0.52 each, or about USD 12 million in aggregate.
• An additional USD 2 million cash holdback supports indemnification claims, with payment due 12 months post-close, net of any claims.

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. Mode Mobile Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-040222), on August 26, 2026, and is solely responsible for the information contained therein.