Tessera Defense increases MEA Testing Systems stake to 15% in cash-and-stock deal

• Tessera amended an investment agreement to lift its equity stake in M.E.A. Testing Systems to 15% from 10%.
• Consideration set at USD 50,000 cash, 130,000 common shares, and 65,000 additional shares subject to NYSE American clearance.
• Deal includes a convertible loan facility of up to USD 475,000; Tessera may convert into additional MEA equity, subject to exchange approval.
• Tessera also secured an exclusive, perpetual, worldwide license to MEA technology and know-how.
• Exclusive option retained to buy Motomova’s remaining MEA stake at a price tied to MEA’s audited fiscal 2027 results.

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. Tessera Defense and Homeland Security Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609160908PRIMZONEFULLFEED9828193) on September 16, 2026, and is solely responsible for the information contained therein.