Edgewater Wireless Secures C$90,000 Loan Facility

Ottawa, Canada — April 20, 2026 — Leads & Copy —

Edgewater Wireless Systems Inc. (TSXV: YFI) (OTC: KPIFF) has secured a C$90,000 loan facility with Brian Imrie, a director of the company. The announcement was made on April 20, 2026.

The loan bears interest at 12% per annum, compounded monthly. It will mature on Feb. 13, 2027, or five business days after the company receives its anticipated HST refund claim, whichever comes first. Edgewater Wireless can prepay the facility at any time without incurring penalties.

The anticipated HST refund proceeds will secure the loan, supporting Edgewater Wireless’ strategy to manage government-related receivables. The company anticipates the financing will provide short-term flexibility as it advances its operational and corporate objectives.

The board of directors approved the loan, with the interested director abstaining from related discussions and voting.

According to TSX Venture Exchange Policy 5.9 and Multilateral Instrument 61-101, this transaction is a related party transaction. However, Edgewater Wireless is relying on exemptions from formal valuation and minority approval requirements of MI 61-101. The fair market value of the transaction does not exceed 25% of the company’s market capitalization.

The loan facility is subject to TSX Venture Exchange policies.

Edgewater Wireless delivers Wi-Fi quality of service by mitigating congestion, allocating spectrum in real time, and optimizing channel and link density. This approach aims to provide tangible benefits for service providers and customers, including reduced churn, improved efficiency, and reliable connectivity in high-density environments.

Edgewater’s AI-powered Wi-Fi Spectrum Slicing platform, delivered through the PrismIQ product family, overcomes the limitations of legacy Wi-Fi by enabling multiple concurrent channels within a single band. PrismIQ powers Edgewater’s Wi-Fi 8-ready solution set, designed for ultra-high reliability and predictable performance at scale across residential, enterprise, and Industrial IoT deployments, delivering 10x performance and up to 50% lower latency, even for legacy devices.

Edgewater Wireless has 26 granted patents and three AI-related patents pending. The company operates a capital-efficient fabless model. Edgewater is a Silicon Catalyst portfolio company.

Source: Edgewater Wireless