Cora Capital to Acquire Tiger Financial in Reverse Takeover, Eyes CSE Listing

VANCOUVER, BC — August 19, 2025 — Leads & Copy — Cora Capital Corp. and Tiger Financial Corporation have announced a non-binding letter of intent for Cora to acquire all of Tiger's securities in a reverse takeover. Cora intends to list the Resulting Issuer's common shares on the Canadian Securities Exchange (CSE), pending approval.

Tiger, a fintech company led by Ben Aissa, provides AI-powered digital banking, payments, and lending solutions for small businesses in Southeast Asia through its subsidiary, Vietpay Technology Company Corporation. The transaction involves Cora acquiring Tiger's securities, making Tiger a wholly-owned subsidiary of Cora. Tiger shareholders will receive 28,500,000 common shares of Cora, representing 54.7% of the issued and outstanding shares.

Cora plans a private placement financing to issue 4,600,000 common shares at C$0.25 each, aiming to raise C$1.15 million. Tiger Shareholders are expected to subscribe for C$150,000 of the Bridge Shares with Cora raising the remaining C$1,000,000. Additionally, Cora intends to loan Tiger US$750,000 via a secured loan for working capital and business growth, which is expected to be forgiven after the transaction closes.

A concurrent private placement of 6,600,000 special warrants at C$0.50 each is planned, converting into units comprised of one common share of Cora and one-half of one warrant. Each whole warrant is exercisable for one Resulting Issuer Share at C$1.25 per share for 24 months after closing. Net proceeds will fund the transaction and Tiger's business plan.

Tiger Shareholders may also receive additional Resulting Issuer Shares based on achieving certain revenue and merchant milestones. The transaction is subject to regulatory and shareholder approvals, completion of financing, and other conditions. Upon closing, Cora will change its name to "Tiger Financial Corporation."

Directors of the Resulting Issuer are expected to be: (i) Nebil (Ben) Aissa, CEO and Chairman; (ii) Robert Kiesman, Lead Independent Director, a nominee of Cora; (iii) one additional nominee who will be nominated by Cora; and (iv) two nominees of Tiger who will serve as independent directors.

Robert Kiesman, CEO of Cora, and Ben Aissa, CEO of Tiger Financial, expressed enthusiasm about the transaction and its potential to drive growth and innovation in the payments processing industry.

Contacts:

Robert Kiesman, CEO of Cora, Phone: (778) 840-5553, Email: robert@vancouvercorporate.ca

Nebil (Ben) Aissa, CEO of Tiger, Phone: (312) 804-1936, Email: ben.aissa@tigerfinancial.com

Source: Tiger Financial Corporation