Abaxx Files Early Warning Report with Respect to Base Carbon

Abaxx Files Early Warning Report with Respect to Base Carbon

At the time of filing its audited consolidated financial statements for the fiscal year 2024, Abaxx held 19,339,630 common shares of Base. Immediately prior to the Acquisition, Abaxx held 15,639,630 common shares of Base, representing 14.32% of the outstanding common shares of Base on an undiluted basis. Immediately after the Acquisition, Abaxx held 19,339,630 common shares of Base, representing 17.7% of the outstanding common shares of Base on an undiluted basis. As a result of the Acquisition and certain issuer events of Base, Abaxx’s ownership of Base has increased by more than 2% since the filing of its last early warning report.

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