Ackroo to Hold Annual and Special Meeting for the Sale of Ackroo to Paystone on February 24, 2025

HAMILTON, Ontario, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company” or “Ackroo”), a gift card, loyalty marketing, payments and point-of-sale technology consolidator and services provider, is pleased to announce its annual general and special meeting (the “Meeting”) for the shareholders of the Company (the “Shareholders”) to consider and approve the sale of Ackroo to Paystone Inc. (“Paystone”) will take place on February 24, 2025 at 10:00 p.m. (Eastern Time). Since the announcement of signing the arrangement agreement among the Company, Paystone and a subsidiary of Paystone, Atom Growth Inc. dated December 12, 2024 (as may be amended, supplemented or otherwise modified from time to time, the “Arrangement Agreement”) (please see news release dated December 13, 2024), Paystone has secured a formal commitment letter for financing through its banking partners and, in turn, Ackroo has sent out the management information circular dated January 24, 2025 (the “Circular”), and related materials, to the Shareholders with full details pertaining to the Arrangement (as defined below), as well as other matters to be considered at the Meeting. The Meeting will be held in-person at 1250 South Service Road, Unit A3-1 (3^rd Floor), Stoney Creek, Ontario, Canada. Management will be available to answer questions regarding the ongoing business of the Company, and interested Shareholders are invited to attend.

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