Intellistake and PowerBank Collaboration Overview

Key Points

• The relationship between Intellistake and PowerBank is centered on the transformation of traditional energy systems into a tokenized product.
• Currently, both companies are analyzing the regulatory framework for tokenization.

Intellistake Technologies Corp. (CSE: ISTK) (OTC: ISTKF) (FSE: E41) — known as “Intellistake,” announces its collaboration with PowerBank Corporation (“PowerBank”), focusing on tokenized finance, digital assets, and energy.

Company Profiles

• PowerBank (Nasdaq: SUUN): A leader in renewable energy infrastructure.
• Intellistake: A technology firm linking traditional financial markets with decentralized AI and blockchain.

Objectives of the Collaboration

1. Digital Asset Treasury Program: Both companies plan to accumulate and hold Bitcoin and other digital assets, including FET Token, as a move towards decentralized finance.
2. Treasury Management of Bitcoin: Intellistake will manage Bitcoin operations for both entities, handling security, custody, and treasury management.
3. Tokenization of Real-World Assets (RWA): Analysis is ongoing to potentially tokenize PowerBank’s clean energy assets or shares for innovative investments and financing.

Statements from CEOs

• Jason Dussault (Intellistake): “Tokenization is no longer a concept—it’s an inevitability. Our combined expertise is unlocking new opportunities in capital management and assets.”
• Richard Lu (PowerBank): “This partnership sets the pace for transforming capital management as we bridge traditional energy with digital economy demands.”

Regulatory Considerations

Both companies are assessing the necessary regulatory framework for tokenization, ensuring adherence to laws and agreements related to PowerBank assets. The specifics of the tokenization process and assets involved are yet to be determined.

Current Status of Intellistake

Intellistake has recently undergone changes to its business strategy but has not yet initiated validator and staking activities nor acquired digital assets. It aims to implement its business plan as detailed in the Listing Statement filed with the Canadian Securities Exchange.

Investment Risks

Investors should be aware of inherent risks such as regulatory developments, digital asset volatility, and Intellistake’s status as a start-up with limited financing access. For detailed risk factors, refer to the “Cautionary Note Regarding Forward-Looking Information” in the Listing Statement.

Future Actions

Management will oversee the timing and allocation for Bitcoin purchases, influenced by market and business conditions, with the potential for the allocation plan to be modified or suspended at any time. No Bitcoin transactions have occurred to date.