GrocerIQ Holdings Inc (GRIQ)

[thecryptomarket]

Note 6. SETTLEMENT Filings and Disclosure
OTC Disclosure & News Service

https://www.otcmarkets.com/stock/GRIQ/disclosure

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Publish Date Title Period End Date
02/19/2026 Quarterly Report 12/31/2025



Note 6. SETTLEMENT
In September 2025, the Company determined that the acquisition of Virtual Health Holdings, Inc. by the
Company for 7 million common shares of the Company, plus additional shares, representing rounding up,
should be rescinded for failure to meet an express condition subsequent. The acquisition agreement closed
with an outstanding obligation of VHHI to complete and deliver a PCAOB qualified audit of VHHI and its
subsidiaries for the calendar years 2023 and 2024 within 6 months of closing which was not done. The
Company has severed its relationship with VHHI, which continues to operate as an independent,
unrelated company and is currently owned by the Vezbi Interim Trust. Subsequently, the Company and the principals of Virtual Health Holdings, Inc. have agreed to a mutual settlement and release agreement under
which the former shareholders of VHHI, who received the 7 million shares of the Company in the acquisition,
would be granted an option to either accept the VHHI shares exchanged in the acquisition, or retain the
shares of the Company received in that transaction, and release any and all claims against the other parties.
The former VHHI shareholders have 30 days from the signing of the settlement to make that choice and
the 30 days commenced on February 17. 2026.