PeakBirch Commerce Inc. (CNSX:PKB) entered into a letter of intent to acquire Vaped Canada from Kiaro Holdings Corp. (TSXV:KO) for CAD 0.25 million on January 11, 2023. As of February 23, 2023, PeakBirch Commerce entered into definitive agreement to acquire Vaped Canada. Closing of the VAPED Transaction is subject to the negotiation and execution of definitive agreements with respect thereto within sixty calendar days of the date of the VAPED LOI, the receipt of all necessary regulatory approvals including, but not limited to, TSX Venture Exchange approval, the satisfactory completion of due diligence, and the satisfaction of certain other closing conditions customary in transactions of this nature. The closing of the transaction is subject to Kiaro shareholder approval. The expected closing date is June 30, 2023.

PeakBirch Commerce Inc. (CNSX:PKB) completed the acquisition of Vaped Canada from Kiaro Holdings Corp. (TSXV:KO) on December 20, 2023.