Perk Labs Inc. (CNSX:PERK) signed a non-binding letter of intent to acquire Getit Technologies Inc. on December 19, 2022. Perk will change its name and rebrand as "GetIt Local". Ryan Hardy, the Chief Executive Officer of GetIt, will be appointed as Chief Executive Officer, President, or another position of senior management and Jonathan Hoyles will remain with the Company as inhouse legal counsel or another position of senior management. Completing the Transaction on or before February 28, 2023. The transaction is subject to the completion of each company's due diligence to its sole satisfaction, the parties will negotiate and proceed to enter into a definitive agreement outlining the terms and structure of the transaction. The transaction remains subject to approval by the board of directors of each party, stock exchange and regulatory approval. Patrick Power of James Edward Capital Corporation acted as financial advisor to both parties.

Perk Labs Inc. (CNSX:PERK) completed the acquisition of Getit Technologies Inc. for CAD 4.7 million on March 1, 2023. The acquisition was completed by way of a share exchange, pursuant to which the Company issued an equivalent value of CAD 4.655 million in common shares of the Company at a deemed price of CAD 0.025 per share in exchange for all of the issued and outstanding shares of Getit. Steve Cadigan and James Topham have stepped down from the Board of Directors of the Company. Newly appointed to the Board of Directors of the Company are the co-founders of Getit, Ben Lacroix and Ryan Hardy as Chief Executive Officer of the Company. Patrick Power will assume the position of Audit Committee Chair.