Uniserve Communications Corporation (TSXV: USS), a Canadian provider of managed IT, ISP, cloud, and data centre services, announced today that it will not meet the filing deadline for its business acquisition report (BAR) related to the acquisition of Megawire Inc. The BAR, required under National Instrument 51-102 – Continuous Disclosure Obligations, must be filed within 75 days of the acquisition, but Uniserve needs additional time to prepare the necessary financial statements.
The acquisition, previously announced on December 23, 2025, involves the purchase of all business, assets, and undertaking of Megawire Inc. The transaction also includes Brimax Financial Services Inc. and Waterloo Wireless Inc., both private companies that have not previously prepared or filed audited financial statements. Uniserve is working with its selected auditor to complete the audit of the annual financial statements to be included in the BAR.
Uniserve expects to make the required filings by no later than June 30, 2026. In the interim, the company has imposed a management trading blackout pending the filings. Aside from the BAR, Uniserve confirms it is current in its other continuous disclosure filings.
Despite the delay, Uniserve remains positive about the acquisition. The company believes the transaction represents an important step in expanding its capabilities and geographic reach in delivering managed IT, connectivity, and digital infrastructure solutions across Canada.
For further information on the acquisition, please refer to Uniserve's news release dated December 23, 2025, available on SEDAR+.
Uniserve delivers secure, reliable, and customized IT solutions through offices in Vancouver, Calgary, and Waterloo. Its services span data centre solutions, managed IT services, and business internet.
