Constellation Capital Extends Deadline for Active Witness Business Combination

Calgary, Alberta — April 2, 2026 — Leads & Copy — Constellation Capital Corp. (TSXV: CNST.P) has extended the deadline for meeting all conditions for its proposed business combination with Active Witness Corp. The new deadline is August 31, 2026, an extension from the original date of April 15, 2026.

The Proposed Transaction was initially announced by Constellation on September 29, 2025, and later updated on February 9, 2026.

Constellation is a Capital Pool Company operating under the TSX Venture Exchange policies. The Proposed Transaction requires review and approval from the Exchange. If approved, it will be considered Constellation’s Qualifying Transaction, as defined under Policy 2.4 of the Exchange. Upon closing, and subject to approval, Constellation will be listed on the Exchange as an Industrial, Technology, or Life Sciences issuer.

Active Witness, founded in 2018 and incorporated under British Columbia laws, operates at arm’s length from Constellation. The company licenses proprietary access control software used to manage entry into secured facilities such as offices, warehouses, and data centers. The software combines cloud-based technology, regenerating QR mobile credentials, optional facial authentication, and a built-in video intercom for secure facility entry.

Trading of Constellation shares has been halted on the Exchange and will remain so until the Exchange's conditions for trading resumption are met.

Completion of the Proposed Transaction is contingent upon several conditions, including Exchange acceptance and, where applicable, majority approval from minority shareholders. The transaction cannot be finalized until the required shareholder approval is secured. There is no guarantee that the transaction will be completed as proposed or at all.

Investors are advised to rely only on information disclosed in the management information circular or filing statement prepared in connection with the transaction. Any other information released or received may not be accurate or complete and should not be relied upon. Trading in capital pool company securities should be considered highly speculative.

The TSX Venture Exchange Inc. has not reviewed or approved the contents of this press release.

Forward-looking statements in this news release reflect management’s current estimates, beliefs, intentions, and expectations regarding the future. These include statements about Constellation’s completion of the Proposed Transaction and related transactions, the completion of Bridge Financing or Concurrent Private Placement, the conditions to be satisfied for the completion of the Proposed Transaction, and the resumption of trading. These statements are not guarantees of future performance and are subject to risks and uncertainties that may cause actual results to differ materially. Factors include the availability of sufficient funds and other risks customary to transactions of this nature. There is no assurance that any anticipated events will occur or what benefits Constellation will obtain from them. Constellation undertakes no obligation to publicly update or revise forward-looking information, except as required by applicable securities legislation.

Trading in the securities of a capital pool company should be considered highly speculative.

Source: TheNewswire