Exchange Bulletin
Blue Ant Media Corporation (BAMI) To Trade On Toronto Stock Exchange
August 6, 2025
| Issuer's old name: | Boat Rocker Media Inc. ("Boat Rocker") |
| Issuer's new name: | Blue Ant Media Corporation ("New Blue Ant") |
| Transaction: | Pursuant to the recently effective backdoor listing transaction, at the opening on August 6, 2025, the Subordinate Voting Shares of Boat Rocker will commence trading on a 1-for-10 consolidated basis (the "Stock Consolidation"), under the new name "Blue Ant Media Corporation" and under the new CUSIP number and stock symbol set out below. These actions result from the recently effected backdoor listing transaction whereby Boat Rocker acquired all of the outstanding shares of Blue Ant Media Inc. ("Old Blue Ant"), a private corporation, on the basis of (i) 1.25 Multiple Voting Shares of Boat Rocker (prior to giving effect to the Stock Consolidation) for each Voting Special share of Old Blue Ant; and (ii) 1.25 Subordinate Voting Shares of Boat Rocker (prior to giving effect to the Stock Consolidation) for each Non-Voting Common Share of Old Blue Ant. In connection with the backdoor listing transaction, Boat Rocker completed a stock consolidation on a 1-for-10 basis and changed its name to "Blue Ant Media Corporation". As a result of the additional Subordinate Voting Shares issued pursuant to the transaction which includes the Stock Consolidation, New Blue Ant will have 21,861,388 Subordinate Voting Shares issued and outstanding. |
| Security: | Old Symbol | New Symbol | Issued and Outstanding Securities* | Reserved Securities* |
|---|---|---|---|---|
| Subordinate Voting Shares | BRMI | BAMI | 21,861,388 | 4,516,934 |
*The number of securities set out above are after giving effect to the additional Subordinate Voting Shares issued pursuant to the transaction which includes the Stock Consolidation.
| Consolidation ratio: | Stock consolidation of the Subordinate Voting Shares on a 1-for-10 basis. |
| Effective date for trading purposes: | August 6, 2025 (at the opening) |
| Fractional entitlement: | No fractional Subordinate Voting Shares will be issued. Fractional entitlements will be rounded down to the next whole Subordinate Voting Share. |
| Exchange procedure: | Beneficial holders of pre-consolidation Subordinate Voting Shares of Boat Rocker need not take any action with respect to receiving the post-consolidation Subordinate Voting Shares of New Blue Ant to which they are entitled. |
| Disclosure document: | Management information circular of Boat Rocker dated May 9, 2025 (the "Circular") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Circular. |
Description of New Blue Ant:
| Trading currency: | CDN$ |
| Listing category: | Industrial, Exempt Issuer |
| Listing and posted for trading date: | August 6, 2025 (at the opening) |
| Other market(s): | None |
| Designated market maker: | Virtu Canada Corp. |
| Investor relations: | Madeleine Cohen VP Corporate Planning and Investor Relations madeleine.cohen@blueantmedia.com (416) 859-2703 - or – Dervla Kelly Chief Marketing and Communications Officer (416) 560-2402 dervla.kelly@blueantmedia.com |
| Incorporation: | Canada Business Corporations Act |
| Fiscal year end: | August 31 |
| Nature of business: | Blue Ant Media is a global content company that creates, acquires and monetizes premium content in more than 100 countries and across over 300 platforms. Headquartered in Canada, with operations in Los Angeles, New York, Washington, London, Sydney and Singapore, Blue Ant's diversified business includes Blue Ant Studios which produces and distributes premium content globally; the Global Channels and Streaming business, comprised of seven international media brands; and the Canadian Media offering that includes a roster of domestic media brands and a consumer shows business. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | New Blue Ant does not anticipate paying cash dividends on the Subordinate Voting Shares in the foreseeable future. |
| Sponsorship: | Not applicable. |
| Disclosure document: | Joint management information circular dated May 9, 2025 (the "Circular") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Circular. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |