POWAY, CA / ACCESS Newsline / April 10, 2026 / Secure Blockchain Development Corp. (the “Company” or “Secure blockchain“) (TSXV:ID), a leader in blockchain-embedded email encryption solutions, today announced the successful completion of its entire acquisition of Agentic Solutions Limited (“Agent“), an AI technology company built on elizaOS, one of the leading open source frameworks for autonomous AI agents created by Eliza Labs – currently a highly ranked AI agent repository on GitHub with over 17,600 stars, over 200 plugins and active integrations between messaging platforms, on-chain data and enterprise tools.
The acquisition of Agentic by Secure Blockchain, a TSX Venture Exchange-listed technology publisher with established blockchain infrastructure capabilities, gives the commercial layer of the elizaOS framework its first proxy for the public market and uniquely positions the combined entity to deliver agentic AI solutions with optional on-chain features – leveraging elizaOS’ native blockchain integrations that differentiate it from purely Web2 agent platforms.
“We are focused on delivering true agentic intelligence to companies in every sector – from professional services and manufacturing to healthcare, retail, growth-stage technology and blockchain-enabled applications,” said Steven Bryson-Haynes, co-founder and president of Agentic.
Agentic builds its AI agents on elizaOS and positions Secure Blockchain as the first commercial arm on the public market for the framework’s applications. Sebastian Quinn-Watson, co-founder of Agentic and newly appointed director of Secure Blockchain, commented: “This acquisition brings the commercial application of elizaOS to the public markets. We are building the tools that enable companies to become truly agentic – where intelligent systems handle the heavy lifting while people focus on strategy and innovation.”
As a result of the Agentic Acquisition, the Company issued an aggregate of 5,000,000 shares of Company common stock to Agentic stockholders at a deemed price of $0.09 per share (the “Agentic acquisition“).
The Company also closed a non-brokered private placement financing, raising $1.5 million through the issuance of 13,333,333 units of the Company (the “Units“) at a price of $0.1125 per unit (the “Financing“). The financing included an anchor investment from the Eliza Foundation which subscribed for approximately 50% of the financing. Each unit consists of one common share and one-half of one common share purchase option, with each full common share purchase option entitling its holder to acquire one additional common share of the Company at a price of $0.15 per share until April 10, 2030 (the “).Warrants“). The Company also settled an aggregate amount of $500,000 in liabilities through the issuance of 4,444,444 shares of the Company’s common stock at a price of $0.1125 per share (the “Debt settlement“).
Net proceeds from the financing will support AI agent development, platform build-out, advisory delivery, legacy liability settlement and general working capital.
Following the acquisition, financing and debt settlement by agents, the Company has 32,590,531 shares of common stock issued and outstanding. Securities issued in connection with the acquisition, financing and debt settlement by agents are subject to the statutory hold period expiring on August 11, 2026.
The debt settlement included the participation of Company CEO Todd Sexton for a total of 693,333 shares of common stock, representing a debt settlement of $78,000. This participation constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Protection of minority security holders in special transactions (“MI 61-101“). The issuance of the common shares is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101, as it was a distribution of securities for debt, and the fair market value of the common shares issued, and the total consideration paid, did not exceed twenty-five percent of the company’s market capitalization.
The Company did not file a material changes report more than 21 days before the expected closing of the debt settlement transaction because the details of the participation therein by related parties of the Company were only settled shortly before the closing of the debt settlement and the Company wanted to close on an accelerated basis for business reasons.
About Secure Blockchain Development Corp.
Secure Blockchain is a technology publisher focused on blockchain-embedded solutions and now enterprise agentic AI. Through its Delivery Trust® platform and the newly integrated Agentic capabilities, the company delivers secure, intelligent systems for high-integrity operations across industries. While the company’s core focus is on enterprise agentic AI transformation, elizaOS’ blockchain heritage and on-chain capabilities provide optional advanced features for customers in the financial and Web3 markets.
About Agentic Solutions Limited
Specializing in autonomous AI agents and blockchain infrastructure, Agentic delivers production-ready AI solutions that automate complex workflows, improve decision-making and drive scalable business transformation across all industries, while also delivering differentiated blockchain capabilities for the financial and Web3 markets.
About Eliza Labs
Eliza Labs is the creator of elizaOS, the leading open source framework for building autonomous AI agents. The elizaOS framework allows developers to build AI agents that integrate with platforms like X, Telegram, and Discord, operate across multiple blockchains, and convert social signals into actionable results. More information can be found at elizaos.ai.
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For agentic questions: Steven Bryson Haynes |
For questions about delivery confidence: Todd Sexton |
On behalf of the board of:
SECURE BLOCKCHAIN DEVELOPMENT CORP.
Todd Sexton
General manager
Phone: (949) 468-7878
E-mail: [email protected]
For more information, visit http://www.identillect.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains certain “forward-looking statements” under applicable Canadian securities laws. Any statements that involve discussions regarding predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using expressions such as “expects” or “does not expect,” “is expected,” “anticipates” or “does not anticipate,” “plans,” “budget,” “scheduled,” or variations of such words and phrases) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors that may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: dependence on key personnel; lack of operational history; competitive conditions; banking and financial services risks; anti-money laundering and corrupt business practices; additional capital; financing risks; global financial conditions; insurance and uninsured risks; cybersecurity risks; changes in banking fees or practices, or payment card networks; auditing tax returns; market for the Company’s common shares; market price of the Company’s common shares; conflicts of interest; internal controls; tariffs and the imposition of other trade restrictions could adversely affect the Company’s business; risk of lawsuits; pandemics or other health crises; acquisitions and integration; dividend policy; custodial risks; technological vulnerabilities; risk in the short history; economic and political factors; security breaches; the requirements associated with being a publicly traded company could strain the company’s resources, divert attention from management and adversely affect its ability to retain and attract management and qualified board members; liquidity risk; leverage risk; and stock price fluctuations.
Although the Company’s management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions and has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements and information contained in this press release are made as of the date of this press release, and the Company does not undertake any obligation to publicly update or revise the included forward-looking statements or information, whether as a result of new information, changes in management’s estimates or opinions, future circumstances or events or otherwise, except as expressly required by applicable securities laws.
SOURCE: Secure Blockchain Development Corp.