Seegnal closes first tranche; upsizes private placement

CALGARY, AB, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Seegnal Inc. (TSXV: SEGN) (“ Seegnal ” or the “ Company ”), a global leader in SaaS clinical decision support solutions, is pleased to announce, further to its news releases dated June 2, 2026 and July 21, 2026, that it has closed the first tranche (“ Tranche 1 ”) of its previously announced non-brokered private placement of units in the capital of the Company (each, a “ Unit ”). The Company is also pleased to announce that it has upsized the private placement to up to CDN$1,850,000 and is expected to close the second tranche by September 30, 2026.

The TSX Venture Exchange (the “ TSXV ”) has approved an extension and upsize for the Company to complete the non-brokered private placement for up to 6,607,143 Units for gross proceeds of up to CDN$1,850,000 at a price of $0.28 per Unit (the “ Upsized Offering ”). As such, the second and final tranche of the Upsized Offering is expected to close on or about September 30, 2026, subject to receipt of all regulatory approvals including the final approval of the TSXV and customary closing conditions.

Upon closing of Tranche 1, the Company has issued an aggregate of 1,486,500 Units for gross proceeds of CDN$416,220 at a price of CDN$0.28 per Unit. Each Unit is comprised of one common share in the capital of the Company (each, a “ Common Share ”) and one common share purchase warrant (each, a “ Warrant ”). Each Warrant is exercisable to acquire one Common Share at a price of CDN$0.50 for a period of 36 months. The proceeds from Tranche 1 will be used by the Company for general corporate and working capital purposes. No finders’ fees were paid in connection with the closing of Tranche 1. All securities issued under Tranche 1 are subject to a hold period expiring four months and one day from the date of issuance.

Related Party Disclosure Certain insiders subscribed for an aggregate of 1,486,500 Units in Tranche 1 (the “ Insiders ”), representing 100% of the Units sold in Tranche 1. The Insiders’ participation in the Upsized Offering constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“ MI 61-101 ”). Such participation by the Insiders is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of the securities to be acquired by the Insiders, nor the consideration for the securities paid by such Insiders, exceed 25% of the Company’s market capitalization. The Company did not file a material change report at least 21 days in advance of the closing of Tranche 1 as the participation of such Insiders in the Upsized Offering had not been confirmed at that time.

About Seegnal Seegnal Inc. (TSXV: SEGN) is an innovative healthcare technology company dedicated to reducing medication-related harm where care begins. The Company’s SaaS-based clinical decision support platform is designed to help clinicians prescribe with greater precision by integrating patient-specific data at the point of care, including medications, laboratory results, renal function, allergies, age, and other relevant risk factors. By delivering more targeted, context-aware medication alerts within existing clinical workflows, Seegnal aims to reduce alert fatigue, support safer prescribing, and advance a more personalized standard of patient care. Seegnal’s technology is deployed across healthcare settings and is used by more than 15,000 clinicians in daily practice. For additional Company information, please visit https://www.seegnal.com/ and follow us on LinkedIn .

Seegnal Media Contact: Elad Bibi-Aviv Chief Executive Officer press@seegnal.com +972-52-533-0856 www.seegnal.com Arx Investor Relations North American Equities Desk seegnal@arxhq.com

Forward-Looking Statements This press release contains “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements included herein, other than statements of historical fact, including statements included in the “About Seegnal” section of this press release, are forward-looking statements. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

More particularly, and without limitation, this press release contains forward-looking statements with respect to the closing of the final tranche of the Upsized Offering, receipt of all regulatory approvals, including the approval of the TSXV, in connection therewith and the anticipated use of proceeds from the closing of Tranche 1. Seegnal cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of Seegnal, including expectations and assumptions concerning Seegnal and its products, the Company’s ability to complete the final tranche of the Upsized Offering on the terms described herein or at all, the delay or failure to receive regulatory approval or other approvals, including any approvals by the TSXV, for the Upsized Offering, as well as other risks and uncertainties, including those described in Seegnal’s filings available on SEDAR+ at www.sedarplus.ca. The intended use of proceeds of the Upsized Offering by the Company might change if the board of directors of the Company determines that it would be in the best interests of Seegnal.

The reader is cautioned that assumptions used in the preparation of any forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of Seegnal. The reader is cautioned not to place undue reliance on any forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and Seegnal does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

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.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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