Evan Gappelberg Expands Stake in Arway Corp

Evan Gappelberg, CEO, has increased his stake in ARway Corp by acquiring 3,786,363 common shares. This acquisition, completed on February 21, 2025, was part of a private placement. The newly acquired shares represent approximately 10.2% of ARway Corp's total issued and outstanding common shares. Prior to this transaction, Gappelberg held 2,753,932 shares, accounting for 8.3% of the company.

Post-acquisition, Gappelberg's holdings amount to 6,540,295 shares, representing 17.6% of the company. These figures could rise to 19.8% with the exercise of his convertible securities. No stock exchange facilitated the acquisition. Gappelberg's investment approach remains flexible, subject to market conditions.