On August 24, 2023, D-BOX Technologies Inc. filed a management proxy circular soliciting proxies and urged the shareholders to vote against a shareholder proposal, that the Company promptly form a special committee of independent directors to undertake, with the assistance of qualified legal and financial advisors, a review of strategic alternatives, which alternatives shall include a sale of the Company, submitted by Daniel Marks and Stonehouse Capital Management Inc. for consideration at the Company?s annual shareholders meeting scheduled to be held on September 28, 2023.