Douglas Sinclair agreed to acquire additional 51.32% stake in Relay2 Inc. from T-Gaia Corporation (TSE:3738) on May 1, 2024. Relay2 has negative net assets of $2.279 million, Consolidated Total Assets of $1.201 million, Consolidated Sales of $0.405 million, Consolidated operating loss of $3.696 million, and Net loss attributable to owners of parent is $9.385 million for Fiscal year ending December 2023. Prior to the transaction, Douglas Sinclair holds 28.9% stake in Relay2.

Douglas Sinclair completed the acquisition of additional 51.32% stake in Relay2 Inc. from T-Gaia Corporation (TSE:3738) on May 2, 2024.