Elvictor Group, Inc. (OTC: ELVG) has entered into an Equity Purchase Agreement with Quick Capital, LLC, a Wyoming limited liability company. The agreement, dated October 23, 2026, allows the Company to sell common stock to the Investor up to a maximum commitment of $5,000,000. The Company is not obligated to sell any shares under the agreement, and there is no assurance it will receive the full $5 million commitment.
The Purchase Agreement includes a 36-month Commitment Period beginning on the Execution Date. The Company may issue shares to the Investor at a price of 85% of the lowest trading price of the Common Stock during a five-day Valuation Period. For every share purchased, the Company issues 107% of the number of shares, providing an additional 7% as consideration. The Investor’s obligation to purchase shares is subject to conditions, including the effectiveness of a registration statement, a minimum trading price of $2.11, and the Common Stock being DWAC eligible.
As consideration for the Investor’s commitment, Elvictor issued 41,618 shares of Common Stock and a pre-funded warrant to purchase 53,168 shares, valued at approximately $112,183.91. The Company also paid $5,000 to the Investor’s counsel and will pay an additional $7,500 after the first closing. Rodman & Renshaw LLC is acting as placement agent under an engagement letter dated July 13, 2026, and will receive a 5.0% cash fee on gross proceeds, $12,500 in legal fees, and warrants to purchase 10.0% of the Put Shares purchased at each closing.
In connection with the agreement, the Company and the Investor entered into a Registration Rights Agreement. The Company agreed to file an initial registration statement on Form S-1 within 30 days to cover the resale of the Investor’s securities. The Company intends to use the net proceeds from any share sales to support the development of its AI-enabled crew recruitment and management platform, technology infrastructure, and general corporate purposes.
