Redwood AI Engages Marketing Firm, Settles Debt Through Share Issuance

Redwood AI Corp. has announced the engagement of MCS Market Communication Service GmbH for a range of online marketing services, including campaign creation, production of marketing materials, and research analytics. The services are expected to run until April 20, 2026, or upon budget exhaustion. Redwood AI has paid MCS CAD 1,000,000 for these services, which will be executed via digital channels like Google Ads and native advertising.

The company, which provides AI software and analytics for chemical and pharmaceutical development, aims to streamline synthesis planning, process optimization, and supply-chain decision-making. Its platform integrates AI models, cheminformatics, and operational data to reduce time, cost, and risk from early development to commercialization.

In a separate development, Redwood AI has entered into debt settlement agreements with a director and certain creditors. The company will issue an aggregate of 236,003 common shares at a deemed price of $1.71 per share to settle outstanding indebtedness totaling $403,571.96. This settlement is subject to approval from the Canadian Securities Exchange and is expected to close around February 27, 2026.

The share issuance involves a related party transaction, for which the company is relying on exemptions from formal valuation and minority approval requirements under Multilateral Instrument 61-101. Redwood AI stated it did not file a material change report more than 21 days prior to the expected closing due to the expedited nature and recent finalization of the settlement details.