Rise Nano Optics Ltd. - Early Warning Regarding Acquisition of Common Shares by Inas Said

March 04, 2026 at 20:50 PM EST

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March 4, 2026 – TheNewswire - Vancouver, British Columbia – Pursuant to the requirements of applicable securities laws, Inas Said, the Chief Executive Officer and a director of Rise Nano Optics Ltd. (formerly Skylift Tech Ventures Ltd.) (the “Company”) has filed an early warning report with regards to the reverse takeover of the Company by Rise Nano Optics Ltd. (an Israeli company) (the “RTO”). Pursuant to the RTO, Mr. Said acquired 5,490,654 common shares (the “Shares”) of the Company, 1,621,208 warrants to purchase common shares (the “Warrants”) and 2,422,593 contingent value rights (the “Contingent Rights”, and together with the Shares and the Warrants, the “Acquired Securities”). The Warrants and the Contingent Rights may be exercised or settled into Shares.

Immediately prior to the closing of the RTO, Mr. Said held no securities in the Company.

Following completion of the RTO, Mr. Said now owns or has control or direction over 5,490,654 Shares, representing approximately 13.63% of the issued and outstanding Shares of the Company on a non-diluted basis. Assuming:

(i) the exercise of the Warrants held by Mr. Said, and no other securities of the Company being issued, Mr. Said would own or have control or direction over 7,111,862 Shares, representing approximately 15.95% of the then issued and outstanding Shares of the Company;

(ii) the conversion of all Contingent Rights held by Mr. Said and other securityholders of the Company who were granted Contingent Rights, and no other securities of the Company being issued, Mr. Said would own or have control or direction over 7,913,247 Shares, representing approximately 15.95% of the then issued and outstanding Shares of the Company; and

(iii) the exercise of the Warrants held by Mr. Said, the conversion of all Contingent Rights held by Mr. Said and other securityholders of the Company who were granted Contingent Rights and no other securities of the Company being issued, Mr. Said would own or have control or direction over 9,534,455 Shares, representing approximately 18.61% of the then issued and outstanding Shares of the Company.

Mr. Said acquired the Shares for investment purposes. Mr. Said may, depending on market and other conditions, increase or decrease his ownership of the Company's securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities, subject in each case to applicable securities laws.

The disclosure respecting Mr. Said’s security holdings of the Company contained in this news release is made pursuant to Multilateral Instrument 62-104 – Take-Over Bids and Issuer Bids. A report respecting the above acquisition will be filed with the British Columbia Securities Commission using the Canadian System for Electronic Document Analysis and Retrieval+ (SEDAR+) and will be available for viewing at www.sedarplus.ca.

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