MAK Acquisition Delivers Notice of Breach to UniUni

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TORONTO, Sept. 24, 2026 (GLOBE NEWSWIRE) — MAK Acquisition Corp. (TSX: MAK.U) (“MAK”) announced today that it has delivered a notice of breach to Uni Express Inc. (“UniUni”) pursuant to the purchase agreement (the “Purchase Agreement”) among MAK and UniUni governing the proposed reverse take-over by MAK of UniUni (the “Proposed Transaction”). Pursuant to the terms of the Purchase Agreement, UniUni agreed to operate its business within certain specified parameters during the interim period, including a defined maximum cumulative pre-tax loss. Since the announcement of the Proposed Transaction, UniUni’s business and financial performance has deteriorated. MAK believes this constitutes a material breach of the Purchase Agreement.

Originally published via Source Article.