Key Takeaways
- Thunderbird Entertainment Group Inc. has received a final order from the Supreme Court of British Columbia for its plan of arrangement with Blue Ant Media Corporation.
- The arrangement, which was approved by Thunderbird shareholders, is expected to be completed in the coming weeks, subject to satisfaction of all terms and conditions.
- Upon completion, Blue Ant will acquire all outstanding shares of Thunderbird, and the company’s shares will be delisted from the TSX Venture Exchange and OTC Markets.
- Thunderbird will cease to be a reporting issuer under Canadian securities laws, and Blue Ant will apply to have the company’s reporting status revoked.
Introduction to the Arrangement
The Supreme Court of British Columbia has issued a final order in connection with the plan of arrangement between Thunderbird Entertainment Group Inc. and Blue Ant Media Corporation. This order is the last substantive court approval required before the completion of the arrangement, which is expected to take place in the coming weeks. The arrangement was previously approved by Thunderbird shareholders at a special meeting held on January 22, 2026. The terms of the arrangement and the arrangement agreement between the two companies are described in Thunderbird’s management information circular dated December 11, 2025, and related materials, which are available on SEDAR+.
About Thunderbird Entertainment Group Inc.
Thunderbird Entertainment Group Inc. is a global award-winning, full-service multiplatform production, distribution, and rights management company. The company is headquartered in Vancouver, with a team in Los Angeles, and creates award-winning scripted, unscripted, and animated programming for leading digital platforms and international broadcasters. Thunderbird develops, produces, and distributes animated, factual, and scripted content through its various content arms, including Thunderbird Kids and Family, Thunderbird Unscripted, and Thunderbird Scripted. The company’s productions include popular shows such as Mermicorno: Starfall, Super Team Canada, Molly of Denali, Highway Thru Hell, Kim’s Convenience, Boot Camp, and Sidelined: The QB and Me.
Forward-Looking Statements
This news release contains forward-looking information within the meaning of applicable securities laws in Canada. Forward-looking information may relate to Thunderbird’s future business, financial outlook, and anticipated events or results. The company cautions that forward-looking statements involve significant known and unknown risks and uncertainties, and undue reliance should not be placed on such information. Material factors or assumptions that were applied in formulating the forward-looking information contained herein include the expectations and beliefs of Thunderbird, its management, and board of directors, as of the date hereof. However, there can be no assurance that the actual results or developments anticipated by Thunderbird will be realized or, even if substantially realized, that they will have the expected consequences for the company, its shareholders, or the future results and performance of Thunderbird.
Risks and Uncertainties
The completion of the arrangement is subject to the satisfaction or waiver of a number of conditions as set forth in the arrangement agreement. There is a risk that some or all the expected benefits of the arrangement may fail to materialize or may not occur within the time periods anticipated by Thunderbird. Material risks that could cause actual results to differ from forward-looking statements also include the inherent uncertainty associated with the financial and other projections, the prompt and effective integration of the combined company, and the ability to achieve the anticipated synergies and value creation contemplated by the arrangement. Additionally, there is a risk that a consent or authorization that may be required for the arrangement is not obtained or is obtained subject to conditions that are not anticipated.
Conclusion
In conclusion, Thunderbird Entertainment Group Inc. has received a final order from the Supreme Court of British Columbia for its plan of arrangement with Blue Ant Media Corporation. The arrangement is expected to be completed in the coming weeks, subject to satisfaction of all terms and conditions. Upon completion, Blue Ant will acquire all outstanding shares of Thunderbird, and the company’s shares will be delisted from the TSX Venture Exchange and OTC Markets. Thunderbird will cease to be a reporting issuer under Canadian securities laws, and Blue Ant will apply to have the company’s reporting status revoked. The company cautions that forward-looking statements involve significant known and unknown risks and uncertainties, and undue reliance should not be placed on such information.
