InnSuites converts $3M debt to equity; July revenue sets record

INNSUITES HOSPITALITY TRUST

Converted $3,000,000 debt to 1,829,268 common shares at $1.64/share (Aug 18, 2026 closing).
Record July revenue of $597,323, highest ever for the two hotels combined.
Fiscal H1 2027 (Feb 1–Jul 31, 2026) total revenues exceeded $4.1 million.
Continues seeking reverse merger partner; engaged in several positive discussions.
High-risk, high-reward diversification project remains under evaluation.

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