Panamera Holdings enters binding LOI with Rain Cage Carbon to license technology and issue $4.9M note

Panamera Holdings Corp

Signed binding LOI with Rain Cage Carbon on June 20, 2025 for licensing of Eden system and Knights Charge power system in U.S. and Mexico.
License fee includes $4,900,000 promissory note (18-month maturity), 25% of net income, and 27,000,000 restricted common shares.
Rights granted for deployment and commercialization in the United States and Mexico.
Mutual intent to merge the two companies; 90-day exclusivity period to finalize definitive agreements.
Initial payment intention of $500,000 by June 30, 2025, with quarterly payments of $650,000 starting October 1, 2025.

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