ZenaTech acquires 10% stake in Route1 Inc for investment purposes
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ZenaTech Inc. (NASDAQ: ZENA) acquired 4,688,499 common shares of Route1 Inc., representing approximately 10% of the company's outstanding shares, according to an early warning report filed April 21, 2026.
The AI drone and technology solutions provider purchased the shares at prices ranging from $0.075 to $0.09 per share through the TSX Venture Exchange. ZenaTech did not previously own any Route1 shares.
The company stated it acquired the shares for investment purposes and may participate in future financings or acquire or dispose of Route1 securities depending on market conditions and other investment opportunities.
ZenaTech filed the early warning report under National Instrument 61-103, which requires disclosure when acquiring 10% or more of a public company's voting securities. The report will be available under Route1's profile on SEDAR+.
ZenaTech specializes in AI drone technology, Drone as a Service solutions, enterprise software, and quantum computing for commercial, government, and defense applications. The company operates through offices in North America, Europe, Taiwan, and the UAE.
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