Tokenization is the process of representing ownership of real-world or financial assets as a digital token recorded on a blockchain, which is a shared digital record-keeping system maintained across many computers simultaneously, with no single controlling authority. The platform will provide technology and infrastructure for issuers to tokenize their assets.

The platform is being designed to support a wide range of asset types, which may include securities, commodities such as precious metals, and other assets such as collectibles; however, initially, the platform intends to focus on a limited number of real-world assets that the Company believes will be easier to tokenize.  Universal DeFi does not currently intend to provide brokerage, custody, fund administration, transfer agent, or trading venue services, although the services it offers may change over time.

Once an asset is tokenized, the issuer is generally expected to retain sole control of the resulting token, including the ability to create additional tokens, a process called minting, and to permanently remove tokens from circulation, a process called burning. The platform is being designed to secure control of each token using multi-party computation, a method of securing a digital asset in which the authority to approve a transaction is divided among multiple parties or systems so that no single participant can act alone. This technology will be provided by a third-party digital asset security provider, with a dedicated environment maintained for each token project.

The Company expects to provide additional information regarding Universal DeFi and its tokenization platform as development progresses.

The Company emphasized that the Universal DeFi platform remains under development, and there can be no assurance as to the timing of launch, the final scope of services, the number or type of assets that may be tokenized, whether any issuer will use the platform, or whether the platform will generate material revenue.

The Company also advises that its audited consolidated financial statements in its Annual Report on Form 10-K for the fiscal year ended March 31, 2026, which was filed with the Securities and Exchange Commission on July 2, 2026, contained a going concern explanatory paragraph in the audit opinion from its independent registered public accounting firm. This announcement does not represent any change or amendment to the Company's financial statements or to its Annual Report on Form 10-K for the fiscal year ended March 31, 2026. Release of this information is required by Section 401(h) and 610(b) of the NYSE American Company Guide.