Rivalry Corp. announces significant reduction in operations and strategic review

Rivalry Corp. said it will significantly reduce operations and is evaluating strategic alternatives. The company included forward‑looking cautionary language and referred readers to its MD&A and other filings on SEDAR+ for more risk information.

Rivalry Corp. announced a significant reduction in operations and that it is evaluating strategic alternatives. The company's statement included standard forward‑looking language noting that actual results may differ from projections. It listed a range of risks and uncertainties, including regulatory, operational and market factors. Rivalry referred readers to its management's discussion and analysis for the year ended December 31, 2024 and other SEDAR+ filings for additional disclosures. Key facts: - The company announced a significant reduction in operations and said it is evaluating strategic alternatives. - The statement contained forward‑looking statements and a list of risks such as regulatory change, licensing, customer retention, cash flow and broader market conditions. - Additional risk disclosures and the company's MD&A for the 12 months ended December 31, 2024 are available on SEDAR+. Summary: Management has announced scaled‑back operations while it explores strategic options, and the public statement emphasized uncertainty and listed potential risks. Undetermined at this time.