Bluesky Reports Shareholder Approval for Proposed ChessGold Acquisition
Bluesky Digital Assets says shareholders approved its proposed ChessGold acquisition at a September 21, 2026 meeting, but the transaction has not yet closed.
Bluesky Digital Assets Corp. (CSE:BTC)(OTCQB:BTCWF) says shareholders approved matters related to its proposed acquisition of ChessGold Inc. at an annual general and special meeting held on September 21, 2026. The transaction remains subject to outstanding financing, exchange approval and other closing requirements.
The company said shareholders approved all matters presented at the meeting, including resolutions connected with the previously announced proposed ChessGold transaction. The meeting materials were dated August 14, 2026. The company did not provide a detailed breakdown of the voting results in the material provided.
Alan Grant, Bluesky’s Chairman and Director, said the approval was an important step as the companies work toward the proposed transaction. The company characterized the vote as reflecting shareholder confidence in the rationale for acquiring ChessGold and its software.
Shareholder approval does not mean the acquisition has been completed. Bluesky said the transaction remains subject to final approval from the Canadian Securities Exchange (CSE) and the satisfaction of other customary closing conditions.
The company also identified completion of a concurrent financing involving ChessGold subscription receipts for a minimum of $1 million in gross proceeds as the remaining condition to closing and to the resumption of trading in Bluesky’s common shares. Bluesky said the offering remains underway and is expected to be completed on or before October 9, 2026. This is the company’s forward-looking expectation, not confirmation that the financing has been completed.
Trading in Bluesky’s common shares is currently halted. The halt is expected to remain in place until all required documentation related to the CSE’s conditional approval of the transaction has been filed with and accepted by the exchange. The resumption of trading is also subject to the conditions described by the company.
Bluesky said its planned direction following the transaction would focus on the growth of ChessGold and the continued development of its chess gaming platform. Completion remains conditional, and the company’s release states that trading in its securities should be considered highly speculative.
The company also cautioned that forward-looking statements involve risks and uncertainties, and that actual results or performance may differ materially from anticipated outcomes. It stated that there can be no assurance that the expectations described will prove correct. The transaction carries further customary closing terms not set out in full here.
Bluesky shareholders approved all matters brought before the September 21, 2026 annual general and special meeting, including matters related to the proposed ChessGold acquisition.
The transaction has not closed and remains subject to final CSE approval, other customary closing conditions and the required financing.
The financing involves ChessGold subscription receipts for a minimum of $1 million in gross proceeds.
Bluesky says the offering is expected to be completed on or before October 9, 2026, while trading in its common shares remains halted.
At the annual general and special meeting held on September 21, 2026, shareholders approved all matters brought before the meeting, including matters relating to Bluesky Digital Assets Corp.’s previously announced proposed acquisition of ChessGold Inc. The source does not provide a detailed breakdown of the voting results.
No. The transaction remains a proposed acquisition. The source states that completion remains subject to final approval of the Canadian Securities Exchange (CSE), the satisfaction of other customary closing conditions and completion of the concurrent financing described as the Offering.
The remaining condition identified by the Company includes completion of the concurrent financing of subscription receipts of ChessGold for a minimum of $1 million in gross proceeds. The Company says the Offering remains well underway and is expected to be completed on or before October 9, 2026; this is a forward-looking statement attributed to the Company and is not a confirmation that the financing has completed.
Trading in Bluesky’s common shares is currently halted. The source states that trading will remain halted until all required documentation has been filed with and accepted by the CSE in connection with the CSE’s conditional approval of the transaction. The resumption of trading is also subject to the conditions described by the Company.
The source identifies Bluesky Digital Assets Corp. as listed on the CSE under CSE:BTC and on the OTCQB under OTCQB:BTCWF.
The Company says its path forward will be focused on the growth of ChessGold and the continued development of its chess gaming platform. The source also quotes Chairman and Director Alan Grant as saying that the Company intends to work towards completing the transaction and believes it will create value for the Company and its stakeholders. These statements are subject to the transaction conditions and the forward-looking statement risks set out in the release.
The source states that trading in the Company’s securities should be considered highly speculative and that no stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in the release. It also says the transaction remains subject to final CSE approval, customary closing conditions and completion of the Offering. The release notes that forward-looking statements involve inherent risks and uncertainties, that actual results or performance may differ materially from those anticipated, and that there can be no assurance that the expectations described will prove correct.