Carbeeza Inc. Settles $1.7 Million Debt

June 13, 2025 — Carbeeza Inc., a software solution provider specializing in household durables within the Consumer Discretionary sector, has announced a significant financial development. The company has entered into a settlement agreement to resolve a claim for unpaid professional services, agreeing to pay $1.7 million to Northern Micro Inc. and IDX Systems Corp.

The settlement pertains to a Statement of Claim filed by the claimants, related to a licensing and service agreement, sublease, and sales agreement previously established between Carbeeza and the claimants. The settlement agreement, which includes applicable taxes, will be paid in monthly installments starting from the date of the agreement.

This financial obligation is expected to impact Carbeeza’s cash flow through September 2027. The company, which operates an AI-powered automotive sales platform in Canada, trades on the TSX Venture Exchange under the ticker symbol AUTO and is listed on OTCQB as CRBAF.

As of June 11, 2025, Carbeeza’s stock closed at CAD 0.09, with a 52-week high of CAD 0.19 and a low of CAD 0.025. The company’s market capitalization stands at CAD 9,570,000, and it has a price-to-earnings ratio of -3.59, reflecting its current financial challenges.

This settlement marks a crucial step for Carbeeza as it navigates its financial landscape, aiming to maintain its operations and continue serving its customer base in Canada. For more information, visit Carbeeza’s official website .