Miivo AI to Buy First Five Partners for CA$490,420

08:25 AM EDT, 10/01/2026 (MT Newswires) -- Miivo AI (MIVO.V) entered into a share purchase agreement to buy 100% of the issued and outstanding shares of the Switzerland-based sports advisory, First Five Partners Sarl for about CA$490,420, it said in a statement on Thursday. The company believes the deal provides it with an "attractive" entry point into the European sports technology and advisory market. First Five Chief Executive Officer Nick Hyett will become Miivo's Chief Strategy Officer, upon closing of the deal. Shares of the company closed down 2.3% to CA$0.42 on Wednesday on the TSX Venture Exchange.