Toronto, Ontario--(Newsfile Corp. - January 16, 2026) - Vertiqal Studios Corp. (TSX: VRTS) (FSE: 9PY0) ("Vertiqal" or the "Company") Vertiqal, a leading digital-channel network and video-production studio, as well as the owner of North America's largest gaming and lifestyle network on social media, today announces that it has completed the sale of its Luminosity asset previously acquired from Enthusiast Gaming Holdings Inc. (see the Company's press release dated September 2, 2025).
The decision to divest Luminosity reflects Vertiqal's strategic focus on ensuring the long-term strength and sustainability of the brand. Vertiqal believes that Luminosity is best positioned to rebuild and thrive under dedicated ownership that can focus exclusively on its creators, vision, and community.
This transaction also reinforces Vertiqal's commitment to sharpening its focus on the core areas of the business that are driving meaningful momentum across the organization. With a portfolio anchored in social video channels, proprietary monetization infrastructure, and a best-in-class operational engine, Vertiqal is entering 2026 with a clear roadmap and an increasingly streamlined foundation. The Company will continue to re-allocate internal resources towards its most scalable revenue opportunities, accelerate innovation, strengthen strategic partnerships, and support the continued evolution of Vertiqal's network. The Company believes this focus will create a stronger, more resilient operating profile while positioning Vertiqal to capitalize on industry tailwinds and new market opportunities.
Following the transaction, Vertiqal will endeavour to remain engaged with Luminosity as a non-exclusive commercial partner on select sales efforts pursuant to a sales agency agreement executed between Vertiqal and Luminosity the "Sales Agency Agreement"). Beyond this partnership, the Luminosity business will be wholly sovereign from Vertiqal, operating independently with full control of its strategy and day-to-day management.
The purchase price paid by the buyer for the Luminosity asset was C$300,000 plus a C$125,000 payment payable to Vertiqal once revenue is collected in an amount of $125,000 pursuant to the Sales Agency Agreement. Vertiqal will retain all historical debts, liabilities, and unpaid creator obligations that arose prior to the change in ownership. The buyer did not acquire or assume these obligations and will focus exclusively on the future operation and rebuilding of the Luminosity brand.
Max Desmarais, President of Vertiqal Studios, commented: "Luminosity is a powerful legacy brand and has a passionate community behind it. We believe placing the brand in the hands of the new ownership is the right decision for its future. This transition enables Vertiqal to concentrate even further on our core growth engines, delivering on the strategy we have been building across our network and operational platforms. We remain aligned with Luminosity as a sales partner and look forward to seeing the brand thrive under its new owner."
About Vertiqal Studios Corp.
Vertiqal Studios is a scaled digital-channel network and video-production studio that owns North America's largest gaming and lifestyle network. The Company helps global brands reach Gen Z and Millennial audiences through data-driven creative, always-on digital campaigns, and performance-oriented distribution.
Vertiqal manages 200+ channels across TikTok, Instagram, YouTube, and Snapchat, producing over 100 pieces of content per day for a community of more than 52 million followers. Revenue is generated through a mix of direct brand partnerships, agency relationships, and platform monetization across its owned and operated channels.
For more information, please visit www.vertiqalstudios.com.
For media inquiries, please contact:
Press Inquiries Email: info@vertiqalstudios.com
Investor Relations Email: ir@vertiqalstudios.com
Forward-Looking Information
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. The forward-looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward-looking statements and information address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release.
The forward-looking statements and information contained in this news release are made as of the date hereof, and no undertaking is given to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280690
Source: Vertiqal Studios
