MINILUXE ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF US$3.5 TO US$5 M (CAD $4.8M to CAD $6.0M)

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Company initiates non-brokered private placement at a premium to the market with substantial levels of the offering, already filled with signed commitments.

Boston, MA, May 13, 2026 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”), the lifestyle brand and pioneer in clean and ethical nail care and beauty services, today announced a non-brokered private placement of Class A subordinate voting shares (the “Subordinate Voting Shares”). The Subordinate Voting Shares will be offered at a price of US$0.58 per Subordinate Voting Share for gross proceeds of between US$3.5 and US$5 million (the “Offering”) with a midpoint of the range as its target. The private placement has already signed commitments that exceed its threshold range of US$3.5M.  Consistent with its past private placements, the offering is priced at a premium to the market given the Company’s trading volumes and supply and demand dynamics. 

A closing of the offering is anticipated by June 5^th, or such other date as the investors and the Company may agree upon and is subject to the completion of formal documentation and the Company receiving all necessary regulatory approvals, including the final approval of the TSXV.

For over 15 years, MiniLuxe has rooted itself on a purpose of empowering and bringing joy to its team members, clients and communities. In its most recent release of FY2025 results, the Company reported year-over-year system sales growth of 11% and its 12^th consecutive quarter of continued studio-level unit economic growth (see the Company's April 27, 2026 news release for details). Key elements of driving its unit economics included elevating leadership within its studios, sharpening KPIs that correlate to top-line and bottom-line growth, and leveraging technology, data and AI to help drive better decisions faster. The Company also announced three years of industry-leading talent retention with  ~85 percent of hourly team members retained year-over-year (inclusive of voluntary and involuntary turnover).

Although the Company meaningfully exceeded its plan for its end-of-year cash balance, finishing 2025 with ~$4.5M cash on hand, Management has decided to go forward with this private placement based, first and foremost, on the quality of investors behind it and secondly, the ability of these investors to not just provide capital into MiniLuxe Holdings but to serve as executional partners building and operating new MiniLuxe locations. 

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