Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Restart Life Sciences Corp. (CSE: HEAL) (FSE: HN30) (OTC Pink: NMLSF) ("Restart Life" or the "Company") is pleased to announce that, further to its news release dated December 22, 2025, it has entered into a share purchase agreement (the "Definitive Agreement") among Holy Crap Foods Inc. ("Holy Crap") and Happy Belly Coffee Inc. (the "Vendor"), a subsidiary of Happy Belly Food Group Inc. (CSE: HBFG) that owns all of the issued and outstanding shares of Holy Crap, dated February 12, 2026, for the acquisition of 100% of the issued and outstanding shares of Holy Crap (the "Acquisition").

The execution of the Definitive Agreement follows the completion of due diligence by both parties and supersedes the previously announced binding letter of intent.

Subject to the satisfaction or waiver of customary closing conditions, the Company anticipates the closing of the Acquisition to occur within the next ten (10) business days.

Pursuant to the Definitive Agreement, Restart Life will acquire all of the issued and outstanding shares of Holy Crap from the Vendor for a purchase price of $1,000,000 in cash, subject to customary working capital adjustments. Any post-closing adjustments will be determined in accordance with the terms set forth in the Definitive Agreement.

The Acquisition includes the Holy Crap portfolio of brands and its British Columbia-based manufacturing facility. Upon closing, Holy Crap is expected to operate as a wholly owned subsidiary of Restart Life.

Management believes the acquisition aligns with Restart Life's stated strategy of acquiring and developing revenue-generating, health-focused consumer brands within the broader wellness category.

The inclusion of Holy Crap's manufacturing facility is expected to provide operational flexibility for both existing and future product lines. Restart Life intends to maintain Holy Crap's existing operations while evaluating opportunities for measured expansion, product development, and operational integration consistent with prudent capital management practices.

Steve Loutskou, Chief Executive Officer of Restart Life, stated: "We would like to thank our shareholders for their continued support as we work to execute on our strategic objectives in a disciplined and transparent manner. We also extend our appreciation to the team at Happy Belly Food Group for their cooperation and professionalism throughout the due diligence process, which allowed both parties to advance the transaction efficiently. We believe Holy Crap represents a well-established brand with an existing revenue base and manufacturing capabilities that complement our long-term objectives. Upon closing, management's focus will be on ensuring operational continuity and carefully evaluating integration opportunities in a manner that prioritizes sustainability and prudent growth."

The Company will provide further updates upon completion of the Acquisition.

About Holy Crap Foods Inc.
Holy Crap Cereal, a Holy Crap brand, is a premium breakfast brand known for its delicious, nutrient-dense cereals made with simple, wholesome ingredients. Founded in Gibsons, British Columbia, Holy Crap has built a loyal customer base across Canada through its commitment to health, taste, and sustainability. The company's gluten-free, non-GMO, and high-fiber products are crafted to support digestive wellness and sustained energy throughout the day. Visit the company's website at www.holycrap.com.

About Restart Life Sciences Corp.
Restart Life Sciences Corp. is a Canadian-based life sciences company listed on the CSE. For more information about Restart Life, please visit the Company's website at www.restartlife.co.

Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Restart's actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. This information and these statements, referred to herein as "forward-looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements relating to the closing of the Acquisition and the satisfaction or waiver of the related conditions precedent and the timing thereof, the perceived benefits of the Acquisition, the ability for Restart to integrate Holy Crap's business into its existing operations; the benefits of vertically integrating the co-packer facility; anticipated closing date, and the Company's expectations relating to Holy Crap.

These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: the inherent risks and uncertainties associated with the Acquisition, the Company's financial condition, the risk that the anticipated benefits of the Acquisition may not be fully realized or take longer to realize than expected; market volatility; the state of the financial markets for the Company's securities; and general business, economic, competitive, political and social uncertainties;. In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, the satisfaction or waiver of all closing conditions in the Definitive Agreement, that Restart will be able to successfully integrate the Holy Crap assets into its existing operations; and the current and future social, economic and political conditions.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those expressed or implied in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. Readers are encouraged to read the Company's continuous disclosure documents filed with the securities regulatory authorities in certain provinces of Canada and available at www.sedarplus.ca.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/283831

Source: Restart Life Sciences Corp.