France's Aitenders goes public in Canada via reverse takeover, raises $2.4M

Aitenders , a France-based developer of an AI-powered platform for tender response and contract management, has completed a reverse takeover of eXeBlock Technology Corporation. The combined entity is now named Aitenders Technologies Inc., with Aitenders operating as a wholly owned subsidiary.

Under a share exchange agreement dated December 22, 2025, the company acquired all outstanding shares of Aitenders. It also closed a non-brokered private placement of subscription receipts for gross proceeds of $2.4 million and consolidated its shares to roughly 6,000,000 outstanding before closing.

Aitenders has secured conditional approval from the Canadian Securities Exchange to list under the ticker "BIDS". Trading is expected to begin during the week of Monday, August 3, subject to final listing requirements.

Founded in 2019 and headquartered in Saint-Étienne, France, Aitenders builds an end-to-end platform for complex construction and infrastructure projects. It serves three of the top five largest construction companies in Europe and North America.

A reverse takeover lets a private startup reach public markets faster and cheaper than a traditional IPO — a route increasingly favoured by smaller companies. For Aitenders, the CSE listing offers a public platform to fund expansion in the construction technology sector.