DELRAY BEACH, Fla., April 27, 2026 /PRNewswire/ — According to MarketsandMarkets™, the global ebike market is projected to grow from USD 46.39 billion in 2026 to USD 74.98 billion by 2035 at a CAGR of 5.5%.3

Browse 380 market data Tables and 156 Figures spread through 570 Pages and in-depth TOC on ‘ebike Market’

ebike Market Size & Forecast:

Market Size Available for Years: 2026-20352026 Market Size: 46.39 billion2032 Projected Market Size: 74.98 billionCAGR (2026–2035): 5.5%

ebike Market Trends & Insights:

>250W–<450W battery capacity ebikes to hold the largest market share globally.Mid-drive motors are expected to be the fastest-growing ebike motor type during the forecast period.North America is expected to be the fastest-growing ebike market during the forecast period.

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The global ebike market is growing gradually, with each region exhibiting different patterns. Asia Pacific dominates by volume, accounting for over 90% of global demand, driven by China’s large-scale adoption, affordability, and a strong manufacturing ecosystem, making ebikes a mainstream daily mobility solution. In Europe and North America, ebike demand has declined mainly due to structural and economic headwinds. In Europe, sales declined across key markets from 2023–2025 as high inflation, reduced consumer spending, and excess inventory from the pandemic surge led retailers to cut new orders. Some countries, like the Netherlands, reported a drop in bike sales in 2025, from 409,467 units in 2024 to 391,300 units; France dropped from 565,225 units in 2024 to 558,442 units; and Switzerland dropped from 151,772 units in 2024 to 142,223 units. The ebike market in Europe and North America is expected to recover in the second half of 2027.

>250W–<450W battery capacity ebikes to hold the largest market share globally.

The 250–450W segment dominates the ebike market primarily because it is the standard configuration for city, trekking, and hybrid pedal-assist ebikes, which represent the largest use case globally. Also, ebikes in this range achieve optimal efficiency, with energy density, weight, and motor draw well matched to typical urban duty cycles. A 300–400 W pack paired with 250 W-class motors typically delivers ~40–90 km of real-world range at moderate-assist levels without pushing cells into high discharge rates that accelerate thermal stress and degradation, allowing simpler battery management systems and air cooling instead of heavier thermal controls. Keeping capacity below ~450 W also reduces pack mass by ~1–2 kg versus larger systems, preserving ride dynamics, frame integration, and braking performance while enabling standard charging (2–4 A) on household outlets.

This range has seen the highest adoption in Europe, where regulations cap motor power at 250W. This has led major manufacturers like Bosch, Yamaha, and Shimano to design their systems around this limit, ensuring mass-market compliance and efficiency. In the Asia Pacific region, the same range is widely used for its cost-effectiveness and suitability for short-distance daily commuting, while in North America it remains common in commuter models despite the availability of higher-power options. Overall, this segment leads because it offers the best balance of regulatory compliance, affordability, energy efficiency, and real-world usability, making it the most practical choice for large scale adoption.

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Mid-drive motors are expected to be the fastest-growing ebike motor type during the forecast period.

Mid-drive motors are widely preferred in Europe and North America for their higher torque, better weight distribution, and superior efficiency, which align with premium commuting and trekking needs. Leading OEM systems from Bosch eBike Systems, Shimano Inc., and Yamaha Motor Co., Ltd. are engineered for these performance-focused markets. In contrast, hub motors dominate in Asia Pacific, largely driven by cost-sensitive demand. Suppliers such as Bafang Electric specialize in affordable hub motor systems that are easier to mass-produce and integrate. Notably, while many APAC-based suppliers (e.g., Bafang, Ananda, Dapu) export mid-drive systems to Europe and North America, they still prioritize hub motors domestically because mid-drive integration requires higher R&D investment, complex frame redesign, and drivetrain engineering, whereas hub motors can be easily mounted on conventional bicycle frames at lower cost. Overall, the global motor supply is dominated by key players such as Bosch eBike Systems, Shimano Inc., Yamaha Motor Co., Ltd., Brose Fahrzeugteile SE & Co. KG, and Bafang Electric, with Bosch, Shimano, and Bafang alone holding significant global market share due to their extensive OEM networks and technological capabilities.

North America is expected to be the fastest-growing ebike market during the forecast period.

North America is emerging as the fastest-growing e-bike market, driven by policy support, shifting mobility preferences, and expanding use cases beyond recreation. Between 2024 and 2026, several US states introduced purchase incentives and rebate programs. California offered substantial statewide vouchers of up to USD 2,000 for qualifying residents, with a focus on safety certifications; Colorado provided a USD 225 instant, point-of-sale tax credit for qualifying electric bikes, with additional incentives for cargo bikes; and local and city programs, such as those in Denver, offered significant incentives of up to USD 1,400. These government incentives are promoting ebikes in North America. In addition, cities are investing in bike-lane infrastructure and safety regulations, alongside stricter standards for battery safety and UL certification, improving consumer confidence. At the same time, rising fuel costs and demand for last-mile and cargo mobility solutions are accelerating adoption, especially in urban areas, making e-bikes a practical alternative to cars rather than just a recreational product.

Meanwhile, mountain and trekking ebikes hold a dominant share in North America because of the region’s strong outdoor culture and diverse terrain, where consumers demand higher performance, durability, and longer range. These bikes are predominantly equipped with mid-drive motors from key players such as Bosch eBike Systems, Shimano Inc., and Yamaha Motor Co., Ltd., which provide greater torque, improved balance, and more efficient power transfer on steep or off-road terrain. This preference reinforces the premiumization trend in North America, where consumers increasingly prioritize performance-oriented ebikes over basic urban models.

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Top Companies in ebike Market:

The Top Companies in ebike Market are Giant Manufacturing Co., Ltd (Taiwan), Yamaha Motor Company (Japan), Accell Group NV (Netherlands), Yadea Group Holdings, Ltd. (China), and Pon Bicycle Holdings B.V. (Netherlands).

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Board refresh advancing with the nomination of two new directors and intention to appoint a third new director following the Meeting

Leading independent proxy advisory firm ISS recommends shareholders vote “FOR” all director nominees and remaining resolutions to be put forward at the Meeting

Meeting details and voting assistance for shareholders are available at www.VoteGSY.com

MISSISSAUGA, ON, April 27, 2026 /CNW/ – goeasy Ltd. (TSX: GSY) (the “Company”) announced that it has filed and completed the mailing of its Management Information Circular (the “Circular”) and related proxy materials for its Annual General and Special Meeting of Shareholders (the “Meeting”), to be held on Wednesday, May 20, 2026, at 10:00 a.m. ET. The Meeting will be held in a virtual-only format designed to provide full and equal access for all shareholders, enabling them to attend, participate, ask questions and vote in real time, regardless of location. Shareholders of record as at the close of business on March 25, 2026, will be entitled to vote at the Meeting.

At the Meeting, shareholders will be asked to consider and vote on the following items, each of which the board of directors (the “Board”) unanimously recommends a vote “FOR”:

Elect directors for the ensuing year;Appoint Ernst & Young LLP as auditor and authorize the Board to fix the auditor’s remuneration; andConsider and, if deemed appropriate, approve an ordinary resolution confirming the Company’s advance notice by-law.

Advancement of Board Refresh

As outlined in the Circular, the Board and executive leadership team (“Leadership”) recognizes recent performance challenges and are taking decisive, concrete actions to stabilize execution and restore long‑term shareholder value. Actions include an advancing refresh of the Board’s composition, reflecting the Company’s commitment to strong corporate governance, oversight, expertise, and transparent shareholder engagement. Accordingly, the Board is pleased to nominate the following two new directors:

Jacqueline Moss, LLB, ICD.D, GCB.D, whose deep expertise in legal, governance, strategy, corporate development, and human resources will support the Company’s focus on enhancing governance practices and legal and regulatory compliance. Jacqueline held senior executive roles at CIBC and brings significant board experience, including with RFA Financial Inc. and Minto Apartment REIT.Patrick Ens, the Company’s Chief Executive Officer, who will provide valuable management perspective on execution and risk oversight informed by his broad experience in consumer credit and lending, including as President of Capital One Canada.

In addition, the Board is pleased to express its intention to appoint Diane Sinhuber, FCPA, FCA, ICD.D, GCB.D, as a third new director following the Meeting. Diane brings vast experience in audit and finance in the financial services industry. Diane retired from the role of Senior Vice-President of Internal Audit and Transformation at TD Bank in 2022. Before joining TD Bank, Diane spent 30 years with EY Canada, of which she served as Assurance Partner, Financial Services, for 20 years. She is currently a director on the Ontario Pension Board and a former director on the board of First National Financial.

David Appel and Jason Mullins will not stand for re-election to the Board. The Board extends its appreciation for their significant contributions to the Company during periods of growth and transformation.

Additionally, Leadership and the Board, including through its committees, have undertaken a comprehensive operating review and are executing on a six‑point action plan focused on strengthening the Company’s core easyfinancial platform, enhancing credit and risk discipline, simplifying operations, improving cost efficiency, and maintaining liquidity and balance sheet flexibility. The Board is also actively engaged in overseeing management’s execution against these priorities throughout 2026.

The Company remains committed to communicating material updates relating to corporate governance matters and the six-point action plan, as appropriate.

Leading Independent Proxy Advisor Recommends Voting FOR

Lastly, Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm that provides voting recommendations to shareholders and is relied upon by major institutional investors, has released its report recommending that the Company’s shareholders vote “FOR” all resolutions outlined in the Circular to be put forward at the Meeting.

Questions? Need Help Voting?

Shareholders are encouraged to review the Circular and exercise their voting rights in advance of the Meeting. The Circular provides important information regarding the Meeting, including the matters to be voted on, voting procedures, and instructions for participating in the virtual Meeting. The Circular is available on SEDAR+ under the Company’s profile at www.sedarplus.ca, on the Company’s website at www.goeasy.com, and on a dedicated Meeting website at www.voteGSY.com.

Shareholders who have questions or require assistance with voting may contact Kingsdale Advisors, the Company’s strategic advisor, by telephone at 1‑877‑659‑1821 (toll‑free in North America) or 1‑437‑561‑5023 (call or text), or by email at contactus@kingsdaleadvisors.com. Additional information about the Meeting and voting is available at www.voteGSY.com.

About goeasy

goeasy Ltd. is a leading Canadian provider of non-prime consumer lending solutions, offering a suite of financial products through its easyfinancial, easyhome, and LendCare brands. goeasy offers unsecured and secured instalment loans, point-of-sale financing, and lease-to-own merchandise through its omni-channel model, which spans online, mobile, and hundreds of locations nationwide.

Driven by its team members’ dedication to expand access to credit for underserved communities and helping customers strengthen their financial futures, goeasy has proudly served more than 1.6 million customers while building an award-winning culture. Shares of goeasy Ltd. are listed on the Toronto Stock Exchange (TSX) under the symbol GSY. For more information, visit www.goeasy.com.

For investor inquiries, contact:

James Obright
Senior Vice President, Investor Relations & Capital Markets
investor_relations@goeasy.com  

For media inquiries, contact:

mediainquiries@goeasy.com

Cautionary Information Regarding Forward-Looking Statements

This press release includes forward-looking statements about the Company, including, but not limited to, statements with respect to the Company’s six-point action plan, including its implementation and the Company’s priorities with respect thereto, and the Company’s intention to appoint an additional new director following the Meeting. Forward-looking statements include statements that do not refer to historical facts, that are predictive in nature, depend upon or refer to future events or conditions, and/or can be identified by the use of words such as “expect”, “continue”, “anticipate”, “intend”, “aim”, “plan”, “believe”, “budget”, “estimate”, “forecast”, “foresee”, “target” or negative versions thereof and similar expressions, and/or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.

Forward-looking statements are based on certain factors and assumptions, including expected growth, results of operations and business prospects and are inherently subject to, among other things, risks, uncertainties and assumptions about the Company’s operations, economic factors and the industry generally. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those expressed or implied by forward-looking statements made by the Company. Some important factors that could cause actual results to differ materially from those expressed in the forward-looking statements include, but are not limited to, the Company’s ability to enter into new lease and/or financing agreements, collect on existing lease and/or financing agreements, manage credit risk, open new locations on favourable terms, offer products which appeal to customers at a competitive rate, respond to changes in legislation, react to uncertainties related to regulatory action, raise capital under favourable terms, compete, manage the impact of litigation (including shareholder litigation), control costs at all levels of the organization and maintain and enhance the system of internal controls. The Company cautions that the foregoing list is not exhaustive. These and other factors could cause actual results to differ materially from the expectations expressed in the forward-looking statements. Further details and descriptions of these and other factors that could cause the Company’s actual results to differ materially from those expressed in the forward-looking statements are disclosed in the Company’s filings with the Canadian securities regulators, including the Company’s Annual Information Form and Management’s Discussion and Analysis for the year ended December 31, 2025, each of which is available on SEDAR+ at www.sedarplus.ca. The risks and uncertainties described in the Company’s filings are not the only ones that could affect the Company. Additional risks and uncertainties not currently known to management or that may currently not be considered material by management, could nevertheless also have an adverse effect on the Company’s business.

The reader is cautioned to consider these, and other factors carefully and not to place undue reliance on forward-looking statements, which may not be appropriate for other purposes. The Company is under no obligation (and expressly disclaims any such obligation) to update or alter the forward-looking statements, whether as a result of new information, future events or otherwise, unless required by law.

SOURCE goeasy Ltd

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

CUPERTINO, Calif., April 27, 2026 /CNW/ – (TSXV: BWLK) (OTCQB: BWLKF) – Boardwalktech Software Corp. (“Boardwalktech” or the “Company”), a leading provider of patented digital ledger and AI-enabled enterprise software solutions for intelligent information management, today announced that it has closed an additional tranche (the “Second Tranche”) of its non-brokered private placement (the “Offering”) of units of the Company (each, a “Unit”) at a price of C$0.035 per Unit. Under the Second Tranche, the Company issued 31,905,286 Units for gross proceeds of C$1,116,685, bringing the total gross proceeds of this Offering to C$1,500,000. Each Unit consists of one common share (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one Common Share at an exercise price of C$0.05 for a period of two years from the date of issuance.

Certain finders in the Second Tranche received 8% cash and 8% non-transferable finder’s warrants exercisable for common shares of the Company at C$0.05 per share for two years, for an aggregate of 2,001,142 finder’s warrants and C$66,040 cash commissions paid in the Second Tranche.

Insiders of the Company participated in both the First and Second Tranche for an aggregate of 3,080,000 Units for a total of C$118,685. Such participation will constitute a “related party transaction” as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and the Company will rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities purchased by insiders, nor the consideration for the securities paid by such insiders, will exceed 25% of the Issuer’s market capitalization.

The Company intends to use the net proceeds from the Offering in connection with general corporate purposes.

Completion of the Offering is subject to the final approval of the TSX Venture Exchange. The Units were issued pursuant to exemptions from the prospectus requirements in accordance with National Instrument 45-106 respecting Prospectus Exemptions. The securities issued pursuant to the Offering are subject to a hold period of four months plus one day from the date of issuance.

The Units have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the “United States” or “U.S. persons” (as such terms are defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and all applicable U.S. state securities laws or compliance with an exemption from such registration requirements. This press release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification or registration under the securities laws of such jurisdiction.

The Company also announces that it has renewed its engagement with Sophic Capital Inc. (“Sophic Capital”) as its investor relations partner under a new agreement dated April 19, 2026. Sophic Capital is a comprehensive capital markets advisory firm specializing in small-cap growth companies.

Pursuant to the agreement between the Company and Sophic Capital (the “Agreement”), Sophic will receive $8,000 per month for a term of 12 months. In addition, Boardwalktech has granted the firm options to purchase up to 700,000 common shares at a price of $0.05 per share. The options vest quarterly in four equal tranches of 175,000 and expire on the earlier of (i) 90 days after the termination of the engagement, or (ii) April 19, 2031. The options are governed by the provisions of Boardwalktech’s’ stock option plan and the policies of the TSX Venture Exchange (TSXV).

About Boardwalktech Software Corp.
Boardwalktech has developed a patented digital ledger and AI technology platform used by Fortune 500 companies to power mission‑critical enterprise applications. The platform enables multiple parties to work simultaneously on the same data while preserving full data integrity, provenance, and auditability. Boardwalktech delivers purpose‑built enterprise applications with deep integration into systems of record, significantly faster than traditional software platforms. The Company is headquartered in Cupertino, California, with offices in India and operations across North America. For more information, visit www.boardwalktech.com.

Forward‑Looking Information
This press release contains certain “forward-looking information” within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and statements are not representative of historical facts or information or current condition, but instead represent only the Company’s beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company’s control. Generally, such forward-looking information or statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or may contain statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “will continue”, “will occur” or “will be achieved”. The forward-looking information contained herein may include, but is not limited to, information concerning the completion of the upsized portion of the Offering and the use of the proceeds raised thereunder.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.

An investment in securities of the Company is speculative and subject to several risks including, without limitation, the risks discussed under the heading “Risk Factors” in the Company’s MD&A dated February 26, 2026. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts
Andy Duncan, CEO
Boardwalktech Software Corp.
andy.duncan@boardwalktech.com
(650) 245-2050

Sean Peasgood
Investor Relations – Sophic Capital
sean@sophiccapital.com
(647) 837‑3357

SOURCE Boardwalktech Software Corp.