FRX Polymers, Inc. entered into a non-binding letter of intent to acquire Good2GoRTO Corp. in a reverse merger transaction on August 3, 2021. FRX Polymers, Inc. entered into a business combination agreement to acquire Good2GoRTO Corp. in a reverse merger transaction on November 2, 2021. Under the transaction, all of the issued and outstanding common shares of FRX will be exchanged for Post Consolidated G2GRTO Shares at an exchange ratio to be set out in the Definitive Agreement. As part of the business combination agreement, each FRX shareholder (other than G2G) that (x) either is a U.S. accredited investor or a non U.S. shareholder shall receive 1.3398 fully paid and nonassessable G2G shares in exchange for each FRX share held, and each FRX shareholder who is a U.S. non-accredited investor shall receive an amount of cash equal to CAD 1.3398 (the “Per Share Closing Cash Consideration”) in exchange for each FRX Share held. Upon completion of the transaction and excluding the Resulting Issuer Shares issued pursuant to the Concurrent Financing, it is anticipated that FRX shareholders will own approximately 97.9% of the issued and outstanding Resulting Issuer Shares, and Good2GoRTO's shareholders will own approximately 2.1% of the issued and outstanding resulting issuer shares. It is intended that any outstanding stock options and warrants of FRX and Good2GoRTO will be exercisable for comparable securities of the Resulting Issuer on the same economic terms. The transaction will be structured by way of an amalgamation, arrangement, takeover bid or other similar form of transaction, which will result in FRX (or a successor corporation, as the case may be) becoming a wholly-owned subsidiary of Good2GoRTO. As part of business combination agreement, the security holders of FRX and Finco will hold approximately 84,784,718 resulting issuer shares, representing approximately 84.6% of the resulting issuer shares, whereas the current shareholders of G2G will hold 1,657,143 resulting issuer shares representing approximately 1.7% of the outstanding Resulting Issuer Shares. Investors in the private placement will hold 13,000,000 resulting issuer shares representing approximately 13.0% of the outstanding resulting issuer shares and the Finders will hold 763,063 resulting issuer shares representing approximately 0.7% of the outstanding resulting issuer shares. The Offering (plus the gross proceeds from the Brokered Offerings (as defined below) shall be for a minimum of CAD 5 million and a maximum of CAD 15 million.

In connection with the Proposed Transaction, G2G will consolidate its shares on a 3.5 to 1 basis immediately prior to the closing of the proposed transaction. As a result of the transaction, the Resulting Issuer will indirectly carry on the business of FRX and will change the Resulting Issuer's name to "FRX Innovations Inc.". The Resulting Issuer will continue FRX's business in the flame-retardant product industry and be listed on the TSXV as a Tier 1 Industrial Issuer, subject to TSXV approval. Resulting Issuer Shares and Resulting Issuer Warrants to commence trading on the TSXV under the symbol “FRXI”. Upon completion, the current directors of Good2GoRTO (other than James Cassina) will resign and be replaced by the nominees of FRX and Good2GoRTO in accordance with corporate law and with the approval of the TSXV. It is expected that the board of directors of the Resulting Issuer on Closing will be comprised of up to seven suitable nominees with one director nominated by Good2GoRTO, with the consent of FRX and the remaining six directors nominated by FRX. Following closing the merger, the board of directors of G2G shall consist of seven directors: Ross Haghighat, James Cassina, Frank Hallam, Bernhard Mohr, Marc-Andre Lebel, Ekaterina Terskin and Fanglu Wang. Marc-Andre Lebel as Chief Executive Officer and Mark Lotz as Chief Financial Officer.

The transaction is subject to satisfactory completion of due diligence, execution of the Definitive Agreement, G2G Shareholders shall have approved the adoption of the G2G Equity Compensation Plan, completion of the Concurrent Financing, receipt of annual and interim financial statements from both Good2GoRTO and FRX, all convertible securities and debt of FRX will have been converted by or automatically convert on closing, execution of lock-up and leak-out agreement, receipt of all director, shareholder (if necessary) and requisite regulatory approvals, including the acceptance of the TSXV. As of February 3, 2022, private placement in connection with transaction has been completed. As of March 31, 2022, TSX Venture Exchange conditionally approved the transaction. As of March 31, 2022, transaction is expected to close in April 2022.

Odyssey Trust Company acted as transfer agent to Good2GoRTO. Melinda Park of Borden Ladner Gervais LLP and Michael H. Bison of Goodwin Procter LLP acted as legal advisors to FRX Polymers. Michael Dolphin of WeirFoulds LLP acted as legal advisor to Good2GoRTO.