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EdgeTI Announces LIFE Offering Private Placement
LIFEaTyr Pharma(LIFE) Newsfile·2025-01-14 23:29

Core Points - Edge Total Intelligence Inc. announced a non-brokered private placement financing of up to 9,433,000 units at a price of C$0.53 per unit, aiming for gross proceeds of approximately C$4,999,490 [1] - Each unit consists of one subordinate voting share and one half of a purchase warrant, with the warrant exercisable at C$0.67 for 24 months, subject to an acceleration condition [1] - The net proceeds will be used for sales and growth programs related to the company's "Digital Twins" technology and for general working capital [4] Offering Details - The offering will be available to purchasers in Canadian provinces (excluding Quebec) under the Listed Issuer Financing Exemption, with no hold period for the securities issued [2] - The closing of the offering is contingent upon receiving necessary approvals and submitting required forms to the TSX Venture Exchange [5] Advisory Agreement - The company has entered into a financial advisory agreement with Roth Canada, Inc., which will provide strategic advisory services for a cash fee of $125,000 [7] Company Overview - Edge Total Intelligence Inc. specializes in real-time digital operations software, helping customers enhance situational awareness and accelerate actions through its edgeCore™ platform, which integrates multiple software applications and data sources into a "Digital Twin" experience [8]