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Humanoid Global Announces Closing of Private Placement
Globenewswireยท2025-07-24 22:30

Core Points - Humanoid Global Holdings Corp. has completed a non-brokered private placement, issuing 10,500,000 units at $0.30 per unit, resulting in gross proceeds of $3,150,000 [1][2] - Each unit consists of one common share and one transferable common share purchase warrant, with warrants priced at $0.35 for a period of 24 months [2] - The proceeds from the offering will be used for corporate development, marketing, and general working capital [4] - The CEO of Humanoid Global emphasized the importance of this private placement for exploring new investment opportunities in humanoid robotics [5] - The company has also granted 150,000 incentive stock options and 150,000 restricted share units to an officer, with options exercisable at $0.61 for five years [6] Financial Details - The total gross proceeds from the private placement amount to $3,150,000 [1] - Finder's fees paid in connection with the offering totaled $161,903.70 in cash and 574,702 common share purchase warrants [3] - Each Finder's Warrant is also exercisable at $0.35 for a period of 24 months [3] Company Overview - Humanoid Global Holdings Corp. focuses on supporting innovative companies in sectors such as e-sports, Artificial Intelligence, Blockchain, and Web3 [8]