Core Viewpoint - Anonymous Intelligence Company Inc. has successfully closed a non-brokered private placement, raising gross proceeds of $797,033 through the issuance of 5,313,552 units at a price of $0.15 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of an additional share at an exercise price of $0.25 for two years [2]. - The company plans to use the net proceeds for strategic investments, product development, and general working capital, expanding its technology strategy to include cryptocurrency staking, mining, blockchain technology, and the development of the ANON "Simplii Crypto" token [3][4]. Group 2: Strategic Investments - A portion of the proceeds will be invested in a globally recognized cryptocurrency company through the purchase of coins, with plans to stake the purchased cryptocurrency quarterly to generate potential revenue [4]. - Further details regarding this strategic alliance are expected to be announced in Q4 2025 or sooner [4]. Group 3: Related Party Transactions - The CEO, Denis Franks, participated in the offering, contributing $51,150, which is classified as a related party transaction under applicable regulations [8].
Anon Announces Closing Of Private Placement
Thenewswireยท2025-08-13 23:45