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BrandPilot Ai Announces Upsizing of Private Placement to $1,100,000
Newsfileยท2025-09-02 18:07

Core Points - BrandPilot AI Inc. has increased the size of its non-brokered private placement from $750,000 to $1,100,000 due to strong market demand, issuing a total of 44,000,000 units at a price of $0.025 per unit [1][3] - Each unit consists of one common share and one purchase warrant, with the warrants exercisable at $0.05 after 60 days and before the fifth anniversary of issuance [1] - The company plans to use the proceeds for general corporate expenses and working capital [2] Company Strategy - The CEO of BrandPilot stated that the strong demand reflects growing confidence in the company's strategy and product portfolio, aiming to strengthen the balance sheet and accelerate commercialization [3] - The company is focused on deepening client relationships and capturing market share to create long-term value for shareholders [3] Offering Details - The offering is expected to close around September 4, 2025, subject to regulatory approvals and acceptance by the Canadian Securities Exchange [4] - The units are offered under the Listed Issuer Financing Exemption, and the securities will not be subject to a hold period under Canadian securities laws [5][6] - Insiders may participate in the offering, which will be considered a related party transaction, and the company intends to rely on exemptions from formal valuation and minority shareholder approval requirements [7] Financial Aspects - The company may pay finders' fees in cash or securities in connection with the upsized offering, as permitted by CSE policies [8] - BrandPilot AI Inc. specializes in performance marketing technology, leveraging AI and data analytics to provide innovative solutions for global enterprise brands [9]