The FUTR Corporation Closes $6 Million Financing

Core Points - FUTR Corporation has successfully closed the final tranche of its $6 million non-brokered private placement, bringing the total amount raised to $20 million at a price of $0.30 per Unit [1][2] Group 1: Private Placement Details - Each Unit consists of one common share and one-half warrant, with a total of 5,518,037 Units issued in the final tranche [2] - Each Warrant is exercisable to acquire one Common Share at a price of $0.45 until December 31, 2027, with an acceleration provision if the stock trades at $2.20 per share on a VWAP basis over a 10-day period [2] - Net proceeds from the offering will be allocated for general working capital and growth initiatives, including potential acquisitions [3] Group 2: Regulatory and Financial Information - The Units were offered under exemptions from prospectus requirements, and all securities issued are subject to a four-month hold period until January 13, 2026 [4] - A cash finder's fee of 7% was paid, amounting to $338,204, along with finder’s warrants of 1,127,348 [5] - The Company granted 1,110,000 incentive stock options and 2,500,000 restricted share units to certain officers and consultants, with options priced at $0.335 and vesting over five years [6] Group 3: Company Overview - FUTR's AI Agent App aims to enhance consumer financial benefits through a unique data monetization rewards system and personalized offers [8]