QYOU Media Completes Non-Brokered Private Placement Offering

Core Viewpoint - QYOU Media Inc. has successfully completed a Non-Brokered Private Placement Offering, raising $750,000 by issuing 25 million units at a price of $0.03 per unit [1]. Group 1: Offering Details - Each unit consists of one common share and three-quarters of a common share purchase warrant, with the warrants allowing the purchase of one common share at $0.06 until September 12, 2027 [2]. - The net proceeds from the offering will be allocated for partial repayment of loans, payment related to the acquisition of Chatterbox Technologies Limited, and for working capital and general corporate purposes [3]. - The company has paid $30,551.73 and issued Finder's Warrants to acquire up to an additional 991,711 units as finder's fees [4]. Group 2: Related Party Transactions - Directors, officers, and insiders subscribed for 3,334,000 units, which is classified as a related party transaction under Multilateral Instrument 61-101 [5]. - The private placement to related parties is exempt from formal valuation and minority approval requirements due to the market capitalization conditions being met [5]. Group 3: Regulatory and Compliance - All securities issued in the offering are subject to a four-month plus one day hold period under Canadian securities laws and require final approval from the TSX Venture Exchange [6]. - The securities have not been registered under the U.S. Securities Act and cannot be offered or sold to U.S. persons without proper registration or exemption [7]. Group 4: Company Overview - QYOU Media operates in India and the U.S., focusing on content produced by social media influencers and digital content creators [8]. - The company’s content has reached over one billion consumers, targeting millennial and Gen Z audiences [9].