EdgeTI Announces Strategic Financing at C$1.00 per Common Equity with a C$2.00 Five Year Warrant Financing on Non-Brokered Private Placements of Units for up-to $1.4 Million

Core Viewpoint - Edge Total Intelligence Inc. (edgeTI) has announced a non-brokered private placement financing, indicating strong investor confidence and a strategic move towards a potential NASDAQ listing, aimed at enhancing defense technology capabilities [3][5][6] Financing Details - The LIFE Offering consists of up to 200,000 units priced at C$1.00 per unit, with a total gross proceeds target of C$200,000 [1][4] - A concurrent Non-Brokered Offering aims to raise an additional $1,192,533 through the issuance of 1,192,533 units at the same issue price [2][4] - Each unit includes one subordinate voting share and one purchase warrant, with the warrant exercisable at C$2.00 for five years [1][2] Strategic Goals - The company aims to strengthen defense technology capabilities for the U.S. and NATO, focusing on both offensive and defensive domains [3][5] - The financing is viewed as a critical step towards achieving a NASDAQ listing, which is expected to align the company's valuation with comparable peers and facilitate future mergers and acquisitions [5][6] Use of Proceeds - Proceeds from the offerings will be allocated to sales and growth programs related to the company's "Digital Twins" technology, as well as general working capital and corporate expenses [4][5] - The company plans to invest in marketing, partner development, and other costs associated with its growth strategy [4][5] Regulatory Compliance - The LIFE Offering will comply with Canadian securities laws, allowing units to be sold without a hold period under certain exemptions [6][8] - Related party participation in the Offering will be exempt from formal valuation and shareholder approval requirements, provided it does not exceed 25% of the company's market capitalization [8]