EdgeTI Closes Second Tranche of Non-Brokered Financing Raising an Aggregate of $1.67M Pursuant to Recent Offerings
Newsfile·2025-10-02 23:54

Core Points - Edge Total Intelligence Inc. has successfully closed the second tranche of its non-brokered private placement offering, raising a total of $1.67 million [1][2] - The total amount raised under the offering now stands at $1,470,393, with 1,470,393 units issued [1][2] - Each unit consists of one subordinate voting share and one purchase warrant, with the warrants exercisable at C$2.00 until October 2, 2030 [2] Financial Details - The second tranche involved the issuance of 138,930 units at a price of C$1.00 per unit, generating gross proceeds of $138,930 [1][2] - The offering is subject to a statutory hold period of four months from the date of issuance in accordance with Canadian securities laws [2] Company Information - EdgeTI provides real-time digital operations software, edgeCore™, which integrates multiple software applications and data sources into a cohesive digital experience [5] - The platform aims to enhance profitability and operational agility for global enterprises, service providers, and governments by transforming siloed systems and data [5]