Hypercharge Announces Brokered LIFE Offering of Units for Gross Proceeds of up to $4 Million

Core Viewpoint - Hypercharge Networks Corp. has announced a private placement offering to raise between $2 million and $4 million through the sale of units priced at $0.10 each, aimed at supporting general working capital and corporate purposes [1][5]. Group 1: Offering Details - The offering consists of units, each comprising one common share and one-half of a common share purchase warrant, with the warrant allowing the purchase of an additional common share at $0.12 for two years [2]. - The offering aims for minimum gross proceeds of $2 million from 20 million units and maximum gross proceeds of $4 million from 40 million units [1]. - The offering will be conducted under the "listed issuer financing exemption" in Canada and may also be available in the U.S. and other jurisdictions [3]. Group 2: Financial Terms - A cash commission of 6% of the gross proceeds will be paid to the agents, along with broker warrants equal to 6% of the units sold [6]. - The closing of the offering is expected around October 31, 2025, pending necessary regulatory approvals [7]. Group 3: Company Overview - Hypercharge Networks Corp. is a leading provider of smart electric vehicle charging solutions, focusing on accelerating EV adoption and supporting a carbon-neutral economy [9].