Humanoid Global Announces $2.0 Million Special Warrant Financing

Core Viewpoint - Humanoid Global Holdings Corp. is initiating a non-brokered private placement of up to 2,500,000 special warrants at a price of $0.80 each, aiming for gross proceeds of up to $2,000,000 to support its portfolio in humanoid robotics and embodied AI [2][5]. Group 1: Offering Details - The special warrants will convert into units consisting of one common share and one transferable common share purchase warrant, with the warrant allowing the purchase of a share at $1.20 for 24 months [3][6]. - The conversion of special warrants will occur automatically under specific conditions, including the filing of a prospectus supplement or after a four-month hold period [4][5]. - The offering is subject to customary conditions, including regulatory approvals, and may close in multiple tranches without a minimum subscription amount [8]. Group 2: Use of Proceeds and Strategic Intent - The net proceeds from the offering will be utilized for general working capital purposes, enhancing the company's ability to support its partner companies in scaling and innovating [8]. - The CEO emphasized that this capital infusion will accelerate the company's portfolio and provide strategic support to capture market leadership in the humanoid robotics and AI sector [5]. Group 3: Insider Participation and Regulatory Compliance - Insiders of the company may participate in the offering, which will be considered a related party transaction, relying on exemptions from formal valuation and minority shareholder approval requirements [9]. - The special warrants will be issued under exemptions from prospectus requirements, including those for accredited investors and minimum investment thresholds [7].