AlphaGen Intelligence Corp. Closes LIFE Offering

Core Points - AlphaGen Intelligence Corp. has successfully closed a non-brokered private placement financing, issuing 3,900,000 units at a price of C$0.135 per unit, resulting in total gross proceeds of C$526,500 [1][2] - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of one share at C$0.18 for 24 months [1] - The net proceeds will be allocated for general administrative expenditures and working capital [2] Offering Details - The offering was conducted under the "listed issuer financing exemption" as per National Instrument 45-106, and the shares are not subject to hold periods under Canadian securities legislation [3] - A finder's fee of $7,492.50 was paid in connection with the offering [2] Company Overview - AlphaGen Intelligence Corp. is a publicly traded technology company focused on generative AI and 3D content production, serving sectors like entertainment, eCommerce, and retail [6] - The company operates through units such as Shape Immersive, which develops metaverse retail experiences, and MANA, a SaaS solution for community engagement [6] - Notable clients and partners include RTFKT, Olympics, Red Bull, Intel, and TED [6]