Anonymous Announces Extension Of Life Offering Closing Date

Core Viewpoint - Anonymous Intelligence Company Inc. has received approval to extend the closing date of its non-brokered private placement under the Listed Issuer Financing Exemption to November 10, 2025, to accommodate additional investor interest [1][2]. Group 1: Offering Details - The LIFE Offering will consist of 1,750,000 units priced at $0.20 per unit, aiming for gross proceeds of $350,000, with a potential increase of up to 50% or an additional 875,000 units, bringing total gross proceeds to $525,000 [3]. - Each unit will include one common share and one common share purchase warrant, with the warrant allowing the holder to acquire an additional common share at an exercise price of $0.25 for 24 months [4]. - The offering is being conducted under the Listed Issuer Financing Exemption, and the securities issued will not have resale restrictions under Canadian securities laws [5]. Group 2: Use of Proceeds - Net proceeds from the LIFE Offering are expected to be allocated towards product development, marketing, rebranding, investor communications, cryptocurrency initiatives through the SimpliiCrypto platform, and general administrative expenses [6]. Group 3: Insider Participation - Certain insiders of the company plan to participate in the LIFE Offering, which will be classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [7]. Group 4: Company Overview - Anonymous Intelligence Company Inc. focuses on developing decentralized network infrastructure, data storage solutions, and privacy-enhancing AI tools, aiming to empower users with confidence in technology while prioritizing privacy and data security [9][10].