ImagineAR Announces $700,000 Non-Brokered Private Placement

Core Viewpoint - ImagineAR Inc. is conducting a non-brokered private placement financing to raise up to $700,000 by offering 23,333,333 Units at a price of $0.03 per Unit [1][2] Group 1: Financing Details - Each Unit consists of one common share and one non-transferable purchase warrant, allowing the holder to purchase an additional common share at $0.05 for 36 months [2] - The offering is subject to necessary regulatory approvals, including from the Canadian Securities Exchange [2] Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated for general working capital, operations, legal expenses, and sales/marketing of products [3] Group 3: Company Overview - ImagineAR has developed an "AR-as-a-Service" platform that enables sports teams and organizations to create AR campaigns without needing programming skills [6] - The platform allows users to engage with interactive content through mobile devices, integrating real-time analytics to track customer interactions [6]