Core Viewpoint - Anonymous Intelligence Company Inc. is extending the closing date and increasing the size of its non-brokered private placement under the Listed Issuer Financing Exemption to accommodate additional investor demand [2][3] Group 1: Offering Details - The closing date of the LIFE Offering is extended to November 24, 2025, with an increase in size by $200,000 [2][3] - The LIFE Offering now consists of up to 2,500,000 units priced at $0.20 per unit, aiming for gross proceeds of up to $500,000, with an over-allotment option for an additional 1,125,000 units for gross proceeds of up to $225,000, totaling potential proceeds of $725,000 [4] - Each unit includes one common share and one purchase warrant, with the warrant allowing the holder to acquire an additional common share at an exercise price of $0.25 for 24 months [5] Group 2: Use of Proceeds - The net proceeds from the LIFE Offering will be allocated for product development, marketing, rebranding, investor communications, cryptocurrency initiatives, and general administrative expenses [7] Group 3: Regulatory and Insider Participation - The LIFE Offering is conducted under the Listed Issuer Financing Exemption, and securities issued will not have resale restrictions under Canadian securities laws [6] - Certain insiders may participate in the LIFE Offering, which will be considered a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [8] - Completion of the LIFE Offering is subject to final approval from the Canadian Securities Exchange [9]
Anonymous Announces Further Extension and Increase to Life Offering