Route1 Announces Closing of Second and Final Tranche of Non-brokered Private Placement
RiskOn InternationalRiskOn International(US:ROI) Accessnewswire·2025-12-15 22:00

Core Viewpoint - Route1 Inc. has successfully completed the second and final tranche of its non-brokered private placement, raising additional funds to support its operations in advanced data capture technologies [1] Group 1: Financial Details - The final closing of the private placement occurred on December 15, 2025, adding 1,253,333 Units for gross proceeds of C$94,000 [1] - The first tranche of the offering was completed on November 19, 2025 [1] - Each Unit was priced at C$0.075 [1] Group 2: Company Overview - Route1 Inc. specializes in engineering and professional services, focusing on the deployment and integration of Automatic License Plate Recognition (ALPR) and other advanced data capture technologies [1] - The company's target clients include city, state, and federal first responder departments, public safety organizations, colleges and universities, and parking managers [1]