Miivo Announces $3.75 Million Unit Financing with Overallotment Option

Core Viewpoint - Miivo Holdings Corp. is initiating a non-brokered private placement financing to raise up to $3,750,000 through the sale of 7,500,000 units at $0.50 per unit, aimed at expanding its AI-powered financial management platform for small and medium-sized enterprises (SMEs) [1][2]. Group 1: Financing Details - The offering consists of units priced at $0.50 each, with each unit comprising one common share and one-half of a share purchase warrant, allowing the purchase of additional shares at $0.75 for 18 months [1]. - The company may sell an additional 500,000 units, potentially increasing total gross proceeds to $4,000,000 [2]. - Proceeds will be used for marketing the AI CFO platform and general working capital [2]. Group 2: Product and Market Strategy - Miivo's AI CFO platform is currently in beta testing in the UAE and India, receiving positive feedback and leading to a growing user base of over 1,000 since its launch in November 2025 [3]. - The company plans to aggressively target the multibillion-dollar SME market in North America, emphasizing the accessibility of enterprise-grade financial intelligence for SMEs [3]. - The platform offers a "freemium" model alongside two paid subscription packages, aiming to enhance user adoption and revenue growth [3]. Group 3: Company Overview - Miivo Holdings Corp. focuses on transforming financial intelligence access for SMEs through AI, providing insights that help optimize operations and improve financial performance [6]. - The leadership team has extensive experience in technology and AI, positioning the company at the forefront of the expanding AI SaaS market for SME solutions [6].