Nanalysis Announces Upsize to Private Placement and Closing of the First Tranche

Core Viewpoint - Nanalysis Scientific Corp. has successfully closed the first tranche of a non-brokered private placement, raising approximately $2.5 million through the issuance of 16,526,283 units at a price of $0.15 per unit, with plans for a second tranche in January 2026 [1][4] Group 1: Offering Details - The company has increased the size of the offering due to strong investor demand, now planning to issue an additional 23,333,333 units for gross proceeds of up to $3.5 million [2] - The proceeds from the offering will be allocated for debt reduction and magnet inventory purchases [2] - Each unit consists of one common share and one-half of a common share purchase warrant, with warrants exercisable at $0.20 per share for two years [3] Group 2: Financial Transactions - A cash commission of $1,500 was paid to Haywood Securities Inc. for the first tranche of the offering [4] - Insider Sean Krakiwsky subscribed for $52,500 under the first tranche, which is classified as a related party transaction [5] Group 3: Company Overview - Nanalysis Scientific Corp. develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers for various industries, including pharma, biotech, and security [7] - The company operates a services division with a significant contract worth $160 million with the Canadian Air Transport Security Authority to maintain security scanners at over 80 Canadian airports [7]