ROCKET DOCTOR AI INC. ANNOUNCES CLOSING OF LISTED ISSUER FINANCING EXEMPTION (LIFE) PRIVATE PLACEMENT OF UNITS

Core Viewpoint - Rocket Doctor AI Inc. has successfully closed a non-brokered private placement, raising approximately C$5,200,000 through the issuance of 7,428,571 units at C$0.70 per unit, which will support the company's growth strategy, particularly in the U.S. market [1][2]. Group 1: Offering Details - The offering consisted of units, each comprising one common share and one warrant, with warrants exercisable at C$0.85 until January 22, 2027 [2]. - The offering was completed under the listed issuer financing exemption, meaning the securities are not subject to a hold period under Canadian securities laws [3]. - The company paid a cash commission of C$198,800 to finders and issued 284,000 non-transferrable warrants, also exercisable at C$0.85 until January 22, 2027 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards digital marketing, customer acquisition, operating and administrative expenses, research and development, and general working capital [5]. Group 3: Company Overview - Rocket Doctor AI Inc. provides AI-powered healthcare solutions aimed at improving access to quality healthcare throughout the patient journey, leveraging a clinically validated decision support system [7]. - The company has empowered over 300 MDs to manage more than 700,000 patient visits, enhancing efficiency and expanding patient access to care [8]. - The technology aims to reduce administrative burdens and improve physician-patient interactions, particularly targeting underserved communities in Canada and supporting patients on Medicaid and Medicare in the U.S. [9][10].