Ynvisible Announces Non-Brokered Private Placement

Core Viewpoint - Ynvisible Interactive Inc. is conducting a non-brokered private placement financing to raise up to $2,000,000 by issuing up to 20,000,000 units at a price of $0.10 per unit, with each unit consisting of one common share and one transferable share purchase warrant [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 20,000,000 units priced at $0.10 each, aiming to raise gross proceeds of up to $2,000,000 [1]. - Each unit includes one common share and one warrant, with the warrant exercisable into an additional common share at $0.14 for three years from the closing date [1]. - Proceeds from the private placement will be allocated for working capital and general corporate purposes [2]. Group 2: Regulatory and Compliance Information - The securities issued will be subject to a statutory hold period of four months and one day from the closing date, in accordance with Canadian securities laws [2]. - Completion of the private placement is contingent upon customary closing conditions, including acceptance by the TSX Venture Exchange [2]. - Insiders of the company may participate in the private placement, which will be considered a related party transaction under Multilateral Instrument 61-101 [4]. Group 3: Company Overview - Ynvisible is innovating in the low-cost and ultra-low power display industry, utilizing sustainable electronics and roll-to-roll printing production [6]. - The company's printed e-paper displays are suitable for low-power applications such as digital signage, smart monitoring labels, and retail signage [6]. - Ynvisible possesses expertise in electrochromic materials and offers a range of services and products for smart objects and IoT applications [6].