Rocket Doctor AI Announces $2.049 Million Gross Proceeds from Warrant Exercises

Core Viewpoint - Rocket Doctor AI Inc. has successfully exercised a significant number of common share purchase warrants, generating substantial gross proceeds, which reflects investor confidence in the company's strategy and growth plans [2][3]. Group 1: Warrant Exercise Details - A total of 3,242,030 warrants were exercised between July 5, 2024, and March 13, 2026, at a price of $0.60, resulting in gross proceeds of approximately CAD$1,945,218 [2]. - An additional 172,866 warrants were exercised from a separate issuance related to debt settlement, generating approximately CAD$103,720, bringing total gross proceeds from warrant exercises to approximately CAD$2,048,938 [2][7]. - In the three months leading up to March 13, 2026, 2,054,224 warrants were exercised, resulting in gross proceeds of approximately CAD$1,232,535 [3][7]. Group 2: Company Strategy and Vision - The CEO of Rocket Doctor AI emphasized that the exercise of warrants indicates ongoing confidence in the company's long-term vision and strategy, particularly in expanding its AI-powered healthcare platform [3]. - The proceeds from the warrant exercises will be utilized for working capital and general corporate purposes as the company continues its growth plans in the U.S. market [3][7]. - Rocket Doctor AI aims to enhance healthcare accessibility through its proprietary technology, including the Global Library of Medicine (GLM), which supports physicians in delivering high-quality care [4][6]. Group 3: Company Overview - Rocket Doctor AI Inc. provides AI-powered healthcare solutions designed to improve patient access and streamline the healthcare process [4][5]. - The company has empowered over 300 MDs to manage more than 700,000 patient visits, showcasing the effectiveness of its technology in enhancing healthcare delivery [5]. - The focus is on reaching underserved communities in Canada and supporting patients on Medicaid and Medicare in the U.S., aiming to create a more equitable healthcare system [6].