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EdgeTI Announces Non-Brokered Proposed Private Placement of C$10,000,000 via Convertible Debenture Units
Newsfile· 2025-12-10 22:34
Core Viewpoint - Edge Total Intelligence Inc. is conducting a private placement of up to 7,250 debenture units, aiming for gross proceeds of up to US$7,250,000 [1][7] Offering Details - Each debenture unit consists of one unsecured convertible debenture of US$1,000 and 675 subordinate voting share purchase warrants [2] - The debentures will mature in three years, with interest rates of 6.00% in the first year, 8.00% in the second year, and 10.00% in the third year [3] - A make whole minimum payment of 24% non-compounded simple interest will be paid if a trigger event occurs, such as a merger resulting in shares being listed on a US exchange [3][4] Conversion and Warrant Features - Upon completion of a trigger event, accrued principal and interest will convert into shares at a 10% discount to the volume-weighted average price [4] - Each warrant allows the holder to acquire one subordinate voting share at C$2.00, with an acceleration clause if the share price exceeds US$4.00 [5] Financial Arrangements - The company will pay the agent cash commissions of up to 8% on sourced subscriptions and a 1% management fee on total gross proceeds [9] - Compensation warrants will be issued to the agent, representing up to 5% of the resulting issuer shares [9] Regulatory and Closing Information - The offering is expected to close by the end of 2025, subject to regulatory approvals, including conditional approval from the TSXV [7] - All issued debentures and warrants will be subject to a hold period under Canadian and US securities laws [10]
EdgeTI Proudly Announces Strategic Partnership with Sabel Systems to Further Fast-Track Digital Engineering for the Naval and Army Defense Industries
Newsfile· 2025-11-20 08:01
Core Insights - Edge Total Intelligence Inc. (EdgeTI) and Sabel Systems Technology Solutions, LLC have announced an expanded strategic partnership aimed at accelerating the deployment of digital engineering and operational digital-twin solutions in the defense sector [1][3][6] - The partnership is designed to help manufacturers and defense primes meet stringent government requirements, shorten acquisition timelines, and enhance proposals for government contracts [6][7] Partnership Highlights - The collaboration combines EdgeTI's edgeCore™ platform with Sabel's engineering expertise to create secure and operationally focused digital twins for defense applications [4][8] - Immediate joint activities include scoping pilot programs for naval shipyards and developing measurable KPIs related to production throughput and quality [15] Strategic Rationale - The partnership aims to deliver interoperable digital twins and production controls that can de-risk demonstrations required by program offices and integrators [6][8] - By leveraging Industry 4.0 technologies such as IoT, robotics, and AI-enabled analytics, the partnership seeks to reduce production cycle times and lower sustainment costs [8] Company Background - EdgeTI specializes in real-time digital operations and decision intelligence solutions, utilizing its edgeCore™ platform to create immersive digital twins [11] - Sabel Systems, founded in 2001, focuses on digital engineering and lifecycle solutions to enhance technology adoption and operational readiness in defense environments [10]
EdgeTI and Partners Austal USA and Sabel Systems to Showcase Advanced AI-Powered Digital Twin Capabilities at Smart Cities Connect 2025
Newsfile· 2025-11-18 08:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) is collaborating with Austal USA and Sabel Systems to showcase AI-powered Digital Twin capabilities at the Smart Cities Connect Fall Conference and Expo 2025 [1][2] - The event will feature production-ready solutions that can be implemented immediately, addressing the strong demand for Digital Twins and AI technologies in the Smart Cities community [2][3] Company Overview - EdgeTI specializes in real-time digital operations and decision intelligence solutions, utilizing its edgeCore™ platform to create immersive digital twins that enhance decision-making across various sectors [7] - The company aims to help enterprises, service providers, and governments achieve operational clarity and agility through its innovative technologies [7] Event Details - The Smart Cities Connect Fall Conference will take place from November 19th to 21st, 2025, at the Gaylord National Hotel & Convention Center, National Harbor, MD [1] - The Digital Twin Pavilion will feature multiple panels and sessions focused on leveraging AI-driven technologies for public shipyard operations and enhancing community resilience [3][4][5] Panel Discussions - Key topics include enhancing public shipyard and depot operations through AI technologies, with notable speakers from Austal and the Navy [4] - A workshop on community resilience will discuss AI-driven situational awareness, contested logistics, and infrastructure risk management [5] Industry Context - The Smart Cities initiative is evolving from a conceptual vision to practical implementations, addressing urban challenges through innovative technologies and infrastructure investments [6] - The conference aims to foster collaboration among diverse stakeholders, generating strategies for sustainable transformations in urban settings [6]
EdgeTI and Partners Austal USA and Sabel Systems to Showcase Advanced AI-Powered Digital Twin Capabilities at Defense TechConnect Innovation Summit (DTC), 2025
Newsfile· 2025-11-13 08:01
Core Insights - Edge Total Intelligence Inc. (edgeTI) is collaborating with Austal USA and Sabel Systems to showcase AI-powered Digital Twin capabilities at the Defense TechConnect Innovation Summit (DTC) 2025 [1][2] - The event will take place from November 19th to 21st at the Gaylord National Hotel & Convention Center, focusing on national defense strategy and naval shipbuilding advancements [1][7] Company Overview - EdgeTI specializes in real-time digital operations and decision intelligence solutions, aiming to help enterprises, service providers, and governments enhance their operational capabilities [8] - The company's edgeCore™ platform integrates multiple software applications and data sources into immersive digital twins, providing decision-makers with clarity and agility [8] Event Details - The Digital Twin Pavilion will feature production-ready solutions addressing various topics, including contested logistics, supply chain resilience, and cyber situational awareness [3][4] - Expert panels and sessions will be held to discuss leveraging AI-driven technologies for enhancing public shipyard and depot operations [5][6] Industry Context - The Defense TechConnect Innovation Summit unites the innovation community with the U.S. Department of Defense, focusing on national security and societal advancement [6] - The event has been running for 13 years and aims to accelerate technology solutions for military and national security challenges [7]
EdgeTI Executes Significant Contract Award with >$1.5 Trillion AUM Financial Services Firm to Empower and Scale Their Wealth Management Network
Newsfile· 2025-10-29 07:01
Core Insights - Edge Total Intelligence Inc. (EdgeTI) has secured a significant subscription agreement with a leading U.S. financial services firm that manages over $1.5 trillion in assets under management (AUM) [2][8] - The initial subscription is expected to generate annual recurring revenue (ARR) exceeding $300,000, marking a strategic milestone for the company [3][8] - The deployment of EdgeTI's edgeCore™ platform aims to enhance decision-making processes, compliance workflows, and operational efficiency within the financial services sector [4][5] Financial Impact - The contract is projected to strengthen near-term revenue visibility with an ARR of more than $300,000 [3][8] - The engagement opens pathways for upselling and cross-selling opportunities across a large advisor base and various business units, potentially increasing customer lifetime value and gross margin [5][8] Strategic Significance - This agreement validates the scalability and credibility of edgeCore™ in regulated environments, showcasing its ability to integrate data and automate workflows [4][8] - The contract represents a clear expansion strategy for EdgeTI within the wealth management network, reinforcing its market momentum in both B2B and B2G sectors [8]
EdgeTI Executes Multi-Year US$1,065,000 Contract Renewal Supporting U.S. Government Agency to Protect Environment
Newsfile· 2025-10-07 07:01
Core Insights - Edge Total Intelligence Inc. (EdgeTI) has renewed and expanded its edgeCore™ platform agreement with a U.S. government agency focused on environmental protection and restoration [1] - The edgeCore platform is recognized as a critical technology for environmental cleanup, demonstrating its capability to integrate across various operational silos and support federal and state environmental priorities [1][2] Company Overview - EdgeTI specializes in real-time digital operations and decision intelligence solutions, helping enterprises, service providers, and governments achieve complex operational goals [2] - The edgeCore platform combines multiple software applications and data sources into immersive digital twins, providing decision-makers with clarity and agility in dynamic situations [2] Financial Commitment - The contract awarded to EdgeTI is valued at approximately US$1,065,000, covering a two-year period with an option for an additional year [5] - The renewal of the contract reinforces the value of the digital twin platform to the customer, indicating strong demand in both government and enterprise sectors [5] Operational Benefits - The edgeCore platform aims to reduce costs and risks by providing secure integrations that eliminate redundant data repositories while enhancing cybersecurity [6] - It improves oversight and reporting through contextualized dashboards and digital twins, offering visibility into key performance indicators (KPIs) and project data for environmental stakeholders [6] - The platform is expanding its capabilities to include non-financial areas such as environmental, safety, and health (ESH) KPIs and milestones [6]
EdgeTI Closes Second Tranche of Non-Brokered Financing Raising an Aggregate of $1.67M Pursuant to Recent Offerings
Newsfile· 2025-10-02 23:54
Core Points - Edge Total Intelligence Inc. has successfully closed the second tranche of its non-brokered private placement offering, raising a total of $1.67 million [1][2] - The total amount raised under the offering now stands at $1,470,393, with 1,470,393 units issued [1][2] - Each unit consists of one subordinate voting share and one purchase warrant, with the warrants exercisable at C$2.00 until October 2, 2030 [2] Financial Details - The second tranche involved the issuance of 138,930 units at a price of C$1.00 per unit, generating gross proceeds of $138,930 [1][2] - The offering is subject to a statutory hold period of four months from the date of issuance in accordance with Canadian securities laws [2] Company Information - EdgeTI provides real-time digital operations software, edgeCore™, which integrates multiple software applications and data sources into a cohesive digital experience [5] - The platform aims to enhance profitability and operational agility for global enterprises, service providers, and governments by transforming siloed systems and data [5]
EdgeTI Successfully Upsizes and Closes the First Tranche of Non-Brokered Financings for Approximately $1.53MM CAD at $1.00 per Common Share and One Common Share Purchase Warrant at $2.00 for a Term of Five Years
Newsfile· 2025-09-29 21:52
Core Viewpoint - Edge Total Intelligence Inc. successfully upsized and closed the first tranche of non-brokered financings, raising approximately CAD 1.53 million at a price of CAD 1.00 per common share, along with warrants exercisable at CAD 2.00 for five years [1][2][4]. Financing Details - The company closed a non-brokered private placement offering of 200,000 units at CAD 1.00 per unit, generating gross proceeds of CAD 200,000 [2]. - Due to high demand, the size of the concurrent non-brokered private placement was increased by CAD 277,860, bringing the anticipated total to CAD 1,470,393 [3]. - The first tranche of the non-brokered offering raised gross proceeds of CAD 1,331,463, with the units subject to a four-month hold period [4][6]. Strategic Investors and Use of Proceeds - The offerings were led by strategic investors aligned with the company's long-term vision, with no finder's fees paid [5]. - Proceeds from the offerings will be used for sales and growth programs related to the company's "Digital Twins" technology, as well as general working capital and corporate expenses [6][8]. Market Position and Future Plans - The financing was completed at a premium of 42.86% to the market price of CAD 0.30, indicating strong underlying value in both Edge Total Intelligence and the defense technology sector [7]. - The company aims to potentially list its securities on the NASDAQ, which could align its valuation with comparable peers and facilitate future mergers and acquisitions [8]. Regulatory Compliance - The offerings are subject to final approval from the TSX Venture Exchange and comply with applicable Canadian securities laws [11].
EdgeTI Announces Strategic Financing at C$1.00 per Common Equity with a C$2.00 Five Year Warrant Financing on Non-Brokered Private Placements of Units for up-to $1.4 Million
Newsfile· 2025-09-23 04:03
Core Viewpoint - Edge Total Intelligence Inc. (edgeTI) has announced a non-brokered private placement financing, indicating strong investor confidence and a strategic move towards a potential NASDAQ listing, aimed at enhancing defense technology capabilities [3][5][6] Financing Details - The LIFE Offering consists of up to 200,000 units priced at C$1.00 per unit, with a total gross proceeds target of C$200,000 [1][4] - A concurrent Non-Brokered Offering aims to raise an additional $1,192,533 through the issuance of 1,192,533 units at the same issue price [2][4] - Each unit includes one subordinate voting share and one purchase warrant, with the warrant exercisable at C$2.00 for five years [1][2] Strategic Goals - The company aims to strengthen defense technology capabilities for the U.S. and NATO, focusing on both offensive and defensive domains [3][5] - The financing is viewed as a critical step towards achieving a NASDAQ listing, which is expected to align the company's valuation with comparable peers and facilitate future mergers and acquisitions [5][6] Use of Proceeds - Proceeds from the offerings will be allocated to sales and growth programs related to the company's "Digital Twins" technology, as well as general working capital and corporate expenses [4][5] - The company plans to invest in marketing, partner development, and other costs associated with its growth strategy [4][5] Regulatory Compliance - The LIFE Offering will comply with Canadian securities laws, allowing units to be sold without a hold period under certain exemptions [6][8] - Related party participation in the Offering will be exempt from formal valuation and shareholder approval requirements, provided it does not exceed 25% of the company's market capitalization [8]
EdgeTI Recognized in the Gartner Hype Cycle for Defense, 2025
Newsfile· 2025-09-02 07:30
Company Overview - Edge Total Intelligence Inc. (edgeTI) has been recognized for the second consecutive year in the Gartner Hype Cycle for Defense, 2025, as a Sample Vendor in the Digital Twins category [1][4] - The company offers a digital operations software platform called edgeCore™, which integrates multiple software applications and data sources into a cohesive Digital Twin experience [7] Industry Insights - The defense landscape is being shaped by rapid technological advancements, complex geopolitical tensions, and the need for operational agility [2] - Modern defense organizations require innovative solutions to enhance operational readiness and warfighting capabilities while ensuring secure integration across multidomain environments [2] Digital Twin Technology - A digital twin is defined as a software-based model that represents the state of an asset, person, or organization, incorporating real-time data and business process logic to optimize outcomes [4] - Digital twin elements include models, data, one-to-one associations, and near-real-time monitorability, often utilizing analytics, 3D, CRM, or IoT technologies [4] Company Achievements - The CEO of edgeTI, Jim Barrett, expressed excitement over the recognition by Gartner, emphasizing the importance of agility for defense organizations to meet mission goals [4] - The company has been providing solutions to armed services for over twenty years, helping them achieve mission objectives [4]