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ThreeD Capital Inc. Announces Upsize to its Private Placement Financing
Globenewswire· 2025-07-31 21:00
About ThreeD Capital Inc. ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors. ThreeD's investment strategy is to invest in multiple private and public companies across a variety of sectors globally. ThreeD seeks to invest in early stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services and access to the Company's ecosyst ...
ThreeD Capital Inc. Congratulates DeLorean on Token Launch and Web 3 Expansion
Globenewswire· 2025-06-25 11:30
Core Insights - ThreeD Capital Inc. congratulates DeLorean Labs on the launch of its digital token, $DMC, which became available for trading on June 24, 2025 [1][2] - DeLorean is relaunching as an electric vehicle company and has introduced DeLorean Labs, focusing on blockchain-based solutions and digital assets [3][4] - The $DMC token allows users to purchase DeLorean vehicles and engage in exclusive collaborations, merging culture with real-world utility [5][6] Company Developments - ThreeD Capital holds 179,560,730 $DMC tokens and 332,518 common shares in Gullwing Holdings Inc., the parent company of DeLorean Motor Company [2] - DeLorean Labs has partnered with Mysten Labs and the Sui Foundation, launching on the Sui Launchpad and selling out its pre-sale [7][9] - The company is developing a blockchain-based vehicle reservation marketplace called FLUX, which aims to enhance transparency and security in vehicle transactions [8][11] Market Positioning - DeLorean is the first automotive company to launch an official token, positioning itself as a leader in integrating blockchain technology within the automotive industry [6][9] - The $DMC token serves as a currency for cultural convergence, allowing innovative interactions with brands [6] - DeLorean's approach includes incentivizing brand loyalty through exclusive offers and collaborations, aiming to strengthen connections with enthusiasts [10]
ThreeD Capital Inc. Congratulates AI/ML Innovations Inc. On Signing LOI With Circular Health Limited to License MaxYield™
Globenewswire· 2025-06-04 11:00
Core Insights - ThreeD Capital Inc. congratulates AI/ML Innovations Inc. on signing a Letter of Intent with Circular Health Limited to integrate and license Neural Cloud's ECG signal-processing platform, MaxYield™ [1][2] - The integration phase will involve deploying MaxYield through a cloud-based API, with a target for commercial launch by September 2025 [2] - ThreeD Capital holds 20,899,200 common shares and 27,000,000 common share purchase warrants of AIML, indicating a significant investment in the company [2] Company Overview - ThreeD Capital is a Canadian-based venture capital firm focused on opportunistic investments in junior resources and disruptive technologies sectors [4] - The investment strategy includes investing in multiple private and public companies globally, particularly in early-stage promising companies [4] - The firm aims to be a lead investor and provide advisory services and access to its ecosystem for investees [4]
ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2025
Globenewswire· 2025-05-29 20:54
Core Insights - ThreeD Capital Inc. reported its unaudited financial results for the three and nine months ended March 31, 2025, highlighting a focus on opportunistic investments in junior resources and disruptive technologies sectors [1][6] - The company experienced a decline in net asset value per share, dropping to $0.53 from $0.86 as of June 30, 2024 [2] Financial Highlights - As of March 31, 2025, the company had cash, investments, and digital assets totaling $37.4 million [1] - For the three months ended March 31, 2025, net investment and digital assets losses were reported at $(5,463,310), compared to gains of $4,486,530 in the same period of 2024 [2] - Operating, general, and administrative expenses for the nine months ended March 31, 2025, were $(2,812,064), an increase from $(2,581,273) in the previous year [2] - Total comprehensive loss for the period was $(5,463,838) for the three months ended March 31, 2025, compared to a gain of $3,708,589 in the same period of 2024 [2] Consolidated Financial Position - Total assets as of March 31, 2025, were $41,016,482, down from $56,174,715 as of June 30, 2024 [3] - Total liabilities decreased significantly to $633,307 from $11,455,313 [3] - The company reported a deficit of $(116,507,660) as of March 31, 2025, compared to $(107,729,192) as of June 30, 2024 [3] Management Commentary - The Chairman and CEO noted that despite the losses, the company's portfolio remains fundamentally strong, with key investments in micropayments, artificial intelligence, and digital assets achieving significant milestones [3]
ThreeD Capital Inc. Announces Joint Operating Agreement with Sheldon Inwentash to Monetize HyperCycle Digital Assets
GlobeNewswire News Room· 2025-05-09 21:00
Core Viewpoint - ThreeD Capital Inc. has entered into a Joint Operating Agreement with its CEO Sheldon Inwentash to monetize complementary digital assets, specifically HyperCycle tokens and masternodes, aiming to generate income through the HyperCycle decentralized AI computation ecosystem [1][2]. Group 1: Agreement Details - The Joint Operating Agreement involves ThreeD contributing 6,291,456 HyperCycle tokens valued at approximately $550,000 USD, while Mr. Inwentash contributes 12 HyperCycle masternodes of equal value [2]. - Each party retains beneficial ownership of their contributed assets, with ThreeD maintaining control of the HyperCycle tokens and Mr. Inwentash retaining ownership of the masternodes, which will be temporarily managed by ThreeD for operational purposes [3]. - Revenues and expenses from the Joint Operation will be shared equally (50/50) between ThreeD and Mr. Inwentash, with an income cap of $2,000,000 CAD, at which point the operation will terminate and assets will be returned [4]. Group 2: Regulatory and Compliance Aspects - The transaction is classified as a related party transaction under Multilateral Instrument 61-101, with exemptions from formal valuation and minority approval requirements due to the transaction's value being below 25% of the Company's market capitalization [5]. - The transaction is subject to approval from the Canadian Securities Exchange [6]. Group 3: Company Overview - ThreeD Capital Inc. is a publicly-traded Canadian venture capital firm focused on opportunistic investments in junior resources and disruptive technologies, aiming to invest in early-stage companies globally [7].
ThreeD Capital Inc. Cancels Upcoming Annual and Special Meeting of Shareholders
Globenewswire· 2025-04-02 23:04
TORONTO, April 02, 2025 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that it has cancelled its Annual and Special Meeting of Shareholders (the “AGM”) originally scheduled for Tuesday, April 22, 2025 at 11:00am (Toronto time). ThreeD plans to reschedule the AGM within the next few weeks. Shareholders eligi ...