Core Points - Vertiqal Studios has successfully closed a non-brokered private placement of unsecured convertible debentures, raising gross proceeds of $2,298,000 [1][2] - The company targets over 50 million Gen Z and young millennial viewers monthly through its digital-channel network and video production services [1][10] - The debentures will mature on October 31, 2027, with an interest rate of 15% per annum, payable at maturity [3] - Holders of the debentures can convert them into common shares at a conversion price of $0.025 per share, starting 18 months before maturity [4] - The offering is subject to regulatory approvals and includes a four-month hold period for the issued securities [5] Company Overview - Vertiqal Studios is a leading digital strategy and creative holding company specializing in viral video production for brands [10] - The company manages over 130 channels across platforms like TikTok, Instagram, and Snapchat, producing more than 100 pieces of content daily [10] - Vertiqal Studios collaborates with major brands such as RBC, Samsung, and Coca-Cola to develop innovative advertising solutions [10]