Core Insights - ACG Packaging Materials' Shirwal site has been recognized by the World Economic Forum's Global Lighthouse Network for its advanced digital transformation [1][3] - This is ACG's second facility to receive such recognition, following the Pithampur capsules plant in 2023 [1] - The transformation at the Shirwal plant involved technologies such as generative AI, machine learning, deep learning, IIoT, and digital twin technologies [1] Performance Outcomes - The digital transformation led to a 40% reduction in lead times [2] - There was a 71% decrease in defects reported [2] - Energy usage was reduced by 31% [2] - Full on-time deliveries improved by 34% [2] Industry Context - The Global Lighthouse Network, initiated by the World Economic Forum in collaboration with McKinsey & Company, recognizes manufacturing sites that excel in productivity, supply chain resilience, sustainability, talent development, and customer focus [3] - Kiva Allgood from the World Economic Forum emphasized that modern competitiveness is defined by the ability to adapt and respond quickly, highlighting the importance of intelligence-led operations [4] Company Commitment - ACG operates in 138 countries across six continents, showcasing its global reach [5] - The CEO of ACG Packaging Materials, S R Shivshankar, stated that the recognition reflects the commitment of the Shirwal team to integrate advanced digital technologies into manufacturing operations, enhancing quality, productivity, and sustainability [5]

Core Viewpoint - Edge Total Intelligence Inc. successfully closed a private placement of convertible debentures, raising US$8,010,000, exceeding initial expectations and marking a significant milestone for the company [1][2][15] Financing Details - The offering consisted of 8,010 units priced at US$1,000 each, resulting in total gross proceeds of US$8,010,000, surpassing the previously announced 7,250 units [2] - Each Debenture Unit includes one unsecured convertible debenture of US$1,000 and 675 subordinate voting share purchase warrants [3] - 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 [5] Strategic Implications - The financing is expected to strengthen the company's capital position, enabling acceleration in business development and customer adoption of intelligent automation solutions [4] - The company has completed three non-brokered financings and signed a binding agreement for a strategic transaction with Austal Ltd., indicating ongoing momentum in its strategic plan [4][16] Conversion and Warrant Details - Upon a Trigger Event, accrued principal and interest on the Debentures will convert into shares at a 10% discount to the volume-weighted average price on a US Exchange [6] - Each Warrant allows the holder to acquire one subordinate voting share at C$2.00, with potential acceleration of expiration based on share price performance [7] Regulatory and Compliance Aspects - The closing of the offering is subject to necessary regulatory approvals, including conditional approval from the TSX Venture Exchange [9] - The company will pay the placement agent cash commissions of up to 8% on gross proceeds and issue compensation warrants [10] Company Overview - Edge Total Intelligence Inc. provides real-time situational intelligence and digital twin technologies, aiming to enhance decision-making across various sectors [13]