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Anonymous Announces Further Extension and Increase to Life Offering
Thenewswire· 2025-11-10 14:00
Core Viewpoint - Anonymous Intelligence Company Inc. is extending the closing date and increasing the size of its non-brokered private placement under the Listed Issuer Financing Exemption to accommodate additional investor demand [2][3] Group 1: Offering Details - The closing date of the LIFE Offering is extended to November 24, 2025, with an increase in size by $200,000 [2][3] - The LIFE Offering now consists of up to 2,500,000 units priced at $0.20 per unit, aiming for gross proceeds of up to $500,000, with an over-allotment option for an additional 1,125,000 units for gross proceeds of up to $225,000, totaling potential proceeds of $725,000 [4] - Each unit includes one common share and one purchase warrant, with the warrant allowing the holder to acquire an additional common share at an exercise price of $0.25 for 24 months [5] Group 2: Use of Proceeds - The net proceeds from the LIFE Offering will be allocated for product development, marketing, rebranding, investor communications, cryptocurrency initiatives, and general administrative expenses [7] Group 3: Regulatory and Insider Participation - The LIFE Offering is conducted under the Listed Issuer Financing Exemption, and securities issued will not have resale restrictions under Canadian securities laws [6] - Certain insiders may participate in the LIFE Offering, which will be considered a related party transaction, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [8] - Completion of the LIFE Offering is subject to final approval from the Canadian Securities Exchange [9]
Anonymous Announces Extension Of Life Offering Closing Date
Thenewswire· 2025-10-28 23:40
Core Viewpoint - Anonymous Intelligence Company Inc. has received approval to extend the closing date of its non-brokered private placement under the Listed Issuer Financing Exemption to November 10, 2025, to accommodate additional investor interest [1][2]. Group 1: Offering Details - The LIFE Offering will consist of 1,750,000 units priced at $0.20 per unit, aiming for gross proceeds of $350,000, with a potential increase of up to 50% or an additional 875,000 units, bringing total gross proceeds to $525,000 [3]. - Each unit will include one common share and one common share purchase warrant, with the warrant allowing the holder to acquire an additional common share at an exercise price of $0.25 for 24 months [4]. - The offering is being conducted under the Listed Issuer Financing Exemption, and the securities issued will not have resale restrictions under Canadian securities laws [5]. Group 2: Use of Proceeds - Net proceeds from the LIFE Offering are expected to be allocated towards product development, marketing, rebranding, investor communications, cryptocurrency initiatives through the SimpliiCrypto platform, and general administrative expenses [6]. Group 3: Insider Participation - Certain insiders of the company plan to participate in the LIFE Offering, which will be classified as a "related party transaction" under Multilateral Instrument 61-101, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [7]. Group 4: Company Overview - Anonymous Intelligence Company Inc. focuses on developing decentralized network infrastructure, data storage solutions, and privacy-enhancing AI tools, aiming to empower users with confidence in technology while prioritizing privacy and data security [9][10].
Anonymous Announces Life Financing
Thenewswire· 2025-09-18 19:45
Core Viewpoint - Anonymous Intelligence Company Inc. is initiating a non-brokered private placement under the Listed Issuer Financing Exemption, aiming to raise gross proceeds of up to $525,000 for various business initiatives [1][2][4]. Group 1: Financing Details - The LIFE Financing will consist of 1,750,000 units priced at $0.20 per unit, totaling gross proceeds of $350,000, with an option to increase by 50% to 2,625,000 units for a total of $525,000 [2]. - Each unit includes one common share and one warrant, allowing the purchase of an additional common share at $0.25 for 24 months [3]. - If the common shares trade at or above $0.50 for 10 consecutive trading days, the company may accelerate the expiry of the warrants [3]. Group 2: Use of Proceeds - The net proceeds from the financing will be allocated to product development, marketing, rebranding, investor communications, cryptocurrency initiatives, and general administrative expenses [4]. Group 3: Regulatory and Closing Information - The closing of the LIFE Financing is expected around October 31, 2025, subject to regulatory approvals [7]. - The securities are offered to purchasers in Canada and certain foreign jurisdictions, exempt from a statutory hold period under applicable Canadian securities laws [6].