Core Viewpoint - Fobi AI Inc. has received a partial revocation order from the British Columbia Securities Commission, allowing the company to proceed with a non-brokered private placement financing to raise up to C$1,500,000 [1][2] Group 1: Offering Details - The company plans to offer up to 30,000,000 units at a price of C$0.05 per unit, with each unit consisting of one common share and one share purchase warrant [1] - Each warrant will be exercisable to acquire an additional share at C$0.10 for 36 months from issuance [1] - The offering is expected to close around January 12, 2026, subject to necessary approvals [4] Group 2: Use of Proceeds - Proceeds from the offering will be allocated to accounting, audit, and legal fees for preparing continuous disclosure documents, filing fees for obtaining the revocation orders, employee salaries, operational expenses, and finder's fees [2] Group 3: Finder's Fees - The company may pay a cash commission of up to 7% of the gross proceeds to finders and may issue broker warrants of up to 7% of the units sold [3] Group 4: Regulatory Context - The common shares will remain subject to the cease trade order until a full revocation is granted, and the partial revocation does not guarantee future full revocation [5] - The securities will not be registered under U.S. securities laws and cannot be offered or sold in the U.S. without registration or an exemption [6] Group 5: Company Overview - Fobi AI Inc. specializes in data and AI technology, facilitating digital transformation through real-time data and mobile-wallet engagement across various industries [7]