TORONTO, Canada – October 6, 2025 — TheNewswire - SPARC AI Inc. (the “Company”) (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) is pleased to announce it closed its non-brokered private placement (the “Offering”) and has issued 1,572,976 Units (each, a “Unit”), at a price of $0.21 per Unit, for gross proceeds of $330,325.  The Company received net proceeds of $311,899 after finder’s fees of $18,426 were paid, and 125,838 finders’ warrants were issued, in connection with closing of the Offering.  The finders’ ...

Core Viewpoint - SPARC AI Inc. has increased its non-brokered private placement by 10% to 1,571,428 units, raising gross proceeds up to $330,000 due to investor interest [1][2]. Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing purchase of a common share at $0.28 within 36 months [2]. - If the closing price of the common shares exceeds $1.00 for ten consecutive trading days, the company may accelerate the expiry date of the warrants [2]. - The offering will be available to Canadian residents (except Quebec) and accredited investors, with specific exemptions under National Instrument 45-106 [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the development of the Target Acquisition System, including new features for defense applications, product marketing, tradeshows, demonstrations, and general corporate purposes [3]. Group 3: Company Overview - SPARC AI Inc. specializes in high-tech solutions for GPS-denied environments, focusing on enhancing perception and awareness through innovative systems for drones [6].

Core Points - SPARC AI Inc. has granted incentive stock options to consultants for the purchase of 200,000 common shares at an exercise price of $0.27 per share, which are exercisable for a period of 12 months, expiring on September 16, 2026 [1] Company Overview - SPARC AI designs and develops advanced technology solutions for environments where GPS is unavailable, enhancing perception and awareness [2] - The company has created an innovative Target Acquisition System and Autonomous Flight solution for drones that do not rely on GPS, satellite, lidar, radar, image recognition, or other complex hardware or software [2]

Core Viewpoint - SPARC AI Inc. is conducting a non-brokered private placement to raise up to $300,000 through the sale of 1,428,570 units at a price of $0.21 per unit [1][2] Group 1: Offering Details - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at $0.28 within thirty-six months after the offering's closing date [2] - If the closing price of the common shares exceeds $1.00 for ten consecutive trading days, the company may accelerate the expiry date of the warrants [2] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to the development of the Target Acquisition System, including new features for defense applications, product marketing, tradeshows, demonstrations, and general corporate purposes [3] Group 3: Regulatory Compliance - The offering will comply with National Instrument 45-106, with 952,380 units available to Canadian residents (excluding Quebec) under the Listed Issuer Financing Exemption, and 476,190 units available to accredited investors in eligible jurisdictions [4] - Securities under the Listed Issuer Financing Exemption will not have a hold period, while those under the Accredited Investor Exemption will be subject to a four-month-and-one-day hold period [4] Group 4: Company Overview - SPARC AI Inc. specializes in high-tech solutions for GPS-denied environments, focusing on enhancing perception and awareness through its innovative Target Acquisition System and Autonomous Flight solution for drones [6]

Core Viewpoint - SPARC AI INC. has successfully closed a non-brokered private placement offering, raising $200,000 in gross proceeds to support its operations and growth initiatives [1][2]. Group 1: Private Placement Details - The company issued 1,333,334 units at a price of $0.15 per unit, resulting in net proceeds of $192,000 after expenses [1]. - Each unit consists of one common share and one warrant, allowing the purchase of an additional common share at the same price for a period of twelve months [2]. - The closing date for the issuance of the securities is set for August 1, 2025, with a statutory hold period expiring on December 2, 2025 [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards funding sales and marketing activities as well as general working capital [2]. Group 3: CEO Investment and Oversubscription - CEO Anoosh Manzoori personally invested $100,000 by subscribing to 666,667 shares, indicating strong insider confidence [1]. - Due to oversubscription, the company will not require a previously planned loan of $225,000 from the CEO [4]. Group 4: Company Overview - SPARC AI specializes in developing high-tech solutions for environments where GPS is unavailable, focusing on enhancing perception and awareness [5]. - The company has created an innovative Target Acquisition System and Autonomous Flight solution for drones that do not rely on GPS or other complex technologies [5].