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ThreeD Capital Inc. Issues Early Warning Report in Connection With The Acquisition of Securities of infinitii ai inc.
Globenewswireยท 2025-11-01 00:44
Core Insights - ThreeD Capital Inc. completed a convertible debenture offering in October 2025, acquiring ownership and control of unsecured convertible debentures of infinitii ai inc., which can be converted into 5,000,000 units of the company [1] - Following the acquisition, the ownership percentage of ThreeD and the Joint Actor increased by more than 2% on a partially diluted basis [1] Summary by Sections Acquisition Details - The acquisition involved the purchase of unsecured convertible debentures, which are convertible into units consisting of common shares and warrants [1] - The total consideration for the Subject Debentures was $250,000 [4] Ownership Structure - Prior to the acquisition, ThreeD and the Joint Actor owned 1,000,000 common share purchase warrants, 1,000,000 stock options, and convertible debentures allowing them to acquire 16,665,400 common shares, representing approximately 20.2% on a partially diluted basis [2] - After the acquisition, their total holdings increased to 21,665,400 common shares and warrants, representing approximately 24.5% on a partially diluted basis [3] Company Profile - ThreeD Capital Inc. is a Canadian-based venture capital firm focused on opportunistic investments in junior resources and disruptive technologies [5] - The firm aims to invest in early-stage companies globally, providing advisory services and access to its ecosystem [5]