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American Aires Enters into Capital Markets Advisory Agreement with Tech-Focused Sophic Capital Inc.

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American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) has entered into a capital markets advisory agreement with Sophic Capital Inc. to enhance investor awareness and communication. Sophic will provide marketing and investor relations services to expand Aires' presence in the investment community. The agreement, effective September 23, 2024, has an initial term of 12 months, renewable for 6-month periods.

As compensation, Aires will pay Sophic C$8,000 per month and grant 988,334 stock options at CAD $0.36 per share, vesting over 12 months. Sophic's team, led by CEO Sean Peasgood, brings extensive experience in technology and capital markets. This partnership aims to support Aires' vision of becoming a household brand and market leader in electromagnetic radiation protection technology.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ha stipulato un accordo di consulenza nel mercato dei capitali con Sophic Capital Inc. per migliorare la consapevolezza e la comunicazione con gli investitori. Sophic fornirà servizi di marketing e relazioni con gli investitori per espandere la presenza di Aires nella comunità degli investitori. L'accordo, efficace dal 23 settembre 2024, ha una durata iniziale di 12 mesi, rinnovabile per periodi di 6 mesi.

Come compenso, Aires pagherà a Sophic C$8,000 al mese e concederà 988,334 opzioni su azioni a CAD $0.36 per azione, che si matureranno nell'arco di 12 mesi. Il team di Sophic, guidato dall'amministratore delegato Sean Peasgood, porta un'ampia esperienza nel settore della tecnologia e dei mercati dei capitali. Questa partnership mira a supportare la visione di Aires di diventare un marchio di riferimento e un leader di mercato nella tecnologia di protezione contro le radiazioni elettromagnetiche.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ha entrado en un acuerdo de asesoría de mercados de capital con Sophic Capital Inc. para mejorar la conciencia y comunicación del inversor. Sophic proporcionará servicios de marketing y relaciones con inversores para expandir la presencia de Aires en la comunidad de inversión. El acuerdo, efectivo a partir del 23 de septiembre de 2024, tiene un término inicial de 12 meses, renovable por períodos de 6 meses.

Como compensación, Aires pagará a Sophic C$8,000 por mes y otorgará 988,334 opciones de acciones a CAD $0.36 por acción, con una vestición a lo largo de 12 meses. El equipo de Sophic, liderado por el CEO Sean Peasgood, aporta una amplia experiencia en tecnología y mercados de capital. Esta asociación tiene como objetivo apoyar la visión de Aires de convertirse en una marca de referencia y líder del mercado en tecnología de protección contra radiaciones electromagnéticas.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF)은 투자자 인식 및 커뮤니케이션을 향상시키기 위해 Sophic Capital Inc.와 자본 시장 자문 계약을 체결했습니다. Sophic은 투자자 커뮤니티에서 Aires의 존재를 확장하기 위해 마케팅 및 투자자 관계 서비스를 제공합니다. 본 계약은 2024년 9월 23일부터 유효하며, 초기 기간은 12개월로, 6개월 단위로 갱신할 수 있습니다.

보상으로, Aires는 Sophic에 C$8,000 매월 지급하며, 988,334 주식 옵션을 주당 CAD $0.36에 부여하며, 이는 12개월에 걸쳐 분배됩니다. Sophic의 팀은 CEO Sean Peasgood이 이끌며, 기술 및 자본 시장에서 폭넓은 경험을 갖추고 있습니다. 이러한 파트너십의 목표는 Aires가 전자기 방사선 보호 기술에서 가정의 브랜드이자 시장 리더가 되는 비전을 지원하는 것입니다.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) a signé un accord de conseil en marchés de capitaux avec Sophic Capital Inc. pour améliorer la sensibilisation et la communication auprès des investisseurs. Sophic fournira des services de marketing et de relations avec les investisseurs pour étendre la présence d'Aires dans la communauté des investisseurs. L'accord, effectif à partir du 23 septembre 2024, a une durée initiale de 12 mois, renouvelable par périodes de 6 mois.

En contrepartie, Aires paiera à Sophic C$8,000 par mois et accordera 988,334 options sur actions à 0,36 CAD par action, qui seront acquises sur 12 mois. L'équipe de Sophic, dirigée par le PDG Sean Peasgood, apporte une vaste expérience dans les technologies et les marchés de capitaux. Ce partenariat vise à soutenir la vision d'Aires de devenir une marque de référence et un leader du marché dans la technologie de protection contre les radiations électromagnétiques.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) hat einen Beratungsvertrag für Kapitalmärkte mit Sophic Capital Inc. abgeschlossen, um das Bewusstsein und die Kommunikation mit Investoren zu verbessern. Sophic wird Marketing- und Investorendienstleistungen anbieten, um die Präsenz von Aires in der Investmentgemeinschaft zu erweitern. Der Vertrag, der am 23. September 2024 in Kraft tritt, hat eine anfängliche Laufzeit von 12 Monaten, die in 6-Monats-Perioden verlängert werden kann.

Als Entschädigung wird Aires Sophic C$8,000 pro Monat zahlen und 988,334 Aktienoptionen zu einem Preis von 0,36 CAD pro Aktie gewähren, die über 12 Monate fällig werden. Das Team von Sophic, unter der Leitung von CEO Sean Peasgood, bringt umfangreiche Erfahrung in der Technologie und den Kapitalmärkten mit. Diese Partnerschaft zielt darauf ab, die Vision von Aires zu unterstützen, eine bekannte Marke und Marktführer im Bereich des Schutzes vor elektromagnetischer Strahlung zu werden.

Positive
  • Engagement of experienced capital markets advisory firm to enhance investor awareness
  • Potential for increased visibility and investor interest in the company
  • Stock option grant aligns Sophic's interests with company's performance
Negative
  • Additional monthly expense of C$8,000 for investor relations services
  • Potential dilution from 988,334 stock options granted to Sophic
  • Sophic's team has 50+ collective years of experience
  • Sophic has proven track record of building investor relationships in Canada & the US
  • Agreement will support vision of making Aires a household brand & dominating segment

Toronto, Ontario--(Newsfile Corp. - September 24, 2024) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ("Aires" or the "Company"), a pioneer in cutting-edge technology designed to protect against electromagnetic radiation and optimize human health, is pleased to announce that it entered into a capital markets advisory agreement (the "IR Agreement") with Sophic Capital Inc. ("Sophic"). Pursuant to the IR Agreement, Sophic will, among other things, provide the Company with marketing and investor relations services to expand investor awareness of the Company's business and to communicate with the investment community (the "Investor Relations Services").

"American Aires has made impressive strides in driving revenue and expanding its brand presence," said Sean Peasgood, CEO of Sophic Capital. "Their refined marketing strategies and extensive partner ecosystem are primed to support the Company's next stage of growth. As more people experience the tangible benefits of its innovative technology, we continue to see growing sales from both new and loyal customers. We believe the Company is well-positioned to become a market leader, enhancing lives globally through their innovative solutions. Sophic Capital is excited to collaborate with American Aires, helping shape their capital markets strategy and effectively communicate the investment thesis."

American Aires CEO, Josh Bruni, commented: "Given the successes we've demonstrated to date and our ambitious vision of building Aires into a household brand and dominating our segment, I'm very excited about partnering up with Sophic Capital. They have a credible reputation, extensive capital markets knowledge and a proven track record of building relationships with institutional investors, investment advisors and equity research teams both in Canada and the US. This is the caliber of partner that belongs by our side and that of our shareholders to help realize the long-term value we're creating."

The Investor Relations Services will include, among other things, liaising with the investment community, developing investor communication plans and presentations, introducing the Company and management of the Company to investors, assisting in the presentation of information to those potential investors, and may also include the organization of roadshows. The Investor Relations Services are expected to commence on September 23, 2024, and are expected to end on or around September 23, 2025, unless the IR Agreement is renewed. Under the IR Agreement, Aires has engaged Sophic for an initial term of twelve (12) months, which will renew for subsequent additional six (6) month terms unless canceled by either party. Either party may terminate the IR Agreement at any time after the initial six (6) month period upon providing thirty (30) days written notice to the other party.

In consideration of the Investor Relations Services, and pursuant to the terms and conditions of the IR Agreement, the Company has agreed to (i) pay Sophic a fee of C$8,000 per month, and (ii) grant Sophic 988,334 incentive stock options (the "Options") pursuant to the Company's Omnibus Long-Term Incentive Plan (the "Plan"). Each Option is exercisable to purchase one common share in the Company at an exercise price equal to CAD $0.36 per common share. The Options, 25% of which will vest every three (3) months following the date of grant, will be exercisable for a period of five (5) years from the date of grant (subject to the terms and conditions of the Plan). The Options are subject to a hold period of four (4) months and a day from the original date of grant in accordance with Canadian Securities Exchange Policy 6.

Sophic's depth of knowledge in the technology, clean technology, and industrial markets, combined with decades of experience working in the capital markets, makes Sophic a strong partner to help lower the Company's cost of capital and to accelerate growth. Sean Peasgood, the President and CEO of Sophic - located at 49 Wellington St E, Suite 500 Toronto, ON M5E 1C9 Canada and contacted at 647-957-2327 and All@SophicCapital.com - will be involved in conducting the Promotional Activity. Sophic and Sean Peasgood are arm's length from the Company.

About Sophic Capital Inc.
Sophic Capital is a Toronto-based, full-service capital markets advisory and investor relations firm for public and private growth companies that specializes in developing complete capital markets strategies for companies across all stages of development and all sectors of the market. Sophic's team collectively has more than 50 years of experience in capital markets and relevant industry sectors spanning multiple jurisdictions. The versatility and relationships Sophic brings enables them to deliver extensive, customized, and actionable strategies for early-stage growth companies.

About American Aires Inc.
American Aires Inc. is a Canadian-based nanotechnology company committed to enhancing well-being and environmental safety through science-led innovation, education, and advocacy. The company has developed a proprietary silicon-based resonator that protects against the harmful effects of electromagnetic radiation (EMR). Aires' Lifetune products target EMR emitted by consumer electronic devices such as cellphones, computers, baby monitors, and Wi-Fi, including the more powerful and rapidly expanding high-speed 5G networks. Aires is listed on the CSE under the ticker 'WIFI' and on the OTCQB under the symbol 'AAIRF'. Learn more at www.investors.airestech.com.

On behalf of the board of directors

Company Contact:
Josh Bruni, CEO

Website: www.investors.airestech.com
Email: wifi@airestech.com
Telephone: (415) 707-0102

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position, future market position, growth, innovations, global impact, business strategy, product adoption, use of proceeds, corporate vision, proposed acquisitions, strategic partnerships, joint ventures and strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at www.sedarplus.ca. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.

No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224244

FAQ

What is the stock symbol for American Aires?

American Aires trades under the stock symbols CSE: WIFI and OTCQB: AAIRF.

When does the capital markets advisory agreement with Sophic Capital begin?

The agreement with Sophic Capital is expected to commence on September 23, 2024.

How many stock options were granted to Sophic Capital by American Aires?

American Aires granted Sophic Capital 988,334 incentive stock options as part of the agreement.

What is the exercise price of the stock options granted to Sophic Capital?

The stock options granted to Sophic Capital have an exercise price of CAD $0.36 per common share.

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