AIML Announces Proposed Private Placement
AI/ML Innovations Inc. (AIMLF) has announced a non-brokered private placement offering of up to 40 million units at $0.05 per unit, aiming to raise gross proceeds of up to $2 million.
Each unit consists of one common share and one warrant. The warrants have a 2-year term and allow holders to purchase one common share at $0.15, with an acceleration clause if shares trade at $0.30 for 10 days. The securities will have a four-month and one-day hold period.
The company plans to use the net proceeds for working capital requirements. Finder's fees will be paid to qualified finders in cash, securities, or both. The private placement requires approval from the Canadian Securities Exchange.
AI/ML Innovations Inc. (AIMLF) ha annunciato un'offerta di collocamento privato non intermediazione di fino a 40 milioni di unità a $0,05 per unità, con l'obiettivo di raccogliere proventi lordi fino a $2 milioni.
Ogni unità è composta da un'azione comune e un warrant. I warrant hanno un termine di 2 anni e consentono ai titolari di acquistare un'azione comune a $0,15, con una clausola di accelerazione se le azioni vengono scambiate a $0,30 per 10 giorni. I titoli avranno un periodo di blocco di quattro mesi e un giorno.
L'azienda prevede di utilizzare i proventi netti per le esigenze di capitale circolante. Le commissioni per i finder saranno pagate ai finder qualificati in contante, titoli o entrambi. Il collocamento privato richiede l'approvazione della Borsa canadese valori.
AI/ML Innovations Inc. (AIMLF) ha anunciado una oferta de colocación privada no intermediada de hasta 40 millones de unidades a $0.05 por unidad, con el objetivo de recaudar ingresos brutos de hasta $2 millones.
Cada unidad consiste en una acción común y un warrant. Los warrants tienen un plazo de 2 años y permiten a los titulares comprar una acción común a $0.15, con una cláusula de aceleración si las acciones se negocian a $0.30 durante 10 días. Los valores tendrán un período de retención de cuatro meses y un día.
La empresa planea utilizar los ingresos netos para necesidades de capital de trabajo. Se pagarán comisiones a los buscadores calificados en efectivo, valores o ambos. La colocación privada requiere la aprobación de la Bolsa de Valores de Canadá.
AI/ML Innovations Inc. (AIMLF)는 중개인이 없는 사모 배급을 통해 최대 4천만 개의 유닛을 유닛당 $0.05에 제공한다고 발표했으며, 이를 통해 최대 $200만 달러의 총 수익을 목표로 하고 있습니다.
각 유닛은 하나의 보통주와 하나의 워런트로 구성됩니다. 워런트는 2년의 기간을 가지며, 보유자가 $0.15에 보통주를 구매할 수 있도록 허용합니다. 만약 주가가 10일 동안 $0.30에 거래되면 가속 조항이 적용됩니다. 이 증권은 4개월과 1일의 보유 기간이 있습니다.
회사는 순수익을 운영 자본 요구 사항에 사용할 계획입니다. 유자격 중개인에게는 현금, 증권 또는 둘 다로 수수료가 지급됩니다. 이 사모 배급은 캐나다 증권 거래소의 승인을 필요로 합니다.
AI/ML Innovations Inc. (AIMLF) a annoncé une offre de placement privé sans intermédiaire allant jusqu'à 40 millions d'unités à 0,05 $ par unité, visant à lever des produits bruts allant jusqu'à 2 millions de dollars.
Chaque unité se compose d'une action ordinaire et d'un bon de souscription. Les bons de souscription ont une durée de 2 ans et permettent aux détenteurs d'acheter une action ordinaire à 0,15 $, avec une clause d'accélération si les actions se négocient à 0,30 $ pendant 10 jours. Les titres auront une période de blocage de quatre mois et un jour.
La société prévoit d'utiliser les produits nets pour ses besoins en fonds de roulement. Des frais de recherche seront payés aux chercheurs qualifiés en espèces, en titres ou les deux. Le placement privé nécessite l'approbation de la Bourse canadienne des valeurs mobilières.
AI/ML Innovations Inc. (AIMLF) hat eine nicht vermittelte Privatplatzierungsangebot von bis zu 40 Millionen Einheiten zu je $0,05 pro Einheit angekündigt, mit dem Ziel, Bruttoeinnahmen von bis zu $2 Millionen zu erzielen.
Jede Einheit besteht aus einer Stammaktie und einem Warrant. Die Warrants haben eine Laufzeit von 2 Jahren und ermöglichen es den Inhabern, eine Stammaktie zu $0,15 zu kaufen, mit einer Beschleunigungsklausel, wenn die Aktien 10 Tage lang bei $0,30 gehandelt werden. Die Wertpapiere unterliegen einer Sperrfrist von vier Monaten und einem Tag.
Das Unternehmen plant, die Nettomittel für die Anforderungen an das Betriebskapital zu verwenden. Findergebühren werden an qualifizierte Finder in bar, Wertpapieren oder beidem gezahlt. Die Privatplatzierung erfordert die Genehmigung der kanadischen Wertpapierbörse.
- Access to $2 million in potential new working capital
- Potential dilution for existing shareholders through 40 million new units
- Additional dilution possible through warrant exercise
- Offering price of $0.05 per unit indicates relatively low valuation
VANCOUVER, BC / ACCESS Newswire / April 4, 2025 / AI/ML Innovations Inc. ("AIML" or the "Company") (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) is pleased to announce that it intends to complete a non-brokered private placement offering of up to 40,000,000 units ("Units") at a price of
Each Unit is comprised of one Common Share and one warrant which will be exercisable into one (1) Common Share of the Company (each a "Warrant"). Each Warrant will have a term of two (2) years and will entitle the holder to purchase one (1) Common Share at a price of
The Company intends to use net proceeds of the Private Placement for working capital requirements.
The Company will pay a finder's fee to qualified finders who assist in selling the Units, in cash or securities or a combination of both, as permitted by CSE policy and applicable securities laws.
The Private Placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval from the Canadian Securities Exchange.
For more information about AIML:
For detailed information please see AIML's website or the Company's filed documents at www.sedarplus.ca.
For further information, contact: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com.
About AI/ML Innovations Inc. https://aiml-innovations.com/
AIML Innovations Inc. has realigned its business operations to capitalize on the burgeoning fields of artificial intelligence: (AI) and machine learning (ML), with an initial investment focus on emerging digital health and wellbeing companies that leverage AI, ML, cloud computing and digital platforms to drive transformative healthcare management solutions and precision support delivery across the health continuum. Through its
On behalf of the Board of Directors:
Paul Duffy, Executive Chairman
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties, including with respect to the completion of the Private Placement. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of AIML, including the timing and nature of all deliverables associated with the Private Placement and whether the Private Placement will be completed as currently proposed or at all. 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.
SOURCE: AI/ML Innovations, Inc.
View the original press release on ACCESS Newswire
FAQ
What are the terms of AIMLF's private placement offering announced in April 2025?
How much money is AIMLF seeking to raise through this private placement?
What is the acceleration clause in AIMLF's warrant terms?
How will AIMLF use the proceeds from the private placement?
