Imaginear Inc - IPNFF STOCK NEWS

Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) is a Vancouver-based Augmented Reality Company focused on enabling sports teams, businesses, and organizations to create mobile phone AR campaigns. The company has raised $1,196,575 in capital in 2023, exceeding expectations. ImagineAR plans to integrate Generative AI into its Global SDK Platform and expand into new markets such as college, retail, entertainment, and casino gaming in 2024. The company is also exploring patent portfolio licensing and enforcement, with the expected filing of its audited 2023 financial statements and MD&A on SEDAR this month.

Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) Announces Partnership with Queens Park Rangers for AR Fan Engagement Campaigns

ImagineAR Inc. has closed its non-brokered private placement financing, issuing 36,700,000 Units at a price of $0.021 per Unit for gross proceeds of $770,700. Each Unit consists of one common share and one non-transferable common share purchase warrant. The net proceeds will be used for operations and sales marketing of products. Finder's fees of $6,216 will be paid, and 296,000 broker's warrants will be issued. The securities have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States.

ImagineAR announces non-brokered private placement financing of up to $600,000

ImagineAR (CSE: IP, OTCQB: IPNFF) announced a non-binding Memorandum of Understanding with a global digital publishing company for the purchase of 10 to 25 three-year SDK mobile app licenses. Expected revenue from this deal ranges between $200,000 CDN and $414,000 CDN annually for three years. This agreement builds on a successful partnership in 2022, enabling the client to deliver immersive holograms in mobile applications. ImagineAR's AR platform allows various businesses to create interactive campaigns with no programming experience.

ImagineAR (CSE: IP, OTCQB: IPNFF) announced the appointment of Steve Ziff and John Torris as Advisors to the CEO on February 23, 2023. Both executives bring extensive experience in sports marketing and partnerships, aiming to enhance Immersive AR partnerships in North America. Ziff has over 20 years of marketing experience with NFL and MLB teams, while Torris has a strong background in ticket sales and corporate partnerships. CEO Alen Paul Silverrstieen emphasized their expertise will help position ImagineAR as a leader in immersive AR solutions for sports fans and brands.

ImagineAR (CSE: IP, OTCQB: IPNFF) has announced a substantial partnership with HUMANCONTACT Inc., signing an annual SDK platform license agreement to create immersive augmented reality (AR) experiences in their mobile app. This collaboration follows a previous successful partnership for Shoppers Drug Mart in 2020 and marks a significant milestone as ImagineAR's first comprehensive React Native integration. CEO Alen Paul Silverrstieen highlighted the expanded market opportunities for the ImagineAR SDK in 2023, including another integration for the Hungarian Soccer Champion Ferencvárosi Torna Club.

ImagineAR Inc. (CSE: IP, OTCQB: IPNFF) announced its selection by SPORTFIVE Hungary KFT within the Hype Sports Innovation GVA3 Program. This partnership aims to deliver immersive augmented reality (AR) experiences integrated into the Ferencvárosi Torna Club's official mobile app, targeting a debut in Spring 2023. The project's success could lead to a multi-year SDK license agreement. CEO Alen Paul Silverrstieen expressed optimism about expanding global partnerships through this innovative initiative.