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Predictmedix AI Announces Closing of $405,500 Second Tranche with Strong Participation from German Family Offices

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Predictmedix AI (CSE: PMED, OTC: PMEDF) has successfully closed the second tranche of its non-brokered private placement, raising $405,500 with significant participation from two German family offices. The company issued 20,275,000 units at $0.02 per unit.

Each unit comprises one common share and one purchase warrant, allowing holders to acquire an additional common share at $0.05 within 24 months. The company maintains the right to accelerate the warrant expiry if the stock's volume-weighted average trading price exceeds $0.10 for ten consecutive trading days on the CSE.

The securities issued are subject to a four-month and one-day statutory hold period, with a third and final tranche expected to close shortly.

Predictmedix AI (CSE: PMED, OTC: PMEDF) ha chiuso con successo la seconda tranche del suo collocamento privato non mediato, raccogliendo $405,500 con una significativa partecipazione di due family office tedeschi. L'azienda ha emesso 20,275,000 unità a $0.02 per unità.

Ogni unità comprende una azione ordinaria e un warrant di acquisto, che consente ai titolari di acquisire un'ulteriore azione ordinaria a $0.05 entro 24 mesi. L'azienda si riserva il diritto di accelerare la scadenza del warrant se il prezzo medio ponderato per il volume delle azioni supera $0.10 per dieci giorni di negoziazione consecutivi sulla CSE.

I titoli emessi sono soggetti a un periodo di blocco legale di quattro mesi e un giorno, con una terza e ultima tranche che si prevede chiuderà a breve.

Predictmedix AI (CSE: PMED, OTC: PMEDF) ha cerrado con éxito la segunda tranche de su colocación privada no mediada, recaudando $405,500 con una participación significativa de dos oficinas familiares alemanas. La compañía emitió 20,275,000 unidades a $0.02 por unidad.

Cada unidad comprende una acción común y un warrant de compra, que permite a los titulares adquirir una acción común adicional a $0.05 dentro de 24 meses. La empresa se reserva el derecho de acelerar la expiración del warrant si el precio promedio ponderado por volumen de las acciones supera $0.10 durante diez días de negociación consecutivos en la CSE.

Los valores emitidos están sujetos a un período de retención legal de cuatro meses y un día, con una tercera y última tranche que se espera cierre en breve.

Predictmedix AI (CSE: PMED, OTC: PMEDF)는 비중개 사모 배치의 두 번째 트랜치를 성공적으로 마감하고, 두 개의 독일 가족 사무소로부터 $405,500을 모금했습니다. 회사는 20,275,000 유닛을 유닛당 $0.02에 발행했습니다.

각 유닛은 하나의 보통주와 하나의 구매 보증서로 구성되어 있으며, 보증서 소지자는 24개월 이내에 추가 보통주를 $0.05에 취득할 수 있습니다. 회사는 주식의 거래량 가중 평균 가격이 CSE에서 10일 연속으로 $0.10를 초과할 경우 보증서 만료를 가속화할 권리를 보유합니다.

발행된 증권은 4개월 1일의 법적 보유 기간에 따라 제한되며, 세 번째이자 마지막 트랜치는 곧 마감될 것으로 예상됩니다.

Predictmedix AI (CSE: PMED, OTC: PMEDF) a réussi à clôturer la deuxième tranche de son placement privé sans intermédiaire, levant $405,500 avec une participation significative de deux bureaux familiaux allemands. La société a émis 20,275,000 unités à 0,02 $ par unité.

Chaque unité se compose d'une action ordinaire et d'un bon de souscription, permettant aux détenteurs d'acquérir une action ordinaire supplémentaire à $0.05 dans les 24 mois. La société se réserve le droit d'accélérer l'expiration du bon de souscription si le prix de négociation moyen pondéré par le volume de l'action dépasse $0.10 pendant dix jours de négociation consécutifs à la CSE.

Les titres émis sont soumis à une période de blocage légale de quatre mois et un jour, avec une troisième et dernière tranche qui devrait se clôturer sous peu.

Predictmedix AI (CSE: PMED, OTC: PMEDF) hat erfolgreich die zweite Tranche seiner nicht vermittels privaten Platzierung abgeschlossen und $405,500 mit erheblicher Beteiligung von zwei deutschen Family Offices gesammelt. Das Unternehmen hat 20,275,000 Einheiten zu je $0.02 ausgegeben.

Jede Einheit besteht aus einer Stammaktie und einem Kaufwarrant, der den Inhabern ermöglicht, innerhalb von 24 Monaten eine weitere Stammaktie zu $0.05 zu erwerben. Das Unternehmen behält sich das Recht vor, das Verfallsdatum des Warrants zu beschleunigen, wenn der volumengewichtete durchschnittliche Handelspreis der Aktie an zehn aufeinanderfolgenden Handelstagen an der CSE $0.10 übersteigt.

Die ausgegebenen Wertpapiere unterliegen einer gesetzlichen Haltedauer von vier Monaten und einem Tag, wobei eine dritte und letzte Tranche in Kürze abgeschlossen werden soll.

Positive
  • Successful fundraising of $405,500 strengthens company's financial position
  • Strategic investment from German family offices indicates growing institutional confidence
  • International expansion of investor base into European markets
Negative
  • Significant dilution with 20,275,000 new units issued
  • Low unit price of $0.02 suggests weak market valuation
  • Additional dilution possible with warrant exercise at $0.05

TORONTO--(BUSINESS WIRE)-- Predictmedix AI Inc. (CSE: PMED) (OTC: PMEDF) (FRA: 3QP) ("Predictmedix" or the "Company"), a leading provider in AI-powered health screening solutions, is pleased to announce the successful closing of the second tranche of its non-brokered private placement, raising total gross proceeds of $405,500. Notably, this tranche saw strong participation from two prominent German family offices, underscoring growing international confidence in Predictmedix’s AI-driven innovations.

The Company issued 20,275,000 units (“Units”) at a price of $0.02 per Unit, raising $405,500 in this tranche. Each Unit consists of one common share of Predictmedix and one common share purchase warrant. Each full warrant (“Warrant”) entitles the holder to acquire an additional common share at $0.05 per share for a period of 24 months. However, if the volume-weighted average trading price of Predictmedix’s common shares on the CSE exceeds $0.10 for ten consecutive trading days (starting four months and one day after closing), the Company reserves the right to accelerate the warrant expiry date to no less than 30 days from the date of notice.

This strong participation from German family offices is a validation of Predictmedix’s technology and market potential. This marks a turning point in institutional interest, as global investors, particularly from Europe, begin to recognize the impact of the Company’s AI-driven screening solutions. The involvement of institutional capital underscores increasing confidence in Predictmedix’s commercial strategy, scalability and the growing demand for AI-powered solutions across industries.

All securities issued in connection with the private placement are subject to a statutory hold period of four months and one day from the date of issuance.

The company expects to close off the third and final tranche shortly.

To receive company news, please sign up for alerts at the bottom of the page link below: https://predictmedix.com/press-releases/

About Predictmedix AI Inc.

Predictmedix AI Inc. (CSE: PMED) (OTC: PMEDF) (FRA:3QP) is an emerging provider of rapid health screening and remote patient care solutions globally. The Company’s Safe Entry Stations – powered by a proprietary artificial intelligence (AI) – use multispectral cameras to analyze physiological data patterns and predict a variety of health issues including 19 physiological vital parameters, impairment by drugs or alcohol, fatigue, or various mental illnesses. PredictmedixAI’s proprietary remote patient care platform empowers medical professionals with a suite of AI-powered tools to improve patient health outcomes. To learn more, please visit our website at www.Predictmedix.com or follow us on Twitter, Instagram or LinkedIn.

Caution Regarding Forward-Looking Information:
This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results of the Company. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management’s reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. We assume no responsibility to update or revise them to reflect new events or circumstances. The Company’s securities have not been registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or applicable state securities laws, and may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. Persons”, as such term is defined in Regulations under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful. Additionally, there are known and unknown risk factors which could cause the Company’s actual results, performance or achievements to be materially different from any Page 4 of 4 future results, performance or achievements expressed or implied by the forward-looking information contained herein, such as, but not limited to dependence on obtaining regulatory approvals; the ability to obtain intellectual property rights related to its technology; limited operating history; general business, economic, competitive, political, regulatory and social uncertainties, and in particular, uncertainties related to COVID-19; risks related to factors beyond the control of the Company, including risks related to COVID-19; risks related to the Company’s shares, including price volatility due to events that may or may not be within such party’s control; reliance on management; and the emergency of additional competitors in the industry.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events or developments, except required by law.
Disclaimer: The Company is not making any express or implied claims that its product has the ability to diagnose, eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus) at this time.
THE CANADIAN SECURITIES EXCHANGE HAS NOT REVIEWED NOR DOES IT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Dr. Rahul Kushwah, COO

rahul@predictmedix.com

(647) 889 6916

Source: Predictmedix AI Inc.

FAQ

What are the terms of Predictmedix AI's (PMEDF) second tranche private placement?

The second tranche raised $405,500 by issuing 20,275,000 units at $0.02 per unit, with each unit including one common share and one warrant exercisable at $0.05 for 24 months.

What is the warrant acceleration clause in PMEDF's private placement?

If shares trade above $0.10 for 10 consecutive days on the CSE, Predictmedix can accelerate warrant expiry to 30 days after notice.

How long is the hold period for PMEDF's private placement securities?

Securities issued in the private placement have a statutory hold period of four months and one day from issuance.

Who were the main investors in Predictmedix AI's (PMEDF) second tranche?

Two prominent German family offices were the main participants in the second tranche, showing growing international institutional interest.
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