Scope AI Closes Private Placement Financing
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) has successfully closed its non-brokered private placement financing, raising $2,000,000 by issuing 1,250,000 common shares at $1.60 per share. The shares will be subject to resale restrictions until December 1, 2024. No finders' fees were payable for this offering.
The company plans to use the net proceeds to develop its GEM Platform and advance its quantum-resilient entropy technology product suite, as well as for general working capital purposes. This offering was not registered under the U.S. Securities Act and is not available for sale in the United States except under specific exemptions.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) ha recentemente completato il suo finanziamento privato non mediato, raccogliendo 2.000.000 dollari attraverso l'emissione di 1.250.000 azioni ordinarie a 1,60 dollari per azione. Le azioni saranno soggette a restrizioni di rivendita fino al 1° dicembre 2024. Non sono state pagate commissioni per intermediari per questa offerta.
L'azienda prevede di utilizzare il ricavato netto per sviluppare la sua Piattaforma GEM e promuovere il suo portafoglio di tecnologie di entropia resilienti al quantum, oltre che per esigenze generali di capitale operativo. Questa offerta non è stata registrata ai sensi dell'U.S. Securities Act e non è disponibile per la vendita negli Stati Uniti, tranne che in specifiche esenzioni.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) ha cerrado con éxito su financiación privada no mediada, recaudando 2.000.000 dólares mediante la emisión de 1.250.000 acciones ordinarias a 1,60 dólares por acción. Las acciones estarán sujetas a restricciones de reventa hasta el 1 de diciembre de 2024. No se pagaron comisiones a intermediarios por esta oferta.
La empresa planea utilizar los ingresos netos para desarrollar su Plataforma GEM y avanzar en su conjunto de productos de tecnología de entropía resistente al quantum, así como para fines generales de capital de trabajo. Esta oferta no se registró bajo la Ley de Valores de EE. UU. y no está disponible para la venta en EE. UU. excepto bajo excepciones específicas.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF)는 중개인 없이 성공적으로 사모 자금 조달을 완료하여 2,000,000달러를 모금하였으며, 1,250,000주 보통주를 주당 1.60달러에 발행하였습니다. 이 주식은 2024년 12월 1일 이전까지 재판매 제한을 받습니다. 이번 공모에 대해 중개 수수료는 지급되지 않았습니다.
회사는 순수익을 사용하여 GEM 플랫폼을 개발하고 양자 저항 엔트로피 기술 제품군을 발전시키는 한편, 일반 운영 자금으로 활용할 계획입니다. 이 공모는 미국 증권법에 따라 등록되지 않았으며, 특정 면제 사항에 따라 미국 내에서 판매할 수 없습니다.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) a réussi à clôturer son financement privé non intermédié, en levant 2.000.000 $ par l'émission de 1.250.000 actions ordinaires à 1,60 $ par action. Les actions seront soumises à des restrictions de revente jusqu'au 1er décembre 2024. Aucuns frais d'intermédiaire n'ont été payés pour cette offre.
L'entreprise prévoit d'utiliser les recettes nettes pour développer sa plateforme GEM et faire avancer son gamme de produits de technologie d'entropie résiliente au quantum, ainsi que pour des besoins généraux de fonds de roulement. Cette offre n'a pas été enregistrée en vertu de la loi américaine sur les valeurs mobilières et n'est pas disponible à la vente aux États-Unis, sauf dans certaines exceptions.
Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) hat erfolgreich seine nicht vermittelte Privatplatzierungsfinanzierung abgeschlossen und 2.000.000 US-Dollar durch die Ausgabe von 1.250.000 Stammaktien zu 1,60 US-Dollar pro Aktie eingeworben. Die Aktien unterliegen bis zum 1. Dezember 2024 Verkaufsbeschränkungen. Es wurden keine Vermittlungsgebühren für dieses Angebot gezahlt.
Das Unternehmen plant, die Nettoeinnahmen zu nutzen, um seine GEM-Plattform weiterzuentwickeln und sein quantum-resilientes Entropietechnologie-Produktportfolio voranzutreiben sowie für allgemeine Betriebskapitalzwecke. Dieses Angebot wurde nicht unter dem U.S. Securities Act registriert und ist in den Vereinigten Staaten nur unter bestimmten Ausnahmen zum Verkauf verfügbar.
- Successful closure of $2,000,000 private placement financing
- Funds to be used for developing GEM Platform and advancing quantum-resilient entropy technology
- No finders' fees payable, potentially reducing associated costs
- Dilution of existing shareholders due to issuance of 1,250,000 new common shares
- Resale restrictions on new shares until December 1, 2024, potentially limiting liquidity
Vancouver, British Columbia--(Newsfile Corp. - July 31, 2024) - Scope AI Corp. (CSE: SCPE) (OTCQB: SCPCF) (FSE: VN8) ("Scope" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing (see news release dated July 9, 2024) by issuing 1,250,000 common shares (the "Shares", each a "Share") at a price of
No finders' fees were payable under the Offering. The Shares under the Offering will be subject to restrictions on resale until December 1, 2024. The net proceeds will be used to develop the Company's GEM Platform and, upon closing, advance the product suite of quantum-resilient entropy technology as well as for general working capital purposes.
This news release does not constitute an offer to sell, or solicitation of an offer to buy, nor will there be any sale of any of the securities offered in any jurisdiction where such offer, solicitation or sale would be unlawful, including the United States of America. The securities being offered as part of the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and any applicable state securities laws, or pursuant to available exemptions therefrom.
About Scope AI Corp.:
Scope AI Corp. is a leading technology company headquartered in Vancouver, British Columbia, dedicated to advancing the field of artificial intelligence. With a focus on visual recognition and neural network technology, Scope is committed to empowering businesses and industries with innovative solutions that drive growth and innovation.
For more information please visit Scope AI Corp., info@scopetech.ai, or follow along on social media.
LinkedIn: scope-ai-corp
Facebook: Scope AI Corp
Twitter: https://twitter.com/ScopeAICorp
Contact Information
James Young, Chief Executive Officer
(604) 416-1720
james@scopetech.ai
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements that constitute forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical statements of fact are forward-looking statements and include statements regarding beliefs, plans, expectations, future, strategy, objectives, goals and targets, and more specifically, the use of proceeds of the Offering. Although the Company believes that such statements are reasonable and reflect expectations of future developments and other factors which management believes to be reasonable and relevant, the Company can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: "believes", "expects", "aim", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Forward-looking statements involve known and unknown risks and are based on assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, including, but not limited to, those risks and assumptions described in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. While Scope considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. In addition, forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions, continued satisfaction of Canadian Securities Exchange requirements, product safety and recalls, regulatory compliance and risks associated with the Company's business. For more information on the risks, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the risk factors set out in the Company's prospectus dated August 10, 2022, a copy of which is available under the Company's profile on SEDAR at www.sedar.com. Forward-looking statements are made as of the date of this news release and, unless required by applicable law, the Company assumes no obligation to update the forward looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement.
The Canadian Securities Exchange has in no way passed upon the merits of the business of the Company and has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218330
FAQ
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