Financings
Safe Supply Secures Exclusive Canadian Rights to Healthy Sprays' Proprietary GLP-1 Delivery Technology; Announces Non-Brokered Private Placement

SPLY · Price
Executive Summary
- Safe Supply Streaming Co Ltd. entered an exclusive five‑year Canadian licensing and distribution agreement with Healthy Sprays LLC for its GLP‑1 spray portfolio, including a $250,000 upfront license fee and royalty obligations.
- The company announced a proposed non‑brokered private placement of units at C$0.05 each, targeting up to C$500,000 in gross proceeds to fund the licensing fee, related expenses, and general corporate purposes.
- Finders’ fees of up to 7 % cash and 7 % broker’s warrants may be paid; closing is subject to regulatory approvals and a statutory hold period.
Key Details
- Licensing Agreement
- Exclusive nationwide Canadian distribution rights for Healthy Sprays’ GLP‑1 products (THIN, THIN‑R, THIN‑ST).
- Term: starts Jan 2026, initial five years with extension options.
- Up‑front non‑refundable license fee: USD $250,000, payable in tranches.
- Ongoing royalty on Canadian gross sales (terms not disclosed).
- Safe Supply will purchase all product packaging and delivery technology from Healthy Sprays at a fixed cost.
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Minimum net sales requirements imposed for each contract year.
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Private Placement Offering
- Units priced at C$0.05 per unit; each unit = 1 common share + ½ warrant (full warrant exercisable for 1 share at C$0.075).
- Target gross proceeds: up to C$500,000.
- Use of proceeds: fund the licensing fee, cover expenses related to the Licensing Agreement, and general corporate/working capital needs.
- Finders’ fees: up to 7 % cash and 7 % broker’s warrants (exercisable for one unit at C$0.05) payable to eligible finders, subject to securities law compliance.
- Closing contingent on required corporate and regulatory approvals, including CSE approval.
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All securities subject to a statutory hold period of four months plus one day from issuance.
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Quotes
- “This partnership represents a major step in bringing modern, consumer‑ready healthcare solutions to Canadians,” – Geoff Benic, CEO, Safe Supply.
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“Providing Canadians with a safe, modern alternative to injectable therapies will help Safe Supply expand access to metabolic health solutions for those who need them most,” – Raf Souccar, Chairman, Board of Directors, Safe Supply.
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Regulatory & Legal
- Offering not registered under U.S. securities laws; not to be offered or sold in the United States or to U.S. persons absent exemption.
- Forward‑looking statements included with standard risk disclosures.
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May 01, 2026 · 07:08