Intellistake Technologies Corp. Announces Closing of Private Placement

Executive Summary

• Intellistake Technologies Corp. closed a non‑brokered private placement of 511,810 Class “A” shares at $2.54 per share, generating gross proceeds of approximately $1.3 million.
• Net proceeds are earmarked for AI agent development, validator hardware acquisition, digital‑currency purchases, R&D, marketing, investor relations, working capital and other general corporate purposes.
• The securities are subject to a hold period that expires on March 7 2026, and there was no insider participation in the offering.

Key Details

• Offering size: 511,810 Class “A” shares.
• Price per share: $2.54.
• Gross proceeds: ~$1.3 million.
• Use of proceeds:
• Development of AI agents.
• Acquisition of validator hardware.
• Purchases of digital currencies.
• Research & development and marketing activities.
• Investor‑relations expenditures.
• Working capital requirements and other general corporate purposes.
• Hold period: Shares may not be transferred until March 7 2026.
• Insider participation: None.
• Placement type: Non‑brokered, private placement (not a public offering).

Notable Quotes

(No executive quotes were provided in the release.)