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Financings

ROCKET DOCTOR AI INC. ANNOUNCES LISTED ISSUER FINANCING EXEMPTION (LIFE) NON-BROKERED PRIVATE PLACEMENT

By The Northwire Desk — AI Analysis Jan 09, 2026 · 08:00 AIDR · 0.76 Rocket Doctor AI Inc.
AIDR · Price

Executive Summary

  • Rocket Doctor AI Inc. announced a non‑brokered private placement of at least 4,285,715 units at $0.70 per unit, targeting gross proceeds of a minimum of approximately $3 million.
  • Each unit consists of one common share and one warrant to purchase an additional common share at $0.85 exercisable for 12 months after closing; the company may also issue up‑to‑8% finder’s fees and non‑transferable warrants on the proceeds.
  • Net proceeds are earmarked for digital marketing, customer acquisition, operating & administrative expenses (including salaries), research & development, and general working capital.

Key Details

  • Units Offered: Minimum 4,285,715 units
  • Price per Unit: $0.70
  • Minimum Gross Proceeds: ≈ $3,000,000
  • Unit Composition:
  • 1 common share
  • 1 warrant to purchase 1 additional common share at an exercise price of $0.85 (exercisable for 12 months post‑closing)
  • Financing Exemption: Listed issuer financing exemption under NI 45‑106 Part 5A (LIFE Exemption), available to Canadian investors outside Quebec; no hold period required.
  • Potential Finder’s Fee: Up to 8% of aggregate gross proceeds, payable upon closing.
  • Additional Warrants: Non‑transferable warrants equal to up to 8% of units issued, exercisable at $0.85 within 12 months from the Closing Date.
  • Use of Proceeds:
  • Digital marketing & customer acquisition
  • Operating and administrative expenses (including salaries)
  • Research & development
  • General working capital
  • Closing Timeline: Expected on or about January 19, 2026, subject to receipt of minimum subscriptions and required approvals (e.g., CSE approval).
  • Offering Documentation: Available at www.sedarplus.ca and the company website (www.rocketdoctor.ai).

Notable Quotes

  • “We are pleased to announce this financing, which will enable us to accelerate our growth initiatives, expand our AI‑driven healthcare platform, and better serve underserved communities,” – Dr. Essam Hamza, CEO.
Read the original news release →

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