Miivo Announces Warrant Exercises Resulting in $1,239,376

Executive Summary

• Miivo Holdings exercised 3,098,441 warrants at $0.40 each, generating gross proceeds of $1,239,736.
• The capital will be used to accelerate customer acquisition through strategic channel partnerships and enhanced marketing initiatives targeting the SME sector.
• CEO Alexander Damouni highlighted that the warrant exercise demonstrates strong investor confidence and strengthens the company’s balance sheet for growth.

Key Details

• Warrant Exercise: 3,098,441 warrants exercised at an exercise price of $0.40 per warrant.
• Gross Proceeds: $1,239,736 received from the exercise.
• Use of Proceeds: Accelerate customer acquisition, develop strategic channel partnerships, and expand marketing initiatives to scale Miivo’s AI platform for small and medium‑sized enterprises.
• Investor Sentiment: The exercise reflects confidence in Miivo’s strategic direction and growth prospects.
• CEO Quote: “The Warrant Exercise by our early investors at this pivotal stage of our growth demonstrates strong momentum in our business… This additional capital strengthens our balance sheet and positions us to capitalize on the significant market opportunity we’re seeing in the SME sector.”

Notable Quotes

• Alexander Damouni, CEO & Director: “The Warrant Exercise by our early investors at this pivotal stage of our growth demonstrates strong momentum in our business. This additional capital strengthens our balance sheet and positions us to capitalize on the significant market opportunity we’re seeing in the SME sector as businesses increasingly seek AI‑driven transformation solutions.”