Vanta Announces Strategic Private Placement Financing to Advance Corporate Growth Initiatives

Executive Summary

• Vanta Holdings Inc. announced a proposed non‑brokered private placement of up to 2,380,952 units at $2.10 per unit, targeting gross proceeds of up to $5 million.
• Each unit consists of one common share and one transferable warrant allowing the purchase of an additional share at $3.00 for 24 months after closing.
• Net proceeds are earmarked for advancing business initiatives, paying outstanding payables/indebtedness, corporate awareness, and general working capital; closing expected around March 15, 2026, possibly in multiple tranches.

Key Details

• Units Offered: Up to 2,380,952 units
• Unit Price: $2.10 per unit (aggregate gross proceeds up to $5,000,000)
• Composition of Each Unit:
• 1 common share (“Share”)
• 1 transferable common share purchase warrant (“Warrant”)
• Warrant Terms: Right to acquire one additional share at $3.00 per share for a period of 24 months from the closing date.
• Closing Timeline: Anticipated on or about March 15, 2026; may be completed in one or more tranches subject to CSE policies.
• Use of Proceeds:
• Advance Company’s business initiatives
• Pay outstanding payables and indebtedness
• Corporate awareness activities
• General working capital purposes
• Statutory Hold Period: Securities issued will be subject to a hold period expiring four months and one day from issuance.
• Insider Participation: Insiders may participate; participation expected to remain below 25% of the fair market value of Vanta’s market capitalization, invoking exemptions under MI 61‑101.
• Regulatory Disclaimers: Offer not registered in the United States; subject to applicable securities law exemptions.

Notable Quotes

(No direct quotes were provided in the release.)