ImagineAR Announces Completion of $350,000 Non-Brokered Private Placement

Executive Summary

• ImagineAR Inc. completed a non‑brokered private placement of 11,667,112 units at $0.03 per unit, generating gross proceeds of $350,013.37.
• Each unit consists of one common share and one non‑transferable warrant to purchase an additional share at $0.05 for 36 months after closing.
• Net proceeds are earmarked for general working capital, operations, legal expenses, and sales/marketing activities.

Key Details

• Offering Structure: One tranche closed on November 14, 2025; 11,667,112 units sold at $0.03 per unit.
• Gross Proceeds: $350,013.37 (aggregate).
• Unit Composition:
• 1 common share of ImagineAR Inc.
• 1 non‑transferable warrant to purchase one additional common share at $0.05, exercisable for 36 months post‑closing.
• Holding Period: All securities subject to a four‑month and one‑day hold period from issuance date per Canadian securities regulations.
• Regulatory Conditions: Offering pending required approvals from the Canadian Securities Exchange and other applicable regulators.
• Use of Proceeds: General working capital, operational expenses, legal costs, and sales/marketing of ImagineAR products.
• Securities Status: Units not registered under U.S. securities laws; cannot be offered or sold in the United States except pursuant to an exemption or registration.

Notable Quotes

“The successful completion of this private placement provides us with essential capital to accelerate our product development and expand our market reach,” – Alen Paul Silverrstieen, President & CEO.