Alset AI Announces Non-Brokered Private Placement Offering of up to $700,000

Executive Summary

• Alset AI Ventures Inc. announced a non‑brokered private placement of up to 12,727,272 units at $0.055 per unit, targeting gross proceeds of up to C$700,000.
• Each unit consists of one common share and half of a common‑share purchase warrant (full warrant exercisable at C$0.10 per share for 24 months).
• Proceeds will be used to accelerate commercialization of the cloud compute business, fund customer acquisition, and support working capital and general corporate purposes; the offering is expected to close around December 22, 2025.

Key Details

• Units Offered: Up to 12,727,272 units
• Issue Price: C$0.055 per unit (aggregate gross proceeds up to C$700,000)
• Composition of Each Unit:
• 1 common share
• ½ of a common‑share purchase warrant (full warrant gives the right to acquire one additional common share at C$0.10)
• Warrant Terms: Exercise price C$0.10 per share; exercisable for 24 months from the closing date.
• Closing Date: Expected on or about December 22, 2025, subject to regulatory approvals (including TSXV).
• Use of Proceeds:
• Accelerate commercialization of cloud compute business
• Fund customer acquisition via sales and marketing activities
• Advance near‑term revenue milestones
• Working capital and general corporate purposes
• Regulatory Framework: Offered under the listed issuer financing exemption (NI 45‑106) to Canadian investors (excluding Québec) and other qualifying jurisdictions; no hold period applicable.
• CEO Comment: Adam Ingrao noted the financing will provide necessary working capital for near‑term milestones and complement an upcoming unsecured loan facility, strengthening the balance sheet and enabling focus on customer adoption and revenue growth.

Notable Quotes

“This non‑brokered financing will provide the necessary working capital to execute on our near‑term milestones… Together, this private placement and the upcoming loan closing will strengthen our balance sheet, and allow the management team to focus exclusively on customer adoption and revenue growth.” – Adam Ingrao, CEO