Northwire Canada EditionSaturday, October 17, 2026
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Financings

Rocket Doctor AI increases private placement to $5.2M

AIDR · Price

Executive Summary

  • Rocket Doctor AI Inc. has upsized its non-brokered private placement under the Listed Issuer Financing Exemption (LIFE) to a maximum of $5.2 million in gross proceeds due to high investor demand.
  • Each unit is priced at $0.70, with all other terms of the offering remaining unchanged from previous announcements.
  • The company has filed an amended and restated offering document on SEDAR+ to formally reflect the upsize.

Key Details

  • Gross Proceeds: $5.2 million
  • Price Per Unit: $0.70
  • Offering Structure: Non-brokered private placement under the Listed Issuer Financing Exemption (LIFE)
  • Original Announcement Dates: January 9, 2025, and January 16, 2026
  • Filing Status: Amended and restated offering document filed on SEDAR+
  • Quantity of Units: ~7,428,571 units (calculated as $5.2M gross proceeds / $0.70 per unit)
  • All other terms of the offering remain unchanged.
Read the original news release →

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