ImagineAR closes $350,013 private placement

Executive Summary

• ImagineAR Inc. has completed a non-brokered private placement of units, raising gross aggregate proceeds of $350,013.37.
• The offering consisted of 11,667,112 units priced at $0.03 per unit, with each unit comprising one common share and one non-transferable common share purchase warrant.
• Net proceeds are intended for general working capital, operations, and legal and sales/marketing of products.

Key Details

• Transaction Type: Non-brokered private placement.
• Closing Date: November 14, 2025.
• Units Sold: 11,667,112 units.
• Price Per Unit: $0.03.
• Gross Proceeds: $350,013.37.
• Unit Composition: Each unit consists of one common share and one non-transferable common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to purchase one additional common share at an exercise price of $0.05.
• Warrant Duration: 36 months from the closing of the offering.
• Legends/Restrictions: Securities are subject to a hold period of four months and one day from the date of issuance in accordance with Canadian securities laws.
• Regulatory Status: Subject to receipt of necessary regulatory approvals, including approval of the Canadian Securities Exchange.
• Use of Proceeds: General working capital and operations, legal expenses, and sales/marketing of products.

Notable Quotes

• None provided in the release.