Miivo Holdings closes $4.4-million private placement

Executive Summary

• Miivo Holdings Corp. has closed a non-brokered private placement financing, raising gross proceeds of $4.4 million.
• The offering was increased by $400,000 (800,000 units) due to investor interest following the initial announcement on December 18, 2025.
• Proceeds will be used to market the company's AI-powered CFO platform in expanding countries and for general working capital.

Key Details

• Gross Proceeds: $4.4 million.
• Units Sold: 8.8 million units at a price of $0.50 per unit.
• Offering Structure: Each unit consists of one common share and one-half of one non-transferrable common share purchase warrant.
• Warrant Terms: Each warrant entitles the holder to acquire one additional common share at an exercise price of $0.75 per share.
• Warrant Expiration: July 30, 2027.
• Use of Proceeds: Marketing the AI CFO platform in expanding countries and general working capital.
• Insider Participation: Certain insiders participated, constituting a related party transaction under Multilateral Instrument 61-101. Exemptions from formal valuation and minority shareholder approval were relied upon as insider participation did not exceed 25% of market capitalization.
• Finder’s Fees: Cash commissions totaling $201,600 (7.0% of proceeds) and 403,200 non-transferable warrants (7.0% of units issued) were paid to eligible finders.
• Finder’s Warrant Terms: Exercise price of $0.75 per share, expiring July 30, 2027.
• Hold Period: All securities issued, including those issuable on exercise, are subject to a hold period expiring May 31, 2026.