Miivo Holdings arranges $3.75-million private placement

Executive Summary

• Miivo Holdings Corp. has arranged a non-brokered private placement financing of up to $3.75 million, with an overallotment option that could increase total gross proceeds to $4 million.
• The company intends to use the proceeds to aggressively market its AI-powered CFO platform to SMEs in North America and for general working capital.
• The offering includes units consisting of common shares and warrants, with a hold period of four months and one day, and is subject to TSX Venture Exchange approval.

Key Details

• Financing Structure: Non-brokered private placement.
• Unit Price: 50 cents per unit.
• Base Offering: Up to 7.5 million units for up to $3.75 million in gross proceeds.
• Overallotment Option: The company may sell up to an additional 500,000 units, bringing the total potential sale to 8 million units and total gross proceeds to $4 million.
• Warrant Terms: Each unit includes one-half of one share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of 75 cents per share.
• Warrant Expiry: 18 months from the date of issuance.
• Use of Proceeds: Marketing the AI CFO platform in an expanding number of countries (specifically targeting the North American SME market) and for general working capital purposes.
• Hold Period: All common shares and warrants issued bear a hold period of four months and one day from the date of issuance.
• Regulatory Conditions: The offering is subject to necessary approvals, including the TSX Venture Exchange.
• Related Party Transactions: Any insider participation constitutes a related party transaction under MI 61-101 but is expected to be exempt from formal valuation and minority shareholder approval requirements.
• Operational Update: The company reported over 1,000 users signed up since the November launch of the AI CFO platform beta, with a growing paying subscriber base across "freemium," basic, and advanced packages.

Notable Quotes

• Alexander Damouni, CEO: "As stated in our news release dated Nov. 10, 2025, we commenced beta testing the AI CFO platform in the united Arab Emirates and India. We received tremendous feedback from beta customers and, based on that, continued to evolve the product offering... Since our launch in November and with minimal marketing expense, we have over 1,000 users signed up and are rapidly growing our paying subscriber base. We intend to use a majority of the proceeds of this offering to aggressively enter the multibillion small and medium sized enterprises (SMEs) market in North America."
• Rabih Brair, CFO: "We have updated our website and investor presentation and encourage anyone to sign up to the AI CFO platform on our new website and view the company presentation."