DeepMarkit closes $2.16-million financing

Executive Summary

• DeepMarkit Corp. has closed the second and final tranche of its non-brokered private placement, raising $624,999.96 by issuing 10,416,666 common shares.
• This closing is directly tied to the acquisition of Prospect Prediction Markets Inc., which was completed on November 18, 2025.
• Combined with the first closing, DeepMarkit has issued a total of 35,999,998 common shares for total gross proceeds of $2.16 million.

Key Details

• Second Tranche Details:
  • Gross proceeds: $624,999.96
  • Shares issued: 10,416,666 common shares
  • Transaction type: Non-brokered private placement
• Total Financing Summary:
  • Total shares issued (across both closings): 35,999,998 common shares
  • Total gross proceeds: $2.16 million
  • First closing date: November 18, 2025
• Use of Proceeds:
  • Repayment of existing company debt, including deferred management salaries
  • Payment of $50,000 obligation to Prospect Labs Inc.
  • Development and expansion of Prospect's platform
  • Marketing and product awareness
  • General corporate and administrative purposes
• Transaction Terms:
  • Statutory hold period: Four months and one day for all securities issued
  • Finders' fees: None paid
• Strategic Context:
  • The financing supports the acquisition of Prospect Prediction Markets Inc.
  • Focus areas include accelerating user acquisition and forging strategic partnerships for Prospect's blockchain-powered prediction market platform.

Notable Quotes

• "The completion of this second tranche positions DeepMarkit to bring Prospect's innovative, blockchain-powered prediction markets to a significantly broader audience," said Steve Vanry, chief executive officer. "With this milestone behind us, our focus shifts to accelerating user acquisition and forging strategic partnerships -- key steps that further distinguish Prospect in an increasingly competitive and fast-evolving digital entertainment landscape."