Aim6 closes $9.1M upsized raise for Elevate Service

Executive Summary

• Elevate Service Group (via Aim6 Ventures Inc. and ElevateDesign Ventures Inc.) has successfully closed the second and final tranche of an upsized brokered private placement, raising aggregate gross proceeds of $9,088,000, exceeding the initial $5 million target.
• The financing is integral to a proposed business combination (qualifying transaction) between Aim6 and Elevate, which will result in Aim6 being renamed Elevate Service Group Inc. and listing on the TSX Venture Exchange under the ticker symbol SERV as a Tier 1 industrial issuer.
• The transaction is expected to close on or about November 10, 2025, with approximately 77% of post-transaction shares subject to lockup/escrow to ensure a stable shareholder base.

Key Details

• Transaction Structure: Upsized brokered private placement consisting of subscription receipts.
• Second Tranche Details:
  • Quantity: 1.15 million subscription receipts.
  • Price: $1.00 per subscription receipt.
  • Gross Proceeds: $1.15 million.
• Aggregate Proceeds: $9,088,000 total (First tranche: $7,938,000 + Second tranche: $1.15 million).
• Insider Participation: Directors, officers, insiders, and affiliated investors subscribed for approximately $4,525,000 of the private placement.
• Agents: Led by Beacon Securities Ltd., with a syndicate including Richardson Wealth Ltd. and Ventum Financial Corp.
• Use of Proceeds: To advance the national expansion of Elevate's integrated facility services platform.
• Post-Transaction Share Structure:
  • Total common shares outstanding: Approximately 32.6 million.
  • Lockup/Escrow: Approximately 25 million shares (77%) subject to a one-year voluntary lockup and/or TSX-V escrow policies.
• Agent Compensation:
  • Cash Commission: $38,000 (portion escrowed pending conditions precedent).
  • Options: 38,000 options granted to agents, exercisable at $1.00 per share for two years following satisfaction of release conditions. These will be exchanged for options in the resulting issuer upon closing.
• Corporate Changes: Aim6 Ventures Inc. will be renamed Elevate Service Group Inc.
• Listing: Expected to trade on the TSX Venture Exchange under ticker SERV as a Tier 1 industrial issuer.
• Closing Date: Expected on or about November 10, 2025.

Notable Quotes

• "This strong response -- including significant insider participation -- underscores the support for Elevate's strategy. We are building a scalable platform that brings together complementary service business with robust operating track records, reoccurring revenue and strong profitability to deliver value, quality and efficiency for national clients." — Paul Bissett, Proposed Chief Executive Officer
• "Our family office has made a significant investment alongside management and insiders, underscuring our conviction in Elevate's long-term strategy. We are deeply aligned with shareholders and focused on building a durable, cash-generating platform through disciplined acquisitions and operational excellence." — Romeo Di Battista Jr., Proposed Chairman and CEO of Westmount Park Investments Inc.