Wisr AI arranges $800,000 private placement

Executive Summary

• Wisr AI Systems Inc. announced a non-brokered private placement of up to 16 million units at $0.05 per unit, raising up to $800,000 in gross proceeds.
• The company also announced an extension of the deadline for a definitive commercial agreement with Moneylab Technologies Inc., following a previous announcement on November 24, 2025.
• Proceeds are intended for the commercialization of its agentic AI platform, customer acquisition, and general corporate purposes.

Key Details

• Financing Structure: Non-brokered private placement of up to 16 million units.
• Price: $0.05 per unit.
• Gross Proceeds: Up to $800,000.
• Unit Composition: Each unit consists of one common share and one-half of one common share purchase warrant.
• Warrant Terms (Investors): Each warrant entitles the holder to purchase one additional share at an exercise price of $0.075 per share.
• Warrant Duration: 18 months from the closing date of the offering.
• Finder’s Fees: The company may pay eligible finders a cash commission of 7% of gross proceeds and issue non-transferable warrants equal to 7% of the number of units sold to such purchasers.
• Finder’s Warrant Terms: Exercise price of $0.05 per share, exercisable for 18 months from issuance.
• Acceleration Clause: Warrants (both investor and finder) are subject to acceleration if the daily volume-weighted average trading price on the Canadian Securities Exchange exceeds $0.15 for 10 consecutive trading days. In this event, warrants expire 30 days after written notice.
• Regulatory Status: Conducted under the listed issuer financing exemption (NI 45-106 Part 5A); shares and warrants are not subject to a statutory hold period.
• Use of Proceeds: Commercialization of agentic AI platform, customer acquisition initiatives, and general corporate purposes.
• Closing Timeline: The offering may close in tranches, with the initial tranche expected to close on or about March 27, 2026, subject to approvals (including CSE).
• M&A Update: Wisr AI and Moneylab Technologies Inc. have agreed to extend the deadline for completing the definitive agreement regarding their commercial arrangement, continuing to work toward finalizing transaction terms.

Notable Quotes

• None provided in the text.