infinitii ai inc. closes oversubscribed convertible debenture offering for $610,000

Executive Summary

• infinitii ai inc. closed an oversubscribed private placement, issuing convertible debentures with a total face value of $610,000.
• The financing was led by ThreeD Capital Inc., alongside existing shareholders, the CEO, and a new investor, and will be used to fund working capital and accelerate sales of new machine‑learning products.
• Units are priced at $0.05 each and include one common share plus a warrant to purchase an additional share at $0.10 for 36 months; a separate allocation of 1,003,822 deferred share units was issued to board members.

Key Details

• Total financing amount: $610,000 (face value of convertible debentures).
• Interest rate: 10% per annum, compounded semi‑annually.
• Maturity: 36 months from the issue date.
• Conversion terms: Convertible, together with accrued interest, into Units at $0.05 per Unit any time before maturity.
• Unit composition: Each Unit = 1 common share + 1 warrant to purchase 1 additional share at $0.10 per share for a 36‑month period.
• Lead investor: ThreeD Capital Inc., with participation from long‑time shareholders, the Company’s CEO, and a new investor.
• Board compensation: issuance of 1,003,822 deferred share units to board members.
• Use of proceeds: Working capital and acceleration of sales efforts for newly unveiled mobile and dashboarding machine‑learning solutions showcased at WEFTEC 2025 in Chicago.

Notable Quotes

“We are pleased to announce this financing, which will be directed at increasing sales of our latest innovative machine learning solutions… The new funds raised will be dedicated to working capital and accelerating sales efforts aimed at bringing these innovations to market.” – Jean‑Charles Phaneuf, CEO, infinitii ai inc.