ThreeD files early warning report on AI-ML holdings

Executive Summary

• ThreeD Capital Inc., together with a joint actor, completed a private‑placement acquisition of 26 million common shares and 26 million share purchase warrants of AI‑ML Innovations Inc. for a total consideration of $1.3 million ($0.05 per unit).
• The transaction increased the combined ownership to approximately 22.4 % of AI‑ML’s outstanding common shares (34.3 % on a partially diluted basis).
• Post‑transaction holdings consist of 56,954,200 common shares, 500,000 stock options and 45,555,000 warrants exercisable within the next 60 days.

Key Details

• Acquisition Structure – Private placement; no exchange involvement.
• Units Acquired – 26 million common shares + 26 million common share purchase warrants (total 52 million units).
• Consideration – $1.3 million total, equivalent to $0.05 per unit.
• Ownership Impact – Combined ThreeD and joint actor ownership rose from ~14.3 % to ~22.4 % of all issued and outstanding AI‑ML common shares (34.3 % on a partially diluted basis).
• Breakdown of Post‑Acquisition Holdings:
• ThreeD Capital Inc. – 26,899,200 common shares + 20.5 million warrants (≈10.6 % of outstanding shares; ≈17.3 % partially diluted).
• Joint Actor – 30,055,000 common shares + 500,000 stock options + 25,055,000 warrants (≈11.8 % of outstanding shares; ≈19.9 % partially diluted).
• Pre‑Acquisition Holdings – Combined 30,954,200 common shares, 500,000 stock options and 19,555,000 warrants (≈14.3 % of outstanding shares; ≈21.5 % partially diluted).
• Future Flexibility – The securities are held for investment purposes; ThreeD and the joint actor may increase, decrease, or maintain their positions at any time based on market conditions.

Notable Quotes

(No direct quotes were provided in the release.)