Financings
Syntheia Announces Shares for Debt Transaction and Termination of LIFE Offering

SYAI · Price
Executive Summary
- Syntheia Corp. settled $100,000 of indebtedness by issuing 833,334 common shares at $0.12 per share, subject to a four‑month hold period.
- The company cancelled its previously announced private‑placement equity financing and will explore alternative strategic financing options.
Key Details
- Debt Settlement: $100,000 paid to an arm’s‑length creditor via issuance of 833,334 common shares at $0.12 per share.
- Hold Period: Shares issued in the settlement are subject to a four‑month hold period.
- Private Placement Cancellation: The proposed private‑placement equity financing (filed under a listed issuer financing exemption on Jan 19, 2026) will not proceed.
- Future Financing Plans: Syntheia intends to seek alternative strategic financing options and will issue further announcements when arrangements are made.
Notable Quotes
- None provided in the release.
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Feb 24, 2026 · 07:01