SuperBuzz Strengthens SaaS Monetization and Customer Retention, Closes Previous Non-Brokered Private Placement and Initiates Convertible Debenture

Executive Summary

• SuperBuzz closed the first tranche of its non‑brokered private placement, issuing 1,966,033 units at $0.15 each for gross proceeds of $294,905.10.
• The company announced a new convertible debenture offering (minimum C$400,000) with substantial insider participation and detailed terms including 12.5% interest and conversion features.
• Operational enhancements—including a tiered subscription pricing model and AI‑driven onboarding—have yielded a reported 200% increase in user retention, signaling stronger recurring revenue potential.

Key Details

• First Tranche Closing: 1,966,033 units issued at $0.15 per unit; gross proceeds $294,905.10. Each unit = 1 common share + 1 warrant (exercise price $0.25, 24‑month term).
• Insider Subscription to First Tranche: Insiders purchased 333,366 units for $50,005.00.
• Warrant Exercise Price Amendment: Application filed to amend warrant exercise price from $0.25 to $0.15 per share.
• Use of Proceeds (First Tranche): Working capital and general corporate purposes.
• Convertible Debenture Offering: Minimum 400 debenture units at C$1,000 each; target gross proceeds ≥ C$400,000.
• Insider Participation in Debenture Offering: C$200,000 subscribed by CEO Liran Brenner and Chairman Yoel Yogev.
• Debenture Unit Composition: 1 unsecured convertible debenture (C$1,000 principal) + 4,166 common share purchase warrants (exercise price $0.18).
• Interest Rate: 12.5% per annum, accruing semi‑annually; accrued interest convertible into common shares.
• Conversion Terms: Convertible at any time after closing up to 36 months at C$0.12 per common share; forced conversion if TSX Venture price > $0.35 for 10 consecutive days after first anniversary.
• Redemption Rights: Company may prepay/redeem at par + accrued interest with ≥30‑day notice starting 4 months + 1 day after closing.
• Maturity: 36 months from closing; principal and any unpaid interest repayable in cash at maturity.
• Statutory Hold Period: Four months + one day for all securities issued under the offering.
• Operational Update – Pricing Model: Introduced tiered, value‑based subscription pricing with scalable enterprise packages and usage‑based components.
• Operational Update – AI Onboarding: New AI‑driven onboarding system using behavioral analytics and automated KPI diagnostics; reported 200% increase in user retention post‑deployment.

Notable Quotes

“The operational improvements we've implemented are designed to strengthen every stage of the customer lifecycle—from onboarding through long‑term platform expansion,” — Jeremy Levine, Chief Revenue Officer.

“Our goal is to ensure that clients quickly see measurable value from our AI platform… These initiatives position us to scale the business more efficiently while delivering stronger outcomes for our clients.” — Jeremy Levine, Chief Revenue Officer.