Vsblty Groupe closes first tranche of financing

Financing Closure Confirmation

• Vsblty Groupe Technologies Corp. closed the first tranche of its previously announced non-brokered private placement on April 22, 2026.
• Issued 10,396,192 units at $0.105 CAD per unit for aggregate proceeds of approximately $1,091,600 CAD.
• Transaction included a debt settlement component cancelling $240,255 USD in promissory notes via issuance of 3,120,797 units.
• Insiders participated with gross proceeds of $375,072 CAD at the same unit price ($0.105).

Capital Raise Execution vs. Expectations

• The closing of the first tranche confirms execution of the capital raise strategy previously disclosed on March 30, 2026.
• Since the terms ($0.105/unit) match previous announcements exactly, this is not a surprise to the market but rather validation of liquidity access.
• The debt settlement component reduces immediate cash burn pressure by converting promissory notes into equity, which is a positive operational adjustment.

Business Model

• Vsblty Groupe Technologies Corp. operates in the defense AI security sector, focusing on multi-sensor drone detection and intelligence platforms.
• Flagship product is the V.Next platform, which utilizes sensor fusion (radar, acoustic, camera, RF) to provide threat assessment before interceptor deployment.