Ynvisible Announces Non-Brokered Private Placement

Executive Summary

• Ynvisible Interactive Inc. announced a non‑brokered private placement of up to 20 million units at $0.10 per unit, targeting gross proceeds of up to $2 million.
• Each unit consists of one common share and one transferable warrant exercisable for an additional share at $0.14 for three years from closing.
• Proceeds will be used as working capital and for general corporate purposes; the offering is subject to customary closing conditions and a statutory hold period.

Key Details

• Units Offered: Up to 20,000,000 units @ $0.10 per unit.
• Gross Proceeds Target: Up to $2,000,000.
• Unit Composition:
• 1 common share of Ynvisible Interactive Inc.
• 1 transferable warrant (exercisable into one additional common share at $0.14 per share).
• Warrant Terms: Exercise price $0.14; term of three years from the closing date.
• Use of Proceeds: Working capital and general corporate purposes.
• Statutory Hold Period: Securities subject to a hold period of four months and one day from closing, per Canadian securities law.
• Closing Conditions: Subject to customary conditions, including acceptance by the TSX Venture Exchange (TSXV).
• Finder’s Fees: Company may engage qualified finders and pay fees in accordance with TSX policies.
• Insider Participation: Insiders may participate; transaction qualifies for MI 61‑101 exemptions because neither fair market value nor consideration exceeds 25 % of market capitalization.
• U.S. Securities Law Disclaimer: Units are not registered under the U.S. Securities Act and cannot be offered or sold in the United States except pursuant to applicable exemptions.

Notable Quotes

• “We are pleased to secure this financing, which will provide essential capital to advance our low‑cost, ultra‑low power display technology and support ongoing corporate initiatives,” – Ramin Heydarpour, CEO and Executive Chairman.