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Alset Receives TSXV Approval to Amend Warrants
VANCOUVER, BC / ACCESS Newswire / July 18, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK...
About this update from Alset Ai Ventures Inc
[{"type":"text","content":"Alset Receives TSXV Approval to Amend Warrants VANCOUVER, BC / ACCESS Newswire / July 18, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK:GPUSF)(FSE:1R60, WKN:A3ESVQ) (\"Alset AI\" or the \"Company\") an artificial intelligence (\"AI\") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that, further to its news release dated June 2, 2025, it has received approval from the TSX Venture Exchange (the \"TSXV\") to amend the exercise price of an aggregate of 19,999,993 outstanding common share purchase warrants currently expiring on March 15, 2027 and March 22, 2027 (the \"Warrants\"). The Warrants were issued pursuant to a private placement that closed in two tranches on March 15, 2024 and March 22, 2024.The Warrants were originally issued at an exercise price of $0.25, which has been amended to an exercise price to $0.15. In connection with the re-pricing of the Warrants, the amended Warrants include an accelerated expiry provision (the \"Acceleration Provision\"). Pursuant to the Acceleration Provision, if the closing price of the Company's shares is $0.1875 or higher for 10 consecutive trading days (the \"Premium Trading Days\"), Warrantholders will have 30 calendar days before expiry to exercise their Warrants, commencing 7 calendar days after the last Premium Trading Day. Except for the amended exercise price and the Acceleration Provision, all other terms of the Warrants remain the same.About Alset AI Ventures Inc.Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high- potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.For further information about Alset AI Ventures Inc., please contact:Investor RelationsAdam IngraoChief Executive OfficerT: 236.312.6744E: [email protected] TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Cautionary Note regarding Forward Looking StatementsThis press release may contain certain forward-looking statements and forward-looking information...