Business
EdgeTI Announces Closing of Over Subscribed $8,010,000 USD Private Placement Convertible Debenture Units
EdgeTI Received Significant Investor Demand and has Upsized the Offering and Closed on $8,010,000...
About this update from Edge Total Intelligence Inc
[{"type":"text","content":"EdgeTI Announces Closing of Over Subscribed $8,010,000 USD Private Placement Convertible Debenture UnitsEdgeTI Received Significant Investor Demand and has Upsized the Offering and Closed on $8,010,000 USD for the Private Placement of $1,000 US Convertible Debenture UnitsThe Offering was Subscribed to by Investors Who Fundamentally Understand the United States of America Defense Technological Revolution Presently UnderwayVancouver, British Columbia--(Newsfile Corp. - December 15, 2025) - Edge Total Intelligence Inc. (TSXV: CTRL) (OTCQB: UNFYF) (FSE: Q5I) (\"edgeTI\" or the \"Company\"), a global provider of real-time situational intelligence and digital twin technologies, is pleased to announce the successful closing of its convertible debenture private placement announced on December 10, 2025.Engaging a broker-dealer firm as exclusive placement agent (the \"Agent\"), the Agent was able to place 8,010 units of the Company (\"Debenture Units\") at a price per Debenture Unit of US$1,000 for aggregate gross proceeds of US$8,010,000 (the \"Offering\") - exceeding the previously announced 7,250 Debenture Units.Each Debenture Unit is comprised of: (i) one (1) unsecured convertible debenture of the Company (each, a \"Debenture\") in the principal amount of US$1,000; and (ii) 675 subordinate voting share (\"SVS\") purchase warrants (each, a \"Warrant\"). EdgeTI's Mr. Jim Barrett said: \"Closing this brokered financing with a focused group of long-term aligned shareholders marks a meaningful milestone for EdgeTI. Strengthening our capital position provides us with the capital to accelerate our business development activities with the deployment of our intelligent automation solutions. With this financial support, we believe we are well positioned to advance customer adoption and continue to scale implementations of our integrated government and enterprise solutions.\"Atlas Capital's Mr. Mathew August said: \"We are thrilled to announce the successful closing of Edge Total Intelligence's USD$8.01MM brokered financing. This milestone underscores the strong support behind our vision and validates the momentum we are building. As we continue to execute on our strategic plan that we launched just over one year ago, we have completed three non-brokered financings and signed binding agreements on one strategic transaction:September 2024: C$4.25...