Business
ImagineAR Announces $700,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2025) - ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) ("ImagineAR" or the "Company") an augmented Reality company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announce a non-brokered private placement financing (the "Offering") of up to 23,333,333 Units (the "Units), at a price of $0.03 per Unit for gross proceeds of up to $700,000.Each Unit will be comprised.
About this update from Imaginear Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - November 7, 2025) - ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) ("ImagineAR" or the "Company") an augmented Reality company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, is pleased to announce a non-brokered private placement financing (the "Offering") of up to 23,333,333 Units (the "Units), at a price of $0.03 per Unit for gross proceeds of up to $700,000.","length":512,"tagName":"p"},{"type":"text","content":"Each Unit will be comprised of one (1) common share in the capital of the Company ("Common Shares") and one (1) non-transferable Common Share purchase warrant (the "Warrant"), with each Warrant entitling the holder to purchase one additional common share at a price of $0.05 for a period of thirty-six (36) months from the closing of the Offering. In accordance with applicable Canadian securities laws, all securities issued and issuable pursuant to the private placement will be legended with a hold period of four (4) months and one day from the date of issuance. Completion of the Offering is subject to the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.","length":738,"tagName":"p"},{"type":"text","content":"ImagineAR intends to use the net proceeds from the proposed private placement for general working capital, and operations, legal, and sales/marketing of products.","length":162,"tagName":"p"},{"type":"text","content":"The securities being issued and sold in the private placement have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any states' securities laws and may not be offered or sold in the United States, except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act.","length":393,"tagName":"p"},{"type":"text","content":"This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities being offered in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or...