Business
ImagineAR Announces Completion of $350,000 Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - ImagineAR Inc. (CSE: IP) (the "Company" or "ImagineAR"), announces that, further to its news releases of November 7, 2025 and November 14, 2025, it has completed its non-brokered private placement (the "Offering") of units (each a "Unit"). The Offering, which was composed of one tranche that closed on November 14, 2025, consisted of the sale of 11,667,112 Units at a price of $0.03 per Unit for gross aggregate proceeds of...
About this update from Imaginear Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - ImagineAR Inc. (CSE: IP) (the "Company" or "ImagineAR"), announces that, further to its news releases of November 7, 2025 and November 14, 2025, it has completed its non-brokered private placement (the "Offering") of units (each a "Unit"). The Offering, which was composed of one tranche that closed on November 14, 2025, consisted of the sale of 11,667,112 Units at a price of $0.03 per Unit for gross aggregate proceeds of $350,013.37.","length":545,"tagName":"p"},{"type":"text","content":"Each Unit was composed 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. The Offering is subject to the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange.","length":719,"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...