Inverite Completes 2nd Tranche of the $1.5 Million Fully Subscribed Private Placement and Shares for Debt Issuance

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[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - September 29, 2025) - Inverite Insights Inc. (CSE: INVR) (OTC Pink: INVRD) (FSE: 2V0) ("Inverite") is a leading AI-driven software provider utilizing real-time financial data to empower businesses to transact more effectively with consumers. Further to its News Release dated September 4, 2025, Inverite has closed the 2nd tranche of its fully subscribed private placement in the amount of 1,409,920 units ("Units") for aggregate proceeds of $294,487.95. Each Unit is comprised of a common share and one-half warrant; a whole warrant is exercisable to purchase a common share at a price of $0.20 for a period of two years. Inverite has also issued 553,333 Units to settle an aggregate of $83,000 in loans, accrued interest and accounts payable (see above for the Unit terms).","length":847,"tagName":"p"},{"type":"text","content":"All Securities will be subject to a hold period until January 30, 2026.","length":71,"tagName":"p"},{"type":"text","content":"Insiders and related parties of the Company acquired 590,587 Units issued pursuant to the above transactions, with the associated common shares representing approximately 1.14% of the issued common shares upon closing and, if the associated warrants are exercised, an aggregate number of common shares representing approximately 1.71% of the then-issued common shares calculated as of closing. The participation by the insider constitutes a "related party transaction" within the meaning of the policies of the CSE and Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transaction insofar as it involves interested parties (within the meaning of MI 61-101) in the Placement exceeds 25% of the Company's market capitalization calculated in accordance with MI 61-101, and on the basis that no securities of the Company are listed or quoted on a stock exchange as specified in MI 61-101.","length":1295,"tagName":"p"},{"type":"text",...

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