Business
Parvis Announces Second Tranche of Convertible Debenture Financing
Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Parvis Invest Inc. (TSXV: PV...
About this update from Parvis Invest Inc
[{"type":"text","content":"Parvis Announces Second Tranche of Convertible Debenture FinancingVancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Parvis Invest Inc. (TSXV: PVIS) (\"Parvis\" or the \"Company\"), a technology-enabled platform redefining access to real estate and alternative private market investments, today announced the second tranche (the \"Second Tranche\") of its non-brokered private placement offering (the \"Offering\") of unsecured convertible debentures (the \"Debentures\") previously announced in the Company's news releases of June 4, 2025, and June 6, 2025. As with the first tranche of the Offering completed on June 6, 2025 (the \"First Tranche\"), the Second Tranche will consist of gross proceeds of C$300,000. The Company intends to proceed with the closing of the Second Tranche in near term. The Debentures will be issued pursuant to separate subscription agreements and will bear interest at 10% per annum, maturing 24 months from the date of issuance, unless earlier converted in accordance with their terms. The Debentures issuable under the Second Tranche will be convertible into common shares of the Company at the option of the holder at a fixed conversion price of $0.20. All conversions are subject to the terms and conditions set out in the applicable Debenture certificates and to the approval of the TSX Venture Exchange (\"TSXV\"), including compliance with its minimum pricing and price reservation requirements and all applicable securities laws. The Debentures issued pursuant to the Second Tranche are subject to a statutory hold period of four months and one day from the date of issuance. Final closing of the private placement is subject to receipt of TSXV approval. No finders' fees or commissions were paid in connection with the Second Tranche of the Offering.Upon completion of the Second Tranche, the Company will have raised an aggregate of $600,000 from the Offering. This aggregate includes $300,000 raised in the First Tranche.The proceeds from the Debentures are intended to be used for general working capital and corporate purposes, including continued development and expansion of the Company's technology platform and investment product offerings.ParvisParvis is a technology-driven investment platform delivering streamlined access to institutional-quality real estate and alternative investments. Headquartered...