The FUTR Corporation Closes $6 Million Financing

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[{"type":"text","content":"The FUTR Corporation Closes $6 Million FinancingToronto, Ontario--(Newsfile Corp. - September 12, 2025) - The FUTR Corporation (TSXV: FTRC) (OTCQB: FTRCF) (\"FUTR\" or the \"Company\"), a consumer-centric platform for data valuation and monetization, is pleased to announce that it has closed the final tranche of its $6 million non-brokered private placement bringing the total private placement amount to 20 million Units at $0.30 per Unit. Each Unit is priced at $0.30 per Unit and consists of one common share and one-half warrant. A total of 5,518,037 Units were issued in the final tranche. Each Warrant is exercisable to acquire one Common Share at a price of $0.45 until December 31, 2027, unless the stock trades at $2.20 per share on a VWAP basis over a 10-day period at which point the Board may determine to accelerate the expiration date of the Warrants to 30 days following a press release announcing such. Net proceeds of the offering will be used for general working capital and growth initiatives, including potential acquisitions. The Units were offered by way of private placement pursuant to exemptions from prospectus requirements under applicable securities laws. All securities issued are subject to a four month hold period until January 13, 2026, in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The Offering is subject to TSX Venture Exchange acceptance of regulatory filings.The Company paid to eligible persons a cash finder's fee of 7% of Units placed in the amount of $338,204 and finder's warrants of 1,127,348 equal to 7% of certain eligible Units sold under the Offering. Each Finder Warrant is exercisable to acquire one Unit of the Company until September 30, 2027, at an exercise price of $0.30 per Unit subject to an acceleration provision. The Company also announces today that it has granted incentive stock options and restricted share units to certain officers and consultants of the Company. An aggregate of 1,110,000 options were issued as well as 2,500,000 RSUs. The Options were granted at an exercise price of $0.335. The Options and RSUs have a term of 5 years will vest at a rate of 1/48th per month. All Options and RSUs were granted pursuant to the Company's Omnibus Equity Incentive Plan.The securities will be not registered under the United States Securities Act of 1933, as...

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