AISIX Solutions Inc. (AISX:TSX.V; QT7: FSE) has successfully completed the first tranche of its non-brokered private placement, raising a total of CA$1,296,468 by issuing 37,041,942 units at CA$0.035 each. Each unit includes a common share and a two-year purchase warrant, exercisable at CA$0.065. The company incurred a cash finder’s fee of CA$42,323.75 and issued 1,209,250 warrants. AISIX aims to utilize these funds for working capital, marketing, acquisitions, and product enhancements. CEO Mihalis Belantis, now owning 20.6% of AISIX, emphasized that this financing reflects market confidence in their technology. Meanwhile, the climate tech sector is evolving with AI-driven solutions for risk analytics. AISIX’s offerings cater to multiple industries, providing asset-level assessments in light of environmental challenges, which are critical given the CA$320 billion in annual losses from climate disasters. The firm’s stock trades within a market cap of CA$3.423 million, emphasizing its growth potential in climate risk management.
Source link
Share
Read more