AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) announced a project private placement without intermediary up to 6,000,000 units at $0.05 per unit, aiming to raise up to $300,000Each unit consists of one common share and one warrant, exercisable at $0.10 per share for two years. The Company intends to use the net proceeds to working capital requirementsThe private placement is subject to regulatory approvals, including from the Canadian Securities Exchange. AI/ML Innovations is focused on artificial intelligence and machine learning in the digital health and wellness sector, with investments in Health Gauge, Tech2Heal and AI Rx Inc.
AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) announced a proposed non-intermediate private colocation fino to 6,000,000 units at $0.05 per unit, with the fino obiettivo di raccogliere at $300,000. Each unit is composed of a regular case and a mandate, exercisable at $0.10 per case per year. The company prevents the use of available resources for the esigenze di circulating capital. Private placement is a subject of regulatory approval, including the Canadian stock exchange. AI/ML Innovations if focused on artificial intelligence and machine learning in digital salvation and wellness, with investments in Health Gauge, Tech2Heal and AI Rx Inc.
AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) announced a proposed Private shared accommodation without an intermediary up to 6,000,000 units at $0.05 per unit, with the goal of recovering up to $300,000. Each unit consists of one common share and one purchase option, exercisable at $0.10 per share over two years. The company plans to use the net proceeds to requirements for working capital. Private co-location is subject to regulatory approvals, including the Canadian Securities Exchange. AI/ML Innovations se enfoca fr artificial intelligence and machine learning in the digital health and wellness sector, with conversions to Health Gauge, Tech2Heal and AI Rx Inc.
AI/ML Innovations Inc. (CSE: AIML) (OTCQB: AIMLF) (FWB: 42FB) Priced at $6,000,000 for $0.05 English translationThat’s right. $300,000It’s true. 각 단위는 하나의 보통주와 두 년 동안 $0.10 행사 가능한 하나의 보증서로 . 회사는 순수익을 The best of the bestThat’s right. This is about a person who found himself in a difficult situation. AI/ML Innovations is being developed and developed English translationThese are Health Gauge, Tech2Heal, AI Rx Inc..
AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) announced a proposed non-intermediary private placement up to 6,000,000 units at $0.05 per unit, aiming to raise up to $300,000. Each unit consists of one common share and one warrant, exercisable at $0.10 per share for two years. The Company plans to use the net proceeds to its working capital requirements. The private placement is subject to regulatory approvals, including that of the Canadian Stock Exchange. AI/ML Innovations focuses on artificial intelligence and machine learning in the digital health and wellness sector, with investments in Health Gauge, Tech2Heal and AI Rx Inc.
AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) has an overview no vermittelte Privatplatzierung von bis zu 6,000,000 Einheiten zu je $0.05 pro Einheit bekannt gegeben, mit dem Ziel, bis zu $300,000 zu samplen. This is a best-selling contract and a Warrant, for two years with a price of $0.10 per month. The Factory Das Unternehmen, die Cleanerlöse für Characteristics of working capital to use. The private platform is under the responsibility of the regulatory bodies, and it is also insured by the Canadian stock exchange. AI/ML Innovations are concentrated on Künstliche Intelligenz et machinelles Lernen in the digital economy and wellness sector, with investments in Health Gauge, Tech2Heal and AI Rx Inc.
Positive
- Potential to raise up to $300,000 for working capital
- Warrants provide additional future financing potential at $0.10 per share
- Strategic focus on AI and ML in the digital health sector
Negative
- Potential dilution of existing shareholders due to the issuance of new shares
- A low unit price of $0.05 may indicate financial difficulties or low market valuation.
VICTORIA, BC / ACCESSWIRE / August 9, 2024 / AI/ML Innovations Inc. (“AI/ML” or the “Company”) (CSE: AIML)(OTCQB: AIMLF)(FWB: 42FB) is pleased to announce that it intends to complete a non-brokered private placement of up to 6,000,000 units (“Units”) at a price of
The common shares and warrants comprising the units will be subject to a hold period of four months and one day in accordance with the policies of the CSE and applicable securities laws.
The Company intends to use the net proceeds of the private placement for its working capital needs.
The Company will pay finder’s fees to qualified finders who assist in selling the Units, in cash or securities or a combination thereof, as permitted by CSE policy and applicable securities laws.
The private placement is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange.
For more information on AI/ML innovations:
For detailed information, please refer to AI/ML’s website or the company’s filings at www.sedar.com.
For more information contact: Blake Fallis at (778) 405-0882 or info@aiml-innovations.com.
About AI/ML Innovations Inc. https://aiml-innovations.com/
AI/ML Innovations Inc. has realigned its business operations to capitalize on the rapidly growing fields of artificial intelligence (AI) and machine learning (ML), with an initial focus on emerging digital health and wellness companies that leverage AI, ML, cloud computing and digital platforms to deliver transformative healthcare management solutions and precision support delivery across the healthcare continuum. Through strategic partnerships with Health Gauge (
On behalf of the Board of Directors
Tim Daniels, Executive Chairman
THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION, NOR WILL THERE BE ANY OFFER, SALE OR SOLICITATION OF SECURITIES IN ANY STATE OF THE UNITED STATES IN WHICH SUCH OFFER, SALE OR SOLICITATION WOULD BE UNLAWFUL.
Neither the CSE nor its regulatory service provider (as this term is defined in the CSE policies)
accepts responsibility for the adequacy or accuracy of this release.
SOURCE: AI/ML Innovations, Inc.
View original press release on accesswire.com
FAQ
What is the objective of the private placement proposed by AI/ML Innovations (AIMLF)?
AI/ML Innovations (AIMLF) leads private placement to raise up to $300,000 for working capital needs.
How many units is AI/ML Innovations (AIMLF) offering in its August 2024 private placement?
AI/ML Innovations (AIMLF) Offers Up to 6,000,000 Units in its August 2024 Private Placement.
What is the price per unit of the AI/ML Innovations private placement (AIMLF) announced on August 9, 2024?
The price per unit of AI/ML Innovations’ private placement (AIMLF) is $0.05.
What does each unit of the AI/ML Innovations Private Placement (AIMLF) consist of?
Each unit consists of one common share and one warrant, the warrant being exercisable at $0.10 per share for two years.
