Neighborhood Intelligence prices registered direct offering at $45.5 million

• Neighborhood Intelligence set a registered direct offering of 16,485,508 common shares or pre-funded warrants at $2.76 each.
• Gross proceeds expected at about $45.5 million; closing targeted on or about Oct. 6, 2026.
• Warrants issued to buy up to 16,123,189 shares at $3.45; exercisable in six months; expire five years later.
• Highbridge led the deal; management participated, including Marcus Lemonis; CEO to buy shares only without warrants.
• Net proceeds earmarked to accelerate merger synergies, build inventory, support working capital; at-the-market facility cut to about $75 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neighborhood Intelligence Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20261005545003) on October 05, 2026, and is solely responsible for the information contained therein.