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GridAI Technologies Agrees to USD 2.15 Million Private Placement of Warrants

PUBT·10/28/2026 20:51:25
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GridAI Technologies Agrees to USD 2.15 Million Private Placement of Warrants
  • GridAI Technologies agreed on October 22, 2026, to a private placement raising approximately US$2.15 million in gross proceeds.
  • The offering comprises 462,365 pre-funded warrants and 462,365 common stock purchase warrants, priced together at US$4.65 per pair.
  • Pre-funded warrants are immediately exercisable at US$0.0001 per share and have no expiration date.
  • Common warrants are immediately exercisable at US$4.525 per share, with cashless exercise available if underlying shares are not registered.
  • Net proceeds will fund general corporate purposes, potentially including acquisitions, debt repayment and working capital.


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. GridAI Technologies Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-119636), on October 28, 2026, and is solely responsible for the information contained therein.