NuRAN Wireless completes C$7.6 million private placement of Series A convertible preferred shares

• NuRAN Wireless completed a private placement of Series A convertible preferred shares for aggregate consideration of $7.6 million.
• Issued 1,788,233 preferred shares at $4.25 each, funded by $3 million cash with the remainder via debt and salary settlements.
• Transaction cut liabilities, lifted shareholders’ equity by about C$7.6 million; cash earmarked for business development, general working capital.
• Also issued 200,000 A warrants at $10 strike, four-year term; 1,588,233 B warrants at $5 strike, five-year term.
• Canadian statutory hold period applies until Dec. 15, 2026; securities were not registered under the US Securities Act.

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. Nuran Wireless Inc. 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: 0001753926-26-001560), on August 20, 2026, and is solely responsible for the information contained therein.