Light AI closes C$5 million private placement of secured convertible debenture units

• Light AI closed a private placement of secured convertible debenture units for gross proceeds of C$ 5 million.
• Financing comprised 5,000 units priced at C$ 1,000 each with 12% secured convertible debentures, maturing 24 months from closing.
• Debentures are convertible at C$ 0.13 per share; each unit also included 8,000 warrants at C$ 0.25, exercisable for 36 months.
• Proceeds earmarked for working capital, ISO 13485/QMS audit completion, Health Canada registration submission.

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. Light Ai Inc. published the original content used to generate this news brief on June 19, 2026, and is solely responsible for the information contained therein.