Redwood AI closes $3.5 million private placement at $2.11 per special warrant

• Redwood AI closed a private placement with a single U.S. institutional investor for up to 1,663,000 special warrants at $2.11 each.
• Gross proceeds totaled up to $3.5 million; funds earmarked for working capital and general corporate purposes.
• Special warrants convert into units; each unit includes one common share, one warrant exercisable at $2.48 for 60 months.
• Conversion occurs on the earlier of four months plus one day from closing or the prospectus supplement filing; 1.10 units if not filed within 90 days.

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. Redwood AI Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607211600ACCESSWRNAPR_____1194220) on July 21, 2026, and is solely responsible for the information contained therein.