Predictiv AI Announces New Financing Strategies

Predictiv AI Inc., a company specialized in artificial intelligence and data science, has unveiled a new non-brokered private placement aimed at raising up to $250,000. The offering includes up to 12,500,000 units priced at $0.02 each, with each unit consisting of a share and a warrant that allows purchasing an additional share at $0.05 within 24 months. This move comes with an acceleration clause tied to the share price performance on the TSXV NEX.

In a parallel effort to manage its working capital and fund operations, Predictiv AI has also initiated debt settlement agreements converting $500,000 in payables into common shares at the same price of $0.02 per share, translating into 25,000,000 shares. Notably, insiders will receive over 9 million of these settlement shares, qualifying the transaction as a "related party transaction" under Canadian securities laws. Such strategic financial maneuvers are subject to the approval of the TSX Venture Exchange NEX.