Spetz Inc. Announces Upsized Private Placement Amid Strong Demand

Spetz Inc., a Toronto-based technology company, has announced an extension and upsizing of its private placement financing to a maximum of $10 million. Originally launched in March 2025, demand from investors has prompted the Canadian Securities Exchange to extend the offering deadline to June 23, 2025. The company expects the financing to conclude shortly.

Mitchell Demeter, Spetz's CEO, stated that the firm is nearing the final stages of the fundraising process. Shares held by Demeter are subject to a three-year escrow arrangement, ensuring their strategic release.

Additionally, Spetz plans its Annual General Meeting in early July, with specifics on dates and format to follow. The company emphasizes its commitment to shareholder engagement and strategic execution as it progresses with its long-term goals.