QualityStocksNewsBreaks – SPARC AI Inc. (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) Announces Brokered Private Placement for Gross Proceeds of Up to $5.46 Million
This article has been disseminated on behalf of SPARC AI Inc. and may include paid advertising. SPARC AI (CSE: SPAI) (OTCQB: SPAIF) (Frankfurt: 5OV0) announced a brokered private placement for aggregate gross proceeds of up to $5,462,202, consisting of up to 1,285,224 units priced at $4.25 per unit. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable at $5.25 for a period of 60 months after the closing date. The company intends to use the net proceeds for further development of its Overwatch Platform, including new features and defense-specific capability, customization for…