Ynvisible Announces Non-Brokered Private Placement
MWN-AI** Summary
Ynvisible Interactive Inc. (TSXV: YNV) has announced a non-brokered private placement to raise up to $2 million by issuing a maximum of 20 million units at a price of $0.10 per unit. Each unit comprises one common share and a warrant, with the latter allowing the purchase of an additional share at $0.14 for three years following the placement's closure. The proceeds will primarily be allocated for working capital and general corporate purposes.
The offering is subject to standard conditions, including approval from the TSX Venture Exchange. Ynvisible may engage qualified finders to identify potential investors and may pay associated finder’s fees governed by TSX policies. Participation from insiders will classify as a related party transaction under Multilateral Instrument 61-101, allowing the company to bypass certain approval regulations due to the value being less than 25% of the Issuer's market capitalization.
Notably, the securities will not be registered under U.S. securities laws and cannot be offered or sold within the United States without compliance. The announcement also serves as a reminder of the potential risks involved, including the possibility that the TSX may not approve the placement or that proceeds will not be utilized as intended. Forward-looking statements included highlight management’s expectations but caution against guaranteed results.
Ynvisible's innovative approach focuses on the sustainable electronics sector, leveraging roll-to-roll printing technology to create low-power e-paper displays suitable for various applications such as digital signage and smart labels. The company has positioned itself within the growing market of smart objects and IoT products. For further information, interested parties can contact Ynvisible’s investor relations team.
MWN-AI** Analysis
Ynvisible Interactive Inc. (TSXV: YNV) has announced a non-brokered private placement to raise up to $2 million through the issuance of units priced at $0.10 each. Each unit comprises one common share and one share purchase warrant, exercisable at $0.14 for three years following the closing. This financing initiative aims to provide capital for working purposes and general corporate activities.
From a market perspective, the structured private placement appears strategically advantageous. A subscription price of $0.10 per unit is notably below recent trading levels, which could attract new investors eager to capitalize on a perceived discount, potentially increasing liquidity. The Warrant component also enhances the appeal, allowing investors to participate in future value appreciation at a locked, favorable exercise price.
Investors should be mindful of the holding period; all securities will be subject to a statutory hold for four months plus one day post-closing, restricting immediate resale and implying a commitment from investors. However, the presence of insiders participating adds a layer of confidence; as aligned stakeholders, their investment suggests optimism about the company’s future prospects.
Ynvisible operates in the burgeoning low-cost, ultra-low power display sector, which could offer exponential growth as demand for sustainable solutions rises. However, potential investors should remain cautious about market volatility and the execution risks associated with the deployment of funds from this placement.
Overall, investors considering entering or expanding their position in Ynvisible should weigh the potential upside against the risks attached to the company's operational execution and current macroeconomic conditions. Keeping an eye on the TSXV’s acceptance and the pace of capital deployment will also be crucial for gauging Ynvisible's growth trajectory in this dynamic industry.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2026) - Ynvisible Interactive Inc. (TSXV: YNV) (FSE: 1XNA) (the "Company" or "Ynvisible") announces that it has arranged a non-brokered private placement financing (the "Private Placement") of up to 20,000,000 units (each, a "Unit") at a price of $0.10 per Unit to raise gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company (the "Shares", and each, a "Share") and one transferable share purchase warrant ("Warrant"). Each Warrant shall be exercisable into one additional common share at a price of $0.14 per share for a period of three years from the date of closing of the Private Placement.
Proceeds from the Private Placement will be used as working capital and for general corporate purposes. All securities to be issued by Ynvisible pursuant to the Private Placement will be subject to a statutory hold period expiring four months and one day from the date of closing of the Private Placement in accordance with applicable Canadian securities laws. Completion of the Private Placement is subject to customary closing conditions, including acceptance of the TSX Venture Exchange ("TSXV").
The Company may engage certain qualified finders to assist in fulfilling of the Private Placement by introducing the Company to potential Investors who wish to participate in the Private Placement, and pay finder's fees in accordance with TSX Policies.
Insiders of the Company may participate in the Private Placement. Such participation will constitute a "related party transaction" as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101") and the Company will rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as neither the fair market value of the securities purchased by insiders, nor the consideration for the securities paid by such insiders, will exceed 25% of the Issuer's market capitalization.
The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold within the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to available exemptions therefrom. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States.
About Ynvisible
Ynvisible is disrupting the low-cost and ultra-low power display industry thanks to the latest advantages in sustainable electronics and roll-to-roll printing production. Ynvisible's printed e-paper displays are ideal for low-power and cost-sensitive applications, such as digital signage, smart monitoring labels for supply chain and logistics, visual indicators for medical and diagnostics, or retail labels and signage. Ynvisible has experience, know-how, and intellectual property in electrochromic materials, inks, and systems, and offers a mix of services, technology and products to brand owners developing smart objects and IoT products. Additional information on Ynvisible is available at www.ynvisible.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Ramin Heydarpour
CEO and Executive Chairman
Ynvisible Interactive Inc.
For further information, please contact:
Investor Relations
+1 778-683-4324
ir@ynvisible.com
Public Relations
pr@ynvisible.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain statements that may be deemed "forward-looking" statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Ynvisible Interactive Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements.
Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the proposed Private Placement, the use of proceeds of the Private Placement, closing conditions for the Private Placement, the expiry of hold periods for securities distributed pursuant to the Private Placement, and TSX Venture Exchange acceptance of the Private Placement. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include: the Company not being able to complete the Private Placement on terms favourable to the Company or at all; that the TSX Venture Exchange may not accept the Private Placement; that the proceeds of the Private Placement may not be used as stated in this news release; the availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described in the Company's most recently filed Management's Discussion and Analysis.
Forward-looking statements are based on the beliefs, estimates and opinions of the management of Ynvisible Interactive Inc. on the date the statements are made. Except as required by law, Ynvisible Interactive Inc. undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
// NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES //
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288385
FAQ**
How does Ynvisible Interactive Inc's recent private placement impact the financial landscape for emerging technology companies in Vancouver, British Columbia, specifically in the sustainable electronics sector?
What are the potential risks and opportunities for investors in Ynvisible Interactive Inc - Class A YNVYF, considering its focus on low-power and ultra-low power display technologies?
How does the involvement of insiders in the private placement influence investor confidence and market perception of Ynvisible Interactive Inc - Class A YNVYF in Vancouver's tech ecosystem?
What regulatory challenges might Ynvisible Interactive Inc face in its private placement and overall operations within British Columbia's investment climate, especially for technology firms?
**MWN-AI FAQ is based on asking OpenAI questions about Ynvisible Interactive Inc. (TSXVC: YNV:CC).
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