The Great Assets
  • Business
  • World News
  • Politics
  • Investing
  • Business
  • World News
  • Politics
  • Investing

The Great Assets

Investing

Syntheia Announces Private Placement

by admin May 30, 2025
May 30, 2025
Syntheia Announces Private Placement

Syntheia Corp. (CSE: SYAI) (Syntheia.ai) (the ‘Company’), is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $500,000 through the issuance of up to 5,000,000 units (each, a ‘Unit’) at a price of $0.10 per Unit (the ‘Offering’).

Each Unit will be comprised of one common share in the capital of the Company (each, a ‘Common Share‘) and one Common Share purchase warrant (each, a ‘Warrant‘). Each Warrant is exercisable to acquire one Common Share at a price of $0.13 until the date that is two years from the closing of the Offering (the ‘Expiry Date‘), subject to an accelerated expiry in the event the volume weighted average trading price of the Common Shares exceeds $0.13 for 20 consecutive trading days, the Company may, within 10 business days of the occurrence of such event, deliver a notice to the holders of the Warrants accelerating their Expiry Date to a date that is not less than 30 days following the date of such notice and the issuance of a press release by the Company announcing the acceleration notice (the ‘Accelerated Exercise Period‘). Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.

Gross proceeds raised from the Offering will be used for working capital and general corporate purposes. Closing of the Offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of Canadian Securities Exchange (the ‘CSE‘). In connection with the Offering, the Company may pay finders’ fees in cash or securities or a combination of both, as permitted by the CSE. All securities issued in connection with the Offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States. The securities 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 or to U.S. Persons as defined under applicable United States securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Syntheia

Syntheia Corp. is an early-stage artificial intelligence technology company, channeling its efforts into refining and expanding its proprietary, conversational AI-based platform (the ‘Syntheia AI Platform‘). The Syntheia AI Platform represents the integration of natural language processing (‘NLP‘) technology, enabling it to not only understand but also respond to human language with accuracy. The Syntheia AI Platform, a generative, AI-powered algorithm equipped with a human-like voice, boasts self-learning capabilities derived from NLP methodologies.

Currently in beta testing, the Syntheia AI Platform is crafted to offer a suite of automated solutions, particularly for retail-focused businesses where customer interaction and service are key to operations. At the heart of the Syntheia AI Platform is its use of AI to emulate human cognitive processes, combined with a sophisticated large language model, which is integral for interpreting and generating human-like language responses.

For further information, please contact:

Tony Di Benedetto
Chief Executive Officer
Tel: (416) 791-9399

Cautionary Statement

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains certain ‘forward-looking information’ within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as ‘plan’, ‘expect’, ‘project’, ‘intend’, ‘believe’, ‘anticipate’, ‘estimate’, ‘may’, ‘will’, ‘would’, ‘potential’, ‘proposed’ and other similar words, or statements that certain events or conditions ‘may’ or ‘will’ occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.

The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253829

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

previous post
Osisko Metals Announces Voting Results of Annual and Special Meeting of Shareholders
next post
Trump denounces court’s ‘political’ tariff decision, calls on Supreme Court to act quickly

Related Posts

5 Small-cap Biotech ETFs to Watch

May 21, 2025

Stardust Power Shares Boosted by Sumitomo Lithium Offtake...

February 6, 2025

Strategic Partnership secures long-term future for the Storm...

April 9, 2025

Skyharbour Announces Closing of Option and Purchase Agreements...

February 11, 2025

Cygnus intersects new high-grade gold, plus visible gold*...

April 17, 2025

RIU Conference Presentation

May 6, 2025

Chemphys Placement Participation Funds Received

January 28, 2025

Crypto Market Recap: Circle, Klarna and Chime May...

April 5, 2025

Ross Beaty: Gold’s Positive Drivers Still at Play,...

February 2, 2025

Los Andes Copper at 121 Mining Investment London

May 9, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Editors’ Picks

    • 1

      Top 11 Countries by Rare Earth Metal Production

      February 27, 2025
    • 2

      Capital One outage drags into Friday afternoon, leaving some customers without deposit access

      January 23, 2025
    • 3

      Bank of America CEO says financial industry will jump into crypto payments if regulators allow it

      January 23, 2025
    • 4

      Altech Batteries LtdCERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 5

      Netflix shares soar as company reports surging revenue, tops 300 million subscribers

      January 23, 2025
    • 6

      Altech – CERENERGY Accredited Highest Possible Green Rating

      January 24, 2025
    • 7

      Strategic Alliance with Macmahon to Accelerate Redevelopment of Nifty

      January 23, 2025
    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Disclaimer: thegreatassets.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 thegreatassets.com | All Rights Reserved