AlphaGen Intelligence Corp. Completes Financial Offering Successfully

AlphaGen Intelligence Corp. Completes Financial Offering
AlphaGen Intelligence Corp. (CSE:AIC, OTC:APETF) has announced the successful closing of its non-brokered private placement financing. The Company issued a total of 3,900,000 units at a price of C$0.135 per unit, raising gross proceeds of C$526,500. Each unit consists of one common share and one share purchase warrant, providing a solid funding structure to bolster AlphaGen's business initiatives.
Details of the Offering
The proceeds from the offering will be directed towards general administrative expenditures and working capital needs. This infusion of capital is crucial for supporting AlphaGen's ongoing projects and operational expansion. Additionally, a finder’s fee amounted to $7,492.50 was paid in cash upon the closing of this financing.
Use of Proceeds
The Company intends to utilize the net proceeds from the offering for enhancing overall operations and budget allocations to support its strategic initiatives. This allocation demonstrates AlphaGen’s commitment to growth and enhances investor confidence in its future performance.
Company Profile
AlphaGen Intelligence Corp. is a pioneering entity in technology, focusing on assets related to generative AI and 3D content production. The Company’s operational framework includes Shape Immersive and MANA, where Shape provides metaverse experiences for leading brands, while MANA focuses on enhancing community engagement through innovative SaaS solutions. The collaborations include prestigious clients like Red Bull, TED, and the Olympics, showcasing AlphaGen's significant market presence.
Contact Information
For further inquiries, interested parties can reach out to the Investor Relations team via email at info@alphagen.co or contact them by phone at 604 359 1256. The Media and Public Relations team can also be contacted at the same email address for any media-related queries.
Frequently Asked Questions
What is AlphaGen Intelligence Corp. known for?
AlphaGen Intelligence Corp. specializes in technology related to generative AI and 3D content production for various sectors including entertainment and retail.
How much did AlphaGen raise in its latest offering?
AlphaGen raised gross proceeds of C$526,500 through its recent offering of 3,900,000 units.
What will the proceeds from the offering be used for?
The proceeds will primarily support general administrative expenditures and working capital, positioning AlphaGen for future growth.
Who are AlphaGen's notable clients?
Some of AlphaGen's notable clients include Red Bull, TED, Intel, and partnerships tied to significant events like the Olympics.
Where can I find more information about AlphaGen?
Additional information about AlphaGen can be found on their official website, as well as on financial profiles accessible through regulatory bodies.
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