22:34:33 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



ATI Airtest Technologies Inc (2)
Symbol AAT
Shares Issued 222,672,582
Close 2023-10-18 C$ 0.01
Market Cap C$ 2,226,726
Recent Sedar Documents

ATI Airtest amends $300,000 private placement

2023-10-23 09:05 ET - News Release

Mr. Ted Konyi reports

ATI AIRTEST ANNOUNCES AMENDMENT TO $300,000 NON-BROKERED PRIVATE PLACEMENT

ATI Airtest Technologies Inc., further to its news release dated Sept. 12, 2023, has amended the terms of its previously announced non-brokered private placement by increasing the number of units of the company being sold and reducing the subscription price per unit from 1.5 cents to one cent per unit. Accordingly, the offering will now consist of the issuance of up to 30 million units at a price of one cent per unit for gross proceeds of up to $300,000. All other terms of the offering will remain unchanged.

The company intends to use the proceeds from the financing for general working capital. Insiders may participate in the financing and finder's fees may be payable to eligible finders.

For more information on the financing, please see the company's news release dated Sept. 12, 2023, filed under its profile on SEDAR+.

All securities issued in connection with the financing will be subject to a statutory hold period expiring four months and one day after closing. Completion of the financing is subject to the approval of the exchange. Any participation by insiders will constitute a related party transaction under Multilateral Instrument 61-101 -- Protection of Minority Security Holders in Special Transactions but is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

About ATI Airtest Technologies Inc.

ATI is a greentech Internet of things company with proprietary sensor technologies that drive proven energy savings while simultaneously improving air control and quality in commercial and government structures. Over the past decade, ATI has installed thousands of wired systems in major chains such as Canadian Tire, Walmart, Shoppers Drug Mart and enclosed parkades. The company is now launching a new line of wireless technologies with improved capabilities and dynamics, which will reduce carbon emissions, increase air quality in a COVID-19 environment, and provide attractive energy and cost savings.

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