(via TheNewswire)
Toronto, Ontario – August 17, 2026 – TheNewswire - Eventer Technologies Ltd. (the “ Company ” or “ Eventer ”) (TSXV: EVNT), a SaaS-based platform for the management and sale of tickets for live events , is pleased to announce that it has closed its non-brokered private placement (the “ Offering ”), as previously announced on July 2, 2026.
Under the Offering, the Company raised C$2,475,000 from the sale of 33,000,000 units (each, a “ Unit ”) at C$0.075 per Unit. Each Unit is comprised of one common share in the capital of the Company (each, a “ Common Share ”) and one Common Share purchase warrant (each, a “ Unit Warrant ”). Each Unit Warrant entitles the holder to purchase one Common Share for US$0.072 per Common Share, equivalent to C$0.10 per Common Share, until August 17, 2029. The Unit Warrants will also have an acceleration provision whereby upon the securities of Eventer being approved for trading on the Nasdaq Stock Market, the Company will accelerate the expiry date of 50% of the unexercised Unit Warrants and provide three (3) business days’ advance written notice to holders thereof of such accelerated expiry date. The Unit Warrants are non-transferable.
The Company intends to use the net proceeds of the Offering for general working capital purposes, including the evaluation of prospective transactions, settlement of liabilities, and other corporate and administrative expenses. All securities issued under the Offering, including any Common Shares and Common Shares issuable upon exercise of Unit Warrant, are subject to a restricted period of four months and one day from the date hereof. The Offering is subject to the final approval of the TSX Venture Exchange and any other applicable regulatory approvals.
In connection with the Offering, the Company paid an aggregate of C$204,188 in finder's fees to a qualified arm's length party (the “ Finder ”). The Finder was also issued 4,125,000 Common Shares as compensation to the Finder.
The securities of the Company referred to in this press release 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. Accordingly, the securities of the Company may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release does not constitute an offer to sell or a solicitation of any offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.
About Eventer
Eventer is an Israeli technology company operating a SaaS-based platform for the management and sale of tickets for live events, including performances, festivals, conferences, lectures, courses, nightlife events and other consumer experiences. The Company provides event organizers with an end-to-end operational platform designed to support the full lifecycle of an event, including ticket sales management, attendee administration, marketing tools, customer support services and event-entry solutions. In addition to its software platform, Eventer provides ancillary services to organizers, including sales and marketing support and secure payment processing solutions through third-party service providers.
For further information, please contact:
Yossi Lapovsky
CFO
Eventer Technologies Ltd.
Telephone: 972 50 9079929
Email: yossi@eventer.co.il
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities legislation. All statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and intentions of the Company. Forward-looking statements in this news release include, but are not limited to, statements regarding: the intended use of the net proceeds of the Offering; the evaluation of prospective transactions; the potential approval of the Company's securities for trading on the Nasdaq Stock Market and the resulting acceleration of the expiry date of the Unit Warrants; and the receipt of all necessary regulatory approvals, including final acceptance of the TSX Venture Exchange.
Forward-looking statements are frequently identified by words such as “intends”, “expects”, “anticipates”, “believes”, “plans”, “will”, “may”, “prospective” and similar expressions, or statements that events, conditions or results “will”, “may”, “could” or “should” occur or be achieved. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and reflect management's current expectations and assumptions, including assumptions regarding: the receipt of all required regulatory approvals; the sufficiency of the net proceeds for their intended purposes; and general market conditions remaining stable.
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, among others: the risk that the Company may not receive final acceptance of the TSX Venture Exchange; the risk that the Company's securities may not be approved for trading on the Nasdaq Stock Market; the risk that the net proceeds may be used for purposes other than those currently intended; the Company's need for additional financing and the availability of such financing on acceptable terms; changes in laws, regulations and policies; and general economic, market and business conditions.
Readers are cautioned not to place undue reliance on forward-looking statements. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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