00:13:39 EST Wed 10 Dec 2025
Enter Symbol
or Name
USA
CA



Inverite Insights Inc (2)
Symbol INVR
Shares Issued 51,623,169
Close 2025-12-08 C$ 0.37
Market Cap C$ 19,100,573
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Inverite Insights closes financing, debt settlement

2025-12-09 16:07 ET - News Release

Mr. Mike Marrandino reports

INVERITE CLOSES $862,123 PRIVATE PLACEMENT AND SHARES FOR DEBT ISSUANCE

Further to its news release dated Nov. 28, 2025, Inverite Insights Inc. has closed the private placement in the amount of 3,448,492 units for aggregate proceeds of $762,123 and in settlement of $100,000 in debt. Each unit comprises a common share and one-half warrant; a whole warrant is exercisable to purchase a common share at a price of 35 cents for a period of two years.

In connection with the private placement, the company paid finders' fees of $10,500 in cash and 42,000 warrants exercisable at 35 cents for two years. All securities will be subject to a hold period until April 9, 2026.

Insiders and related parties of the company acquired 808,492 units issued pursuant to the above transactions, with the associated common shares representing approximately 1.47 per cent of the issued common shares upon closing and, if the associated warrants are exercised, an aggregate number of common shares representing approximately 2.19 per cent of the then-issued common shares calculated as of closing. The participation by the insider constitutes a related party transaction within the meaning of the policies of the CSE and Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying upon the exemptions from the formal valuation and minority shareholder approval requirements pursuant to sections 5.5(a) and (b), and 5.7(1)(a), respectively, of MI 61-101 on the basis that neither the fair market value of the subject matter of nor the fair market value of the consideration for the transaction, insofar as it involves interested parties (within the meaning of MI 61-101) in the placement, exceeds 25 per cent of the company's market capitalization calculated in accordance with MI 61-101 and on the basis that no securities of the company are listed or quoted on a stock exchange as specified in MI 61-101.

About Inverite Insights Inc.

Inverite Insights is a Vancouver-based, AI-driven (artificial intelligence) software provider specializing in real-time financial data. With a vast database of over 30 billion financial data points from more than seven million unique Canadian consumer transactions, Inverite empowers businesses to transact more effectively with consumers through innovative solutions for data enrichment, identity, risk management and compliance.

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