00:16:13 EST Wed 10 Dec 2025
Enter Symbol
or Name
USA
CA



Luxxfolio Holdings Inc (2)
Symbol LUXX
Shares Issued 27,113,164
Close 2025-12-08 C$ 0.18
Market Cap C$ 4,880,370
Recent Sedar Documents

Luxxfolio closes $786,080 first tranche of placement

2025-12-09 11:27 ET - News Release

Mr. Tomek Antoniak reports

LUXXFOLIO ANNOUNCES CLOSING OF FIRST TRANCHE OF PRIVATE PLACEMENT

Luxxfolio Holdings Inc. has closed its first tranche of the previously announced non-brokered private placement of units in the capital of the company for gross proceeds of $786,080 through the issuance of 4,624,000 units at a price of 17 cents per unit.

Each unit consists of one common share of the company and one share purchase warrant. Each warrant entitles the holder thereof to purchase an additional share at an exercise price of 35 cents per warrant share for a period of 24 months from the closing of the offering.

The company paid $53,345 in cash finders' fees and issued 313,796 share purchase warrants in connection with the offering in accordance with applicable securities laws and the policies of the Canadian Securities Exchange. Completion of the offering is subject to customary conditions and the receipt of all necessary approvals. The finders' warrants entitle the holder to purchase one share at a price of 35 cents for a period of 24 months from the date of issuance.

The company intends to use the net proceeds of the offering for general working capital and development of its Litecoin and stablecoin projects.

The company also announces that it has changed its auditor from Kenway, Mack, Slusarchuk, Stewart LLP (KMSS) to Can Partners LLP, effective Nov. 4, 2025. Can Partners will hold office until the company's next annual general meeting of shareholders. In accordance with National Instrument 51-102 -- Continuous Disclosure Obligations, the notice of change of auditor, together with the required letters from the former auditor and the successor auditor, have been reviewed by the company's audit committee and have been filed on SEDAR+. There was no modified opinion in KMSS's audit reports with respect to the company's financial statements for the two most recently completed fiscal years. There were no reportable events (as defined in NI 51-102) between KMSS and the company. The board of directors thanks KMSS for their efforts and services over the last several years.

About Luxxfolio Holdings Inc.

Luxxfolio is a digital infrastructure and technology company focused on enabling the next generation of crypto-powered commerce. The company is actively developing and investing in on-chain technologies that support real-world cryptocurrency use cases, including stablecoin payments, merchant processing and self-custody wallets. Luxxfolio has adopted a Litecoin treasury strategy as part of its long-term vision. With a foundation in decentralized systems and digital assets, Luxxfolio aims to help accelerate the mainstream adoption of crypto for everyday payments.

We seek Safe Harbor.

© 2025 Canjex Publishing Ltd. All rights reserved.