Mr. Steve Vanry reports
DEEPMARKIT CLOSES SECOND AND FINAL PRIVATE PLACEMENT TRANCHE
DeepMarkit Corp. has closed the second and final tranche of its previously announced non-brokered private placement for gross proceeds of $624,999.96. DeepMarkit issued 10,416,666 common shares in the second closing. Together with the first closing, completed on Nov. 18, 2025, DeepMarkit issued a total of 35,999,998 common shares for gross proceeds of $2.16-million.
The private placement was completed in connection with the acquisition by DeepMarkit of Prospect Prediction Markets Inc., completed on Nov. 18, 2025.
"The completion of this second tranche positions DeepMarkit to bring Prospect's innovative, blockchain-powered prediction markets to a significantly broader audience," said Steve Vanry, chief executive officer. "With this milestone behind us, our focus shifts to accelerating user acquisition and forging strategic partnerships -- key steps that further distinguish Prospect in an increasingly competitive and fast-evolving digital entertainment landscape."
The net proceeds from the private placement will be allocated as follows:
- Repayment of existing company debt, including deferred management salaries;
- Payment of the $50,000 obligation to Prospect Labs Inc.;
- Development and expansion of Prospect's platform;
- Marketing and product awareness;
- General corporate and administrative purposes.
All securities issued in connection with the private placement are subject to a statutory hold period of four months and one day in accordance with applicable Canadian securities laws. No finders' fees were paid in connection with the private placement.
About Prospect Prediction Markets Inc.
Prospect Markets is a sports fan engagement and prediction market platform where fans participate in free-to-play sports predictions. Built on the Avalanche blockchain, Prospect's ranking algorithm turns real-world sports events into dynamic prediction markets and rewards insight, strategy and community competition. Users predict outcomes, climb leaderboards, unlock achievements and engage with fellow fans through a fun, gamified experience designed for today's digital sports audience. Prospect's mission is to transform passive sports viewership into active participation, deepening fans' connection to the games they love.
About DeepMarkit Corp.
DeepMarkit is a technology company building and acquiring platforms that enable next-generation digital experiences across prediction markets, blockchain infrastructure, artificial intelligence and tokenization. DeepMarkit targets emerging ecosystems where innovative technologies drive user engagement and long-term value. Its portfolio includes Prospect Prediction Markets, a blockchain-powered sports prediction platform that uses a ranking algorithm and gamified mechanics to deliver competitive, free-to-play fan experiences.
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