Mr. Colin Frost reports

IMPACT ANALYTICS ANNOUNCES PRIVATE PLACEMENT OFFERING OF UP TO $2,000,000

Impact Analytics Inc. has arranged a non-brokered private placement for a minimum of $800,000 and up to a maximum of two million units of the company at a price of $1 per unit for aggregate gross proceeds of up to $2-million. Each unit consists of one common share of the company and one common share purchase warrant. Each warrant entitles its holder to purchase one additional common share at an exercise price of $2 for a period of 24 months from the date of issue.

Closing of the offering is anticipated to occur on or about June 6, 2024. Closing is subject to certain conditions, including, but not limited to, receiving subscriptions for the minimum amount of $800,000 under the offering and the receipt of all necessary regulatory and other approvals. The net proceeds of the offering are intended to be used for development of the company's product stack by Research Laundry LLC, including Lana Cash, Credissential and the PACT platform, and for general working capital purposes. Finders' fees may be paid to eligible arm's-length persons with respect to certain subscriptions accepted by the company.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 -- Prospectus Exemptions, the units issuable under the offering will be offered for sale to purchasers resident in Canada and other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A.2 of NI 45-106. Because the offering is to be completed pursuant to the LIFE exemption, the securities issued in connection with the offering will not be subject to resale restrictions in accordance with applicable Canadian securities laws.

There is an offering document dated April 24, 2024, related to the offering that can be accessed under the company's profile on SEDAR+ and on the company's website. Prospective investors should read this offering document before making an investment decision.

About Impact Analytics Inc.

Impact Analytics is a risk assessment, data intelligence and financial services platform powered by artificial intelligence. The company is building a proprietary product stack to optimize and streamline financial decision-making for enterprises and individuals.

We seek Safe Harbor.