Mr. Gadi Levin reports
SHELFIETECH LTD. ANNOUNCES CLOSING OF PRIVATE PLACEMENT
Further to the news releases of Nov. 6, 2025, Shelfie-Tech Ltd. has closed its non-brokered private placement, raising gross proceeds of $1,699,185 through the issuance of 1,179,990 common shares in the capital of the company at a price of $1.44 per share.
The company paid finders' fees totalling $135,934 to eligible finders in accordance with applicable securities laws and the policies of the Canadian Securities Exchange.
The shares issued under the private placement are subject to a four-month hold period pursuant to securities laws in Canada.
Proceeds from the private placement will be directed toward advancing the company's research and development, potential synergetic acquisitions, and working capital.
About Shelfie-Tech Ltd.
Shelfie-Tech is a technology company focused on providing shelf inventory management technological solutions for the retail industry, in particular for large grocery stores and supermarkets.
Using patent-pending technology, Shelfie-Tech's technological solution includes a robotic retail shelf monitoring system, which uses its self-developed proprietary software that utilizes machine learning and image processing algorithms to automatically optimize shelf inventory management.
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