Mr. Andrew Shore reports
BOBA MINT HOLDINGS COMPLETES $750,000 FINANCING PROGRAM LED BY CEO ANDREW SHORE
Boba Mint Holdings Ltd. has completed its previously announced financing initiatives, bringing aggregate gross proceeds raised since January, 2026, to $750,000.
The financings were initiated with a $250,000 investment by Andrew Shore, chief executive officer of the company, and were subsequently supported by additional investors.
The company has completed the final closing by issuing 1.75 million common shares at a price of 10 cents per share for gross proceeds of $175,000. Together with the $250,000 financing closed in January, 2026, and the $325,000 tranche closed in May, 2026, the company has now raised aggregate gross proceeds of $750,000.
The capital strengthens Boba Mint's balance sheet and provides additional working capital to continue investing in the development and commercialization of its core technology businesses, including its consumer application and gaming initiatives.
Management believes the financing provides the company with greater flexibility to continue executing its product strategy while focusing on growing its operating businesses and progressing toward sustainable cash flow generation.
"Completing this financing gives us the capital to continue doing what we believe creates the most value: building products, getting them into market and growing the businesses around them," said Andrew Shore, chief executive officer of Boba Mint Holdings. "We have spent the past several months investing heavily in our technology and product pipeline. With this financing completed, our focus remains on execution, growing our existing businesses and building toward increasingly sustainable cash flow."
The gross proceeds from the financings are intended to be used for general working capital and continued investment in the company's existing technology, application and gaming businesses.
All securities issued in connection with the final closing are subject to a statutory hold period of four months plus one day from the date of issuance.
About Boba Mint Holdings Ltd.
Boba Mint Holdings is a consumer artificial intelligence company focused on building intelligent applications that simplify everyday decision making. Through its flagship platform, Amino AI, the company combines artificial intelligence, nutrition and rewards to help people build healthier habits through an engaging and personalized experience. The company continues to invest in AI-powered (artificial intelligence) consumer technologies designed to improve health, wellness and everyday decision making.
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