Mr. Anthony Zelen reports
HUMANOID GLOBAL ANNOUNCES INCREASE IN PRIVATE PLACEMENT
Further to Humanoid Global Holdings Corp.'s (formerly, New Wave Holdings Corp.) news release on June 23, 2025, due to added interest, it is increasing the maximum amount to be raised under its previously announced non-brokered private placement of units of the company from 10 million units to up to a maximum of 10.5 million units at a price of 30 cents per unit, for aggregate gross proceeds up to $3.15-million.
Each unit will consist of one common share in the capital of the company and one transferrable common share purchase warrant. Each warrant will entitle the holder to purchase one additional share at a price of 35 cents for a period of 24 months from the closing of the offering.
In connection with the offering, the company will pay finders' fees of up to 7.0 per cent of the gross proceeds raised by the company from the sale of units to subscribers directly introduced to the company by eligible finders. In addition, the company will issue to eligible finders non-transferable finders' warrants of up to 7.0 per cent of the number of units sold in the offering. Each finder's warrant will entitle the holder to acquire one share at a price of 35 cents per share for a period up to 24 months from the date of issuance, all in accordance with the policies of the Canadian Securities Exchange (CSE).
The company intends to use the proceeds for corporate development, marketing and general working capital. Completion of the offering is subject to certain conditions including receipt of all necessary corporate and regulatory approvals, including the CSE. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation and the policies of the CSE. The offering is not subject to a minimum aggregate amount of subscriptions.
About Humanoid Global Holdings Corp.
Humanoid Global Holdings is an investment issuer that has been focused on supporting innovative and fast-growing companies within the e-sports, artificial intelligence, blockchain and Web3 sectors.
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