Carbeeza Inc. extends private placement to raise up to $3 million for expansion

From GlobeNewswire: 2024-09-13 18:47:08

Carbeeza Inc. has extended its non-brokered private placement until October 11, 2024, to raise up to $3 million for marketing and expansion into the United States. The offering consists of 30 million units at $0.10 per unit, each including one common share and one warrant exercisable at $0.20 for 18 months. The private placement will be conducted under prospectus exemptions, including sales to accredited investors and existing shareholders. A finder’s fee may also be paid, subject to TSXV approval. The closing is contingent on regulatory approval, and the company encourages interested parties to contact for more information.

Carbeeza Inc. is a Canadian software company focused on the automotive market, utilizing AI to predict financing options for consumers anonymously through a mobile application. CEO Sandro Torrieri emphasized the benefits of Carbeeza to consumers and dealers. The company’s forward-looking statements highlight potential risks, and the release concludes with contact information for investor relations.



Read more at GlobeNewswire: Carbeeza Inc. Announces Private Placement Extension