AlphaGen Intelligence Corp. has successfully closed a non-brokered private placement offering, raising $2,500,000 through the issuance of 10,000,000 units at $0.25 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with plans to use the net proceeds for general working capital. The securities issued are subject to a statutory four-month hold period. The Company also paid finder’s fees totaling $39,500 and issued 158,000 finder’s warrants. These securities have not been registered under the U.S. Securities Act and may not be offered or sold in the United States.

AlphaGen Intelligence Corp. (CSE: AIC | FSE: G4G) is a publicly traded technology company with a focus on generative AI and 3D content production. The company’s operational units include Shape Immersive and MANA, catering to entertainment, eCommerce, and retail environments. With a client list that includes RTFKT, Olympics, Red Bull, and more, AlphaGen aims to empower partner companies through innovative technology solutions. For more information, visit https://alphagen.co.

Read more at GlobeNewswire: AlphaGen Closes Private Placement of $2.5 million