ImagineAR completes $350,000 private placement offering

ImagineAR Inc. (CSE: IP) announced the completion of its non-brokered private placement offering, raising gross proceeds of $350,013.37. The Canadian Securities Exchange-listed company sold 11,667,112 units at $0.03 per unit.

Each unit consists of one common share and one warrant. The warrants allow holders to purchase additional common shares at $0.05 each for 36 months from the closing date of November 14, 2025. All securities issued carry a four-month and one-day hold period under Canadian securities laws.

The offering requires regulatory approvals, including from the Canadian Securities Exchange. ImagineAR plans to use the net proceeds for general working capital, operations, legal expenses, and sales and marketing activities.

The Vancouver-based company operates an augmented reality platform that enables organizations to create AR campaigns without programming experience. The platform allows users to point mobile devices at various objects to access interactive content including videos, advertisements, and 3D holograms.

The securities have not been registered under the Securities Act of 1933 and cannot be offered or sold in the United States without registration or an applicable exemption.

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