BULLETIN V2025-3727
XTAO INC. ("XTAO.U")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 20, 2025
TSX Venture Tier 2 Company
Financing Type: Non-Brokered Private Placement
Gross Proceeds: USD $7,298,899.30
Offering: 9,479,090 pre-funded warrants (the "Pre-Funded Warrants")
Offering Price: USD $0.77 per Pre-Funded Warrant
Pre-Funded Warrant Terms: Each Pre-Funded Warrant will automatically convert, for no additional consideration, into one common share of the Company on a rolling and indefinite basis, subject to blocker limits.
Warrant Exercise Terms: N/A
Non-Cash Commissions: Units Warrants
Finders (Aggregate) N/A N/A
Commission Terms: N/A
Public Disclosure: Refer to the company's news release(s) dated November 5, 2025, and November 13, 2025.
_______________________________________
|
|
