AI/ML Innovations closes private placement, issues $2.87 million convertible debentures

  • AI/ML Innovations closed final tranche of non-brokered private placement, issuing convertible debentures totaling USD 1.92 million.
  • Total debentures issued across both tranches reached USD 2.87 million.
  • Debentures convertible into units at USD 0.05 per unit; each unit includes one common share, one warrant exercisable at USD 0.15 for 36 months.
  • Debentures carry 10% annual interest, convertible on same terms; maturity set for May 11, 2029.
  • Insiders bought USD 340,000 of debentures in offering.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AI/ML Innovations Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202605112220ACCESSWRNAPR_____1166060) on May 12, 2026, and is solely responsible for the information contained therein.