MiniLuxe announces US$3.5 million-US$5 million private placement at US$0.58/share
- MiniLuxe launched non-brokered private placement of Class A subordinate voting shares, targeting gross proceeds of USD 3.5 million to USD 5 million at USD 0.58 per share.
- Signed commitments already exceed USD 3.5 million; closing expected by June 5, subject to regulatory approvals.
- Proceeds earmarked for growth, with focus on opening new studios; capital also positioned to support strategic acquisitions or JV locations.
- Company ended FY2025 with about USD 4.5 million cash; management cited investor quality and operational partnership potential as key drivers for financing.
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. MiniLuxe Holding Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605130715PRIMZONEFULLFEED9719044) on May 13, 2026, and is solely responsible for the information contained therein.
